---
title: "Intraday Analysis - Wednesday, Feb. 11"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275579002.md"
description: "USDCAD shows support at 1.3550, aiming for recovery towards 1.3700, with a close above 1.3600 attracting more interest. NZDUSD consolidates above 0.6000, with potential for a rebound towards 0.6100 if buyers take over. The UK100 remains bullish despite lower highs, needing a break above 10450 for further gains, while a bearish breakout could lead to profit-taking towards 10150 and 10000."
datetime: "2026-02-11T09:11:26.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275579002.md)
  - [en](https://longbridge.com/en/news/275579002.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275579002.md)
---

# Intraday Analysis - Wednesday, Feb. 11

### **USDCAD finds support**  

_(Click on image to enlarge)_

  
The pair witnessed an uptick after finding some support at the 1.3550 level. From the chart perspective, the prices are looking to complete a recovery back towards the recent top at 1.3700. With the recent comments about a progressive labour market, the greenback could enjoy another run to the upside. A close above the immediate hurdle at 1.3600 would attract more intraday interest and carry the price higher.  

### **NZDUSD looks to rebound**  

_(Click on image to enlarge)_

  
The New Zealand dollar dipped as prices failed to recapture the recent peak. The pair is now consolidating just above the latest psychological support at 0.6000. A further decline would signal a lack of momentum, as the price inches towards 0.6040 while the RSI moves into the neutral area, with a potential dive towards 0.5950. However, buyers could take over in the near term. The current congestion area could propel the pair to form a double top at 0.6100.  

### **UK100 keeps the high ground**

_(Click on image to enlarge)_

  
The FTSE remains bullish as stocks continue to trade in a positive setting, even though a series of lower highs has emerged on the chart. The index shows a slight slowdown after breaking the 10400 level, with 10270 in sight. Any signs of an uptick need a break at 10450, as this becomes the first resistance. A bearish breakout could trigger broader profit-taking and possibly a reversion towards 10150 and the critical floor at 10000.

* * *

_More By This Author:_

US Jan NFP Could Restart Fed Hopes  
Government Shutdown Ends But Data Remains Subdued  
Intraday Analysis - Tuesday, Feb. 10

### Related Stocks

- [SUP5.UK](https://longbridge.com/en/quote/SUP5.UK.md)
- [XUKS.UK](https://longbridge.com/en/quote/XUKS.UK.md)
- [USDU.US](https://longbridge.com/en/quote/USDU.US.md)
- [LUK2.UK](https://longbridge.com/en/quote/LUK2.UK.md)
- [XDUK.UK](https://longbridge.com/en/quote/XDUK.UK.md)
- [UUP.US](https://longbridge.com/en/quote/UUP.US.md)
- [L100.UK](https://longbridge.com/en/quote/L100.UK.md)
- [ISF.UK](https://longbridge.com/en/quote/ISF.UK.md)

## Related News & Research

- [UK May flash services PMI 47.9 vs 51.7 expected](https://longbridge.com/en/news/287182903.md)
- [Cotton Back to Mixed Trade at Wednesday’s Midday](https://longbridge.com/en/news/287108228.md)
- [UK inflation slows to 2.8% as energy price cap softens impact of rising fuel costs](https://longbridge.com/en/news/287014699.md)
- [ZAWYA: USDU goes live on Changer.ae, strengthening regulated digital asset settlement infrastructure](https://longbridge.com/en/news/287185988.md)
- [METALS-Copper falls to over 1-week low as strong dollar, higher bond yields weigh](https://longbridge.com/en/news/287000664.md)