EUR/USD Into A Massive Rally

Axiance | 2022-01-21 16:39

Abstract：Both the Australian and New Zealand dollars continue to threaten their 2021 lows and. The EUR/USD has market the bottom level of the year.In fact the weekly peak for the week soared in the first week of the year (on January 6) at 1.23487.Currently, the Euro versus the USD trades at $1.1332, which is a rise of $0.00066 or 0.06% from the previous close of 1.13262.The daily trading range is from $1.1290 to 1.1342, while the trading volume is 116.903K.Technically speaking, the falling side in 2021, resulted in the price to drop below the 100 weekly moving average.

Both the Australian and New Zealand dollars continue to threaten their 2021 lows and. The EUR/USD has market the bottom level of the year.In fact the weekly peak for the week soared in the first week of the year (on January 6) at 1.23487.Currently, the Euro versus the USD trades at $1.1332, which is a rise of $0.00066 or 0.06% from the previous close of 1.13262.The daily trading range is from $1.1290 to 1.1342, while the trading volume is 116.903K.Technically speaking, the falling side in 2021, resulted in the price to drop below the 100 weekly moving average.

Nevertheless the price levels are around the bottoms for the year, and below key longer term moving averages, demand data supplies a support that has a slowed the retreat.On hourly basis, the consolidation converged the 100 and 200 hour moving averages close to 1.1286

Broker Dealer Forex trading Forex Broker Forex news

Related broker

Offshore Regulated

Axiance

Company name：Aerarium Limited

Score

4.72

Website：https://axiance.com/

2-5 years | Regulated in Seychelles | Retail Forex License | Suspicious biz area

Score

4.72

Account Deleted, Funds Gone: A New Broker Tactic to Beware Of?

The main trading dashboard account of a trader for LQH Markets was completely deleted by a broker. The trader is not being offered any access to their funds or profits. This incident shows the risks of trading markets and brokers and the importance of protecting your funds without relying on any broker.

Original 2025-04-29 19:52

CySEC reaches €20k settlement with ZFN EUROPE

According to report, the Cyprus Securities and Exchange Commission (CySEC) announced today that it has entered into a settlement agreement with ZFN EUROPE Ltd for the amount of €20,000. This settlement resolves a regulatory inquiry into ZFN Europe’s compliance with Cyprus’s Investment Services and Activities and Regulated Markets Law of 2017, as amended.

Original 2025-04-29 16:56

PrimeXBT Expands Trading Options with Stock CFDs on MT5

PrimeXBT launches stock CFDs on MetaTrader 5, offering shares of major U.S. companies with crypto or USD margin for enhanced multi-asset trading.

Original 2025-04-29 16:25

Broker Comparsion: FXTM vs AvaTrade

FXTM and AvaTrade are two well-established online brokers offering forex and CFD trading across global markets. Both enjoy strong reputations and high ratings on WikiFX—FXTM holds an AAA overall rating, while AvaTrade scores 9.49/10, indicating they’re regarded as reliable choices by the community. However, since brokers have great reputation in the industry, how do we know which one is more suitable for individuals to invest in? Today's article is about the comparison between FXTM and AvaTrade.

Original 2025-04-29 15:06