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Your Daily Technical Analysis Newsletter
February 20, 2026
 
   
 
GBP/USD   EUR/USD   Dow Jones (CME)   Gold   Dax (Eurex)   Brent (ICE)   Crude Oil (WTI)   Nasdaq 100 (CME)   Apple   Tesla  
 
 
 
 
  Please note that due to market volatility, some of the key levels may have already been reached and scenarios played out.
 
 
     
 
 
Web TV from Trading Central
 
 
 
USD/CAD Intraday: Ongoing Consolidation, Watch U.S. PCE Price Index
 
On an intraday basis, USD/CAD continues to consolidate ahead of U.S. PCE price index.
 
WATCH NOW
 
 
     
 
GBP/USD Intraday: the downside prevails.
 
Pivot:
1.3495
 
Our preference:
Short positions below 1.3495 with targets at 1.3435 & 1.3405 in extension.
 
Alternative scenario:
Above 1.3495 look for further upside with 1.3520 & 1.3545 as targets.
 
Comment:
As long as 1.3495 is resistance, likely decline to 1.3435.
 
Analyst Views Chart
 
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EUR/USD Intraday: key resistance at 1.1780.
 
Pivot:
1.1780
 
Our preference:
Short positions below 1.1780 with targets at 1.1745 & 1.1725 in extension.
 
Alternative scenario:
Above 1.1780 look for further upside with 1.1795 & 1.1810 as targets.
 
Comment:
As long as 1.1780 is resistance, likely decline to 1.1745.
 
Analyst Views Chart
 
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Dow Jones (CME)‎ (H6)‎ Intraday: intraday support around 49300.
 
Pivot:
49300
 
Our preference:
Long positions above 49300 with targets at 49630 & 49790 in extension.
 
Alternative scenario:
Below 49300 look for further downside with 49150 & 48960 as targets.
 
Comment:
A support base at 49300 has formed and has allowed for a temporary stabilisation.
 
Analyst Views Chart
 
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Gold Intraday: the upside prevails.
 
Pivot:
4980
 
Our preference:
Long positions above 4980 with targets at 5045 & 5080 in extension.
 
Alternative scenario:
Below 4980 look for further downside with 4960 & 4940 as targets.
 
Comment:
Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
 
Analyst Views Chart
 
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Dax (Eurex)‎ (H6)‎ Intraday: watch 25225.
 
Pivot:
25010
 
Our preference:
Long positions above 25010 with targets at 25225 & 25320 in extension.
 
Alternative scenario:
Below 25010 look for further downside with 24886 & 24730 as targets.
 
Comment:
A support base at 25010 has formed and has allowed for a temporary stabilisation.
 
Analyst Views Chart
 
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Brent (ICE)‎ (J6)‎ Intraday: key resistance at 72.25.
 
Pivot:
72.25
 
Our preference:
Short positions below 72.25 with targets at 70.60 & 70.10 in extension.
 
Alternative scenario:
Above 72.25 look for further upside with 72.80 & 73.20 as targets.
 
Comment:
As long as 72.25 is resistance, likely decline to 70.60.
 
Analyst Views Chart
 
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Crude Oil (WTI)‎ (J6)‎ Intraday: the downside prevails.
 
Pivot:
67.00
 
Our preference:
Short positions below 67.00 with targets at 65.40 & 64.75 in extension.
 
Alternative scenario:
Above 67.00 look for further upside with 67.50 & 68.20 as targets.
 
Comment:
As long as 67.00 is resistance, look for choppy price action with a bearish bias.
 
Analyst Views Chart
 
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Nasdaq 100 (CME)‎ (H6)‎ Intraday: watch 25050.
 
Pivot:
24770
 
Our preference:
Long positions above 24770 with targets at 25050 & 25125 in extension.
 
Alternative scenario:
Below 24770 look for further downside with 24690 & 24570 as targets.
 
Comment:
The RSI is mixed with a bullish bias.
 
Analyst Views Chart
 
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Apple intraday : the downside prevails as long as 263.62 is resistance
 
Our pivot point is at 263.62.
 
Our preference:
The downside prevails as long as 263.62 is resistance
 
Alternative scenario:
Above 263.62, look for 266.63 and 268.43.
 
Comment:
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 263.08 and 262.13).
 
Analyst Views Chart
 
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Tesla intraday : as long as 417.00 is resistance look for 398.21
 
Our pivot point is at 417.00.
 
Our preference:
As long as 417.00 is resistance look for 398.21
 
Alternative scenario:
Above 417.00, look for 423.51 and 427.38.
 
Comment:
The RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI should trigger further losses. Moreover, the price stands above its 20 period moving average (411.54) but below its 50 period moving average (412.55).
 
Analyst Views Chart
 
Trade Now
 
 
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