Published:February 3, 2026

⚡Trading Ideas for February 3, 2026

Margarita Spanou
Written byMargarita Spanou

Disclaimer: The following ideas are provided for educational purposes only. They do not constitute financial advice and come with no guarantees.

Event risk: Watch US labor data (JOLTS) and headline risk—spreads and whipsaws can increase around releases.

1) EUR/USD — Breakout Buy Above 1.1840

Current price (approx.): 1.1809

  • Bias: Neutral-to-bullish on confirmation.
  • Entry trigger: Break and close above 1.1840.
  • Suggested stop-loss: Below 1.1785.
  • Potential targets: 1.1895, then 1.1940.
  • Risk note: If it snaps back under 1.1840 quickly, treat it as a false breakout.

2) GBP/USD — Sell Rejection Near 1.3725–1.3740

Current price (approx.): 1.3680

  • Bias: Range/reversal if upside momentum fades at resistance.
  • Entry trigger: Push into 1.3725–1.3740 followed by a bearish close back below 1.3720.
  • Suggested stop-loss: Above 1.3765.
  • Potential targets: 1.3635, then 1.3595.
  • Risk note: A clean break and hold above the zone invalidates the short idea.

3) USD/JPY — Buy the Dip from 154.90–155.10

Current price (approx.): 155.41

  • Bias: Constructive while support holds.
  • Entry trigger: Bullish bounce from 154.90–155.10.
  • Suggested stop-loss: Below 154.55.
  • Potential targets: 155.95, then 156.45.
  • Risk note: If price breaks and holds below support, step aside and reassess.

4) BTC/USD — Breakout Buy Above 79,500

Current price (approx.): 78,375

  • Bias: Bullish only on confirmation.
  • Entry trigger: Break and close above 79,500.
  • Suggested stop-loss: Below 77,800.
  • Potential targets: 82,500, then 85,000.
  • Risk note: Crypto can wick aggressively—avoid chasing without a clear close.

5) ETH/USD — Buy Reclaim Above 2,385

Current price (approx.): 2,326.9

  • Bias: Neutral-to-bullish on confirmation.
  • Entry trigger: Break and close above 2,385.
  • Suggested stop-loss: Below 2,310.
  • Potential targets: 2,500, then 2,580.
  • Risk note: If it fails back below 2,385 quickly, treat it as a false breakout.

6) SOL/USD — Breakout Buy Above 106.0

Current price (approx.): 103.8

  • Bias: Bullish only on confirmation.
  • Entry trigger: Break and close above 106.0.
  • Suggested stop-loss: Below 102.5.
  • Potential targets: 112.0, then 118.0.
  • Risk note: Alts can move fast—keep sizing conservative.

Important: Confirm setups with your own analysis and apply strict risk management. Forex and crypto trading involve substantial risk.