Forex Analysis & Reviews: 03.02.2022 - Hot forecast for EUR/USD on...

Live Chat

This section features the most important information about trading with InstaForex. We provide both analysis from leading experts for experienced traders and articles on trading conditions for beginners. Our services will help increase your profit potential.

Become Trader

开户

另见

交易条件

外汇分析

图表

This section is designed for those who are just starting their trading journey. InstaForex educational and analytical materials will meet your training needs. Our experts' recommendations will make your first steps to trading success simple and clear.

Start as Beginner

如何开始交易

有用信息

Training and recordings

InstaForex innovative services are an essential element of productive investment. We strive to provide our clients with advanced technical capabilities and make their trading routine comfortable as we are recognized as the best broker in this regard.

Become Investor

PAMM 系统

外汇跟单系统

被动投资

OYS 帐户

Partnership with InstaForex is beneficial and top-tier. Join our affiliate programs and enjoy bonuses, partner rewards, and the possibility to travel with the team of the world-renowned brand.

Become Partner

主页

合作伙伴区域

同盟的优势

This section contains the most lucrative offers from InstaForex. Receive bonuses when topping up an account, compete with other traders, and get real prizes even when trading in a demo account.

All Promo Campaigns

Bonuses

比赛

事件

Holidays with InstaForex are not only pleasant but also useful. We offer a one-stop portal, numerous forums, and corporate blogs, where traders can exchange experiences and become successfully integrated into the Forex community.

Full details

论坛

我们在社交网络

外汇幽默

外汇门户

InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.

Learn More

History

为什么选择我们

InstaSport

法规

公司新闻

奖项

InstaForex 明星

InstaForex 线下

Headquarters

关键文件

的社会责任

InstaForex洛普莱斯队 - 达喀尔拉力赛的正式参与者

03.02.2022 09:02 AM

Hot forecast for EUR/USD on 02/03/2022

Probably the main event not only of the week, but of the whole of January will be today's meeting of the Board of the European Central Bank, following which, as expected, plans to tighten monetary policy will be announced. Up to an increase in the refinancing rate. And not ever, but before the end of this year. Similar reflections are suggested by the actions of both the Bank of England and the Federal Reserve. And if these expectations are met, then a fairly long growth will begin for the single European currency. This process may well last for a whole month, right up to the next meeting of the Federal Open Market Committee. If the ECB once again does not say anything, but only repeats the words about the need to maintain the stability of the economic recovery and the like, then there will be no need to talk about any growth of the euro. Simply resume the trend to strengthen the dollar.

Refinancing rate (Europe):

During the corrective movement, the euro exchange rate strengthened by 200 points against the dollar. This led to a reverse movement of the price to the resistance area of 1.1270/1.1320, where a local reduction in the volume of long positions occurred.

The RSI technical instrument approached the level of 70 in a four-hour period, which signals the euro's overbought status.

The Alligator indicator changed the direction of the moving lines from a downward to an upward cycle in a four-hour period. Alligator D1 is still leaning towards the downward development of the market, there is no MA line crossing.

There is a downward trend on the chart of the daily period, in the structure of which there is a correction cycle.

Expectations and prospects:

In this situation, traders are considering a temporary price fluctuation within the resistance area of 1.1270/1.1320, but everything can change in case of new speculative jumps. For this reason, the values of 1.1240 and 1.1335 will become signals, where a breakthrough of one of the levels will indicate the subsequent path of speculators.

Complex indicator analysis gives a buy signal based on the short-term and intraday periods due to price correction. Indicators in the medium term signal a sale due to a downward trend.