Forex Signals 3rd Feb Daily Updated!

Discussion in 'Forex Signals' started by Forex Signals, Feb 3, 2017.

  1. Forex Signals

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    EURUSD tests the channel's support – Analysis - 03-02-2017


    The EURUSD pair returns to test the bullish channel's support that carries trading from 1.0339 areas, noticing that the EMA50 meets the mentioned channel's support to add more strength to it, while stochastic reaches the oversold areas now.

    Therefore, these factors encourage us to keep our bullish overview in the

    upcoming period, which its targets begin at 1.0852 and extend to 1.0973 after breaching the previous level, taking into consideration that breaking 1.0731 level will stop the suggested positive level and push the price to head towards 1.0581.

    Expected trading range for today is between 1.0680 support and 1.0920

    resistance.

    Expected trend for today: Bullish


    USDJPY loses momentum – Analysis - 03-02-2017


    The USDJPY pair settles below the bearish channel's resistance that appears on chart, falling under the negative pressure provided by the EMA50, while stochastic loses its positive momentum gradually heading towards the overbought areas.

    Therefore, we expect the continuation of the bearish trend domination in the

    upcoming sessions, which its next target located at 110.00, noting that the price needs to confirm breaking 112.50 level to ease the mission of achieving the mentioned target, while the expected decline will remain valid unless breaching 113.97 level and holding above it.

    Expected trading range for today is between 111.50 support and 113.55

    resistance.

    Expected trend for today: Bearish

    BINARY TRADING SIGNALS

    FEB 03, 2017

    EUR/USD Bullish

    My Preference: CALL trade above 107374


    GBP/JPY Bullish

    My Preference: CALL trade above 141222

    ………………………………………………………

    USD/CAD Bearish

    My Preference: PUT trade below 130453

    ………………………………………………………………

    NZD/USD Bullish

    My Preference: CALL trade positions 072629

    …………………………………………………………

    GBP/USD Bullish

    My Preference: CALL trade positions above 125251

    …………………………………………………………………………

    USD/JPY Bearish

    My Preference: PUT trade positions below 113307

    ………………………………………………………………


    USD/CHF Bearish

    My Preference: PUT trade positions below 099423

    ……………………………………………………………………

    AUD/USD Bullish

    My Preference:CALL trade positions above 076447

    ……………………………………………………………………
     

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