نظرة عامة تحليلية على أزواج العملات الرئيسية في 2026.02.20

The EUR/USD currency pair

المؤشرات الفنية لأزواج العملات:

• الافتتاح السابق: 1.1788
• الإغلاق السابق: 1.1773
• تغيُّر بنسبة% خلال اليوم الماضي: -0.13%

The euro exchange rate dropped toward 1.1750 against the dollar, reaching a two-week low amid the strengthening of the US dollar. The primary driver of volatility was the ambiguous stance of the US Federal Reserve: minutes from the recent meeting revealed a lack of consensus among officials regarding the future of interest rates, which calls into question a prompt easing of monetary policy. Additional pressure on the Euro was exerted by strong macroeconomic statistics from the United States, including positive labor market data.

توصيات التداول

• مستويات الدعم: 1.1742, 1.1726
• مستويات المقاومة: 1.1776, 1.1805, 1.1850, 1.1894, 1.1955, 1.2050, 1.3000

The European currency has consolidated below the key support level of 1.1776, confirming the persistence of the short-term downward trend. In the current situation, the initiative completely belongs to the sellers, and quotes are aimed at testing liquidity near the 1.1742 mark. The market environment favors opening short positions from the 1.1776 resistance level or near the dynamic EMA lines. To change market sentiment and consider buys, clear signs of buyer activity near the support zones of 1.1742 or 1.1726 are necessary.

السيناريو البديل:

• Trend: Down
• Sup: 1.1742
• Res: 1.1776
• Note: Сonsidering sells from the EMA lines or the 1.1776 level, but with confirmation. For buys, it is currently necessary to see buyer initiative from the support levels of 1.1742 or 1.1726.

The GBP/USD currency pair

المؤشرات الفنية لأزواج العملات:

• الافتتاح السابق: 1.3491
• الإغلاق السابق: 1.3462
• تغيُّر بنسبة% خلال اليوم الماضي: -0.21 %

The British pound has consolidated below the 1.36 dollar mark, reacting to distinct signs of cooling inflationary pressure in the United Kingdom. In January, the growth rate of consumer prices slowed to 3.0%, which was the lowest value in the last year, while core inflation dropped to 2021 levels. The decline in the cost of logistics and food, combined with weak labor market statistics, has formed a stable foundation for revising expectations regarding the Bank of England’s monetary policy. Amid the macroeconomic lull, market participants have sharply increased bets on interest rate easing. Current quotes indicate a 75% probability of a 25-basis point rate cut as early as March, while such a move is considered practically inevitable by April.

توصيات التداول

• مستويات الدعم: 1.3426, 1.3401, 1.3381, 1.3292
• مستويات المقاومة: 1.3483, 1.3517, 1.3558, 1.3582

The pound has consolidated below 1.3483 and is striving to test the 1.3426 support level. Given that the British currency is in a demand zone, and taking into account the presence of MACD divergence and an SMT signal (divergence between instruments), the probability of a corrective bounce in this zone is high; however, it is important to wait for a buyer reaction. The key range for intraday buys is the 1.3401-1.3426 support zone. If supply strengthens in this zone again, the market may continue to fall and maintain a downward bias.

السيناريو البديل:

• Trend: Down
• Sup: 1.3426
• Res: 1.3483
• Note: Intraday, it is appropriate to look for buys from the 1.3401-1.3426 support zone, but with confirmation. For sells, it is necessary to see a correction toward the 1.3483 area.

The USD/JPY currency pair

المؤشرات الفنية لأزواج العملات:

• الافتتاح السابق: 154.77
• الإغلاق السابق: 154.98
• تغيُّر بنسبة% خلال اليوم الماضي: +0.14 %

On Friday, the Japanese yen dropped below 155 per dollar, declining for the third consecutive session amid slowing inflation. The annual figure in January decreased to 1.5% from 2.1%, which was the lowest since the spring of 2022, and core inflation slowed to 2% – the Bank of Japan’s target level and the lowest value in two years. The easing of price pressure gives the regulator more room for maneuver before a possible rate hike, especially given the weak economic recovery in the last quarter. Investors are paying additional attention to the plans of Prime Minister Takaichi, who intends to focus on stimulating strategic investments and conducting a balanced fiscal policy.

توصيات التداول

• مستويات الدعم: 154.62, 153.67, 152.61, 152.17, 151.54
• مستويات المقاومة: 155.30, 155.64, 156.27

After a five-day consolidation, the Japanese yen broke out of the range and consolidated above it impulsively, forming a new ascending structure. Generally, the longer the price has been in the accumulation phase, the stronger and more prolonged the subsequent movement can be. The intraday bias is currently maintained by the buyers. Yesterday, the price approached the 155.30 resistance level, where the first profit-taking occurred, but prerequisites for a trend reversal are currently absent, despite the MACD divergence. It is optimal to consider buys on pullbacks – from the dynamic support at the EMA lines or from the 154.62 level as the nearest horizontal support. In the event of continued momentum, the target is the 155.64 zone.

السيناريو البديل:

• Trend: Up
• Sup: 154.62
• Res: 155.30
• Note: Looking for intraday buys from the 154.62 support level or the EMA lines, but with confirmation. There are no optimal points for sell deals.

The XAU/USD currency pair (gold)

المؤشرات الفنية لأزواج العملات:

• الافتتاح السابق: 4978
• الإغلاق السابق: 4996
• تغيُّر بنسبة% خلال اليوم الماضي: +0.36 %

Gold quotes broke through the $5,020 per ounce mark, demonstrating steady growth amid a combination of monetary and geopolitical factors. Investors are adjusting their strategies following the publication of the January Fed meeting minutes, which indicated the regulator’s readiness to maintain tight credit conditions longer than expected or even consider the possibility of raising rates if inflation stays fixed above target levels. Cooling expectations for policy easing were aided by strong US labor market statistics, where the low number of jobless claims (206,000) confirmed the resilience of domestic demand. Notably, the current rally is occurring despite the seasonal lull in Asia caused by the Chinese New Year celebrations, emphasizing the dominant influence of global uncertainty over physical demand.

توصيات التداول

• مستويات الدعم: 4960, 4907, 4842, 4745, 4605, 4400
• مستويات المقاومة: 5044, 5086, 5145, 5230

On intraday time frames, gold is showing a bullish bias, and the price is currently striving to test liquidity above 5044. Intraday, it is better to focus on buys from the EMA lines or from the breakout point of the narrowing triangle. The 5044 level deserves special attention: in the event of initiative from sellers and the formation of a reversal reaction from this zone, a pullback is possible. However, without a clear signal of weakening bullish pressure, selling against the current momentum carries high risk.

السيناريو البديل:

• Trend: Neutral
• Sup: 4960
• Res: 5044
• Note: For intraday, consider buy deals from the EMA lines or from the support level of 4860. For sales, assessing the price reaction to the resistance level of 5044.