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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70.88% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your money. Read full risk warning.

EUR/USD

Special Reports - 03/02/2026

03 February, 2026

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

EUR/USD Weekly Special Report Based on 1 Lot Calculation:

EUROPEAN CENTRAL BANK:

  • THURSDAY, FEBRUARY 5 AT 13:15 GMT AND 13:45 GMT: EUROPEAN CENTRAL BANK INTEREST RATE DECISION & PRESS CONFERENCE. Investors will closely watch the ECB’s decision and forward guidance, as any indication of a stable monetary policy could support economic growth in the eurozone. Such signals tend to boost investor confidence and provide potential support for the EUR/USD.
  • CURRENT RATE: 2.15%
  • PREVIOUS CHANGE: ECB decided to cut the interest rate on June 5th, 2025, from previous 2.40% to current 2.15%.

EVENTS:

  • WEDNESDAY, FEBRUARY 4 AT 10:00 GMT: EUROZONE INFLATION (CPI) (JANUARY). A higher-than-expected CPI reading would suggest stronger price pressures across the eurozone, reflecting solid consumer demand. Such a result could strengthen investor confidence and provide support for the EUR/USD.
  • FRIDAY, FEBRUARY 6 AT 07:00 GMT: GERMAN INDUSTRIAL PRODUCTION (DECEMBER). A stronger-than-expected reading would indicate improving factory activity and manufacturing output in Germany. This would signal healthier economic momentum and could support gains in the EUR/USD.
  • WEDNESDAY, FEBRUARY 11 AT 13:30 GMT: US INFLATION DATA (CPI) (JANUARY). A softer than expected reading could raise expectations for Fed interest-rate cuts, weaken the U.S. dollar, and potentially boost EUR/USD.
  • FRIDAY, FEBRUARY 13 AT 10:00 GMT: EUROZONE GROSS DOMESTIC PRODUCT (Q4). A stronger-than-expected GDP reading would point to improving economic growth across the eurozone. Such a result could boost investor confidence and provide support for the EUR/USD.

TECHNICAL ANALYSIS

  • DAILY MOVING AVERAGES: EUR/USD is trading above its key moving averages. The 20-day moving average (red) has turned higher again, signaling renewed upside momentum. The 100-day moving average (green) continues to slope upward, reinforcing overall trend stability.
  • UP-TREND SINCE NOVEMBER 2025: EUR/USD remains in a medium-term uptrend, supported by a rising long-term trendline (orange) and a clear sequence of higher highs and higher lows since mid-2025.
  • ANALYST OPINION: JP Morgan projects EUR/USD at 1.22 in early 2026; UBS expects the pair to rise toward 1.26 in 2026; Bank of America forecasts 1.25 during 2026; Morgan Stanley targets 1.26 by June 2026.

GRAPH (Daily): December 2024– February 2026

Please note that past performance does not guarantee future results

EURUSD, February 3, 2026
Current Price: 1.17900

EUR/USD

Weekly

Trend direction

UP

Resistance 3

1.2300

Resistance 2

1.2100

Resistance 1

1.2000

Support 1

1.1670

Support 2

1.1600

Support 3

1.1550

Example of calculation based on weekly trend direction for 1.00 Lot1

EUR/USD

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

5,100

3,100

2,100

-1,200

-1,900

-2,400

Profit or loss in €²

4,326

2,629

1,781

-1,018

-1,612

-2,036

Profit or loss in £²

3,734

2,270

1,538

-879

-1,391

-1,757

Profit or loss in C$²

6,621

4,024

2,726

-1,558

-2,467

-3,116

  1. 1.00 lot is equivalent of 100 000 units
  2. Calculations for exchange rate used as of 12:20 (GMT) 03/02/2026

There is a possibility to use Stop-Loss and Take-Profit

  • You may wish to consider closing your position in profit, even if it is lower than the suggested one.
  • Trailing stop technique could protect the profit
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