EUR/USD: Tips for Beginner Traders on February 3rd (U.S. Session)
Trade Analysis and Trading Tips for the European Currency The test of the 1.1801 price level occurred at a moment when the MACD indicator had moved significantly downward from.
Forex Analysis & Reviews
Popular analytics
All analytics
Stock Markets
Hot forecast
Trading plan
Crypto-currencies
For beginners
Video analytics
Forex calendar
Hot topic: Coronavirus (COVID-19)
Forex forecast 03/02/2026: EUR/USD, USD/JPY, GBP/USD, AUD/USD, NZD/USD, Gold and Bitcoin
Useful links: My other articles are available in this section InstaSpot course for beginners Popular Analytics Open trading account Important: The begginers in forex trading need to be very careful.
GBP/USD Forecast on February 3, 2026
On the hourly chart, the GBP/USD pair continued its decline on Monday and reached the support level of 1.3611–1.3620. A rebound from this zone worked in favor of the British.
Stock market on February 3: S&P 500 and NASDAQ rally sharply
Yesterday, stock indices closed higher. The S&P 500 rose by 0.54%, while the Nasdaq 100 jumped by 0.56%. The Dow Jones Industrial Average strengthened by 1.05%. Asian equity markets also.
Bank of England policymakers face difficulties
The pound has been trading with heightened volatility in recent days. Although the Bank of England is likely to hold its policy rate at 3.75% this week, policymakers must weigh.
Recommendations for Trading in the Cryptocurrency Market on February 3
Bitcoin has bounced back from a low of around $74,500 and is currently trading in the area of $78,300. Ethereum also made a decent recovery yesterday; however, long-term upward potential.
Email Subscription
Do you want to receive Forex analytics newsletter to your email?
Subscribe to analytics newsletter and get fresh daily reviews prepared by InstaSpot professional analysts. You can choose which type of analysis and from what analysts you wish to recieve to your email address daily. Be on top of the Forex market events with InstaSpot!
BTC bottom seen near $60,000
Although Bitcoin bounced from its yearly low near $79,000 yesterday, that does not indicate traders are ready to buy aggressively. The rebound appears speculative, and it is too soon.
USD/JPY: Simple Trading Tips for Beginner Traders on February 3. Analysis of Yesterday's Forex Trades
The test of the 155.04 price coincided with the MACD indicator moving significantly above the zero mark, which limited the pair's upside potential. For this reason.
GBP/USD: Simple Trading Tips for Beginner Traders on February 3. Analysis of Yesterday's Forex Trades
The test of the price at 1.3686 occurred as the MACD indicator began its downward movement from the zero mark, confirming a good entry point to sell the pound.
EUR/USD: Simple Trading Tips for Beginner Traders on February 3. Analysis of Yesterday's Forex Trades
The test of the price at 1.1845 coincided with the MACD indicator being significantly below the zero mark, which limited the pair's downward potential. For this reason.
Natural Gas has the potential to weaken today down to its nearest support level
[Natural Gas] With technical conditions indicating weakness in #NG, then there is potential today to continue its weakening bias. Key Levels 1. Resistance. 2 : 3.857 2. Resistance.
Platinum appears to remain dominated by Sellers and thus has the potential to continue its weakening bias
[Platinum] Although the RSI(14) indicator is at a Neutral-Bullish level, but with both EMAs still forming a Death Cross, then selling pressure appears to dominate #PLF today. Key Levels.
Intraday Strategies for Beginner Traders on February 3
The dollar will continue to strengthen its positions against the euro, pound, Japanese yen, and other currencies. Yesterday's positive data showing that the ISM Manufacturing Index for the US returned.
What to Pay Attention to on February 3? Analysis of Fundamental Events for Beginners
There are very few macroeconomic reports scheduled for Tuesday. The only notable report is the JOLTS report in the US on job openings, which is part of the labor market.
How to Trade the GBP/USD Currency Pair on February 3? Simple Tips and Trade Analysis for Beginners
The GBP/USD pair continued its downward movement throughout Monday, largely driven by the ISM Manufacturing Index for the US. This index showed a very high value relative to forecasts.
How to Trade the EUR/USD Currency Pair on February 3? Simple Tips and Trade Analysis for Beginners
The EUR/USD currency pair continued its downward movement throughout Monday. We discussed the key report of the day: the ISM Manufacturing Index for the US. This index indeed triggered.
GBP/USD Overview. February 3. The Situation Around Iran Heats Up
The GBP/USD currency pair also traded quite calmly on Monday. Let's begin with the technical picture, as it continues to guide traders effectively on where the price will move next.
EUR/USD Overview. February 3. A Boring Monday in the Market, an Unexciting One in the US
The EUR/USD currency pair traded very quietly throughout Monday. Of course, market activity increased slightly during the American trading session for two reasons. First, the ISM Manufacturing Index.
Show more
We present to you the daily updated section of market analysis prepared by professional analysts of InstaSpot Company. Each of the specialists represented in this section, carries out analytical reviews in accordance with his/her vision of the current situation on foreign exchange and other markets. However, the outlooks below are only recommendations and not instructions to any actions; they contain analysis of the current situation on the currency market. In some cases the analysts' opinions to changes in the current market situation can differ, in this way, we recommend you to follow the publications of only one analyst, who in your view most clearly and correctly evaluates the situation on the international Forex market.
