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Daily Market Analysis

Market Focus

All three major US stock indexes ended the session in positive territory. The Dow Jones Industrial Average added 131.02 points, or 0.38%, to 34,633.53, the S&P 500 put on 22.44 points, or 0.52%, to 4,319.94 and the Nasdaq Composite added 18.42 points, or 0.13%, to 14,522.38.

Earlier on Thursday, the Organization of Petroleum Exporting Countries and its allies appeared to have an agreement in principle to boost output by 400,000 barrels a day each month from August to December. It would also have extended the duration of the broader OPEC+ accord, setting the final expiry of the cuts in December 2022 instead of April.

That preliminary agreement was upended by the United Arab Emirates, which said it will block the deal until the baseline for its own cuts is adjusted, effectively raising its production quota, delegates said.

“Any request to adjust the production quota would be like opening Pandora’s box,” said Giovanni Staunovo, a commodity analyst at UBS Group AG. That could add up to a production increase of about 700,000 barrels a day for the UAE alone, and “other OPEC+ states might also request an adjustment.”

The standoff between the United Arab Emirates and the rest of the cartel could ultimately mean that OPEC+ won’t increase production at all, according to a delegate. Without a deal it would fall back on existing terms that call for output to remain unchanged until April 2022. That would squeeze an already tight market, risking an inflationary price spike.

The dramatic turn of events leaves the market in limbo — just as inflationary pressures are fixating investors with oil above $75. It also tarnishes the cartel’s carefully reconstructed reputation, raising the specter of the destructive Saudi-Russia price war of last year.

Main Pairs Movement:

The US dollar has started the month on a solid footing after closing June with a total 2.81% gain, being the best month in four and a half years. On Thursday, ahead of the highly anticipated Nonfarm Payrolls report, the dollar hit three-month highs but traded within narrow ranges as traders get set for more clues on whether the Federal Reserve will start to reduce monetary stimulus sooner rather than later. The U.S. dollar index rose to 92.601, the highest since early April.

The euro pair fell to 1.1837 as a fresh low amid upbeat domestic data, which Eurostat announcing that the Unemployment Rate declined to 7.9% in May, compared to analysts’ estimate of 8%. Additionally, Markit Manufacturing PMI edged higher to 63.4 in June and surpassed the market expectation of 63.1.

Sterling dropped on Thursday after Bank of England Governor Andrew Bailey warned against over-reaction to rising inflation in Britain. Cable slipped in morning trading to $1.3752, its lowest level since April.

Both antipodean pairs breached their critical support line and now trading at worse prices. NZD/USD dived below 0.7000, while AUD/USD violated the 0.7500 support line and trades at 0.7470 as of writing; the loonie pair ended the day at 1.2430.

Gold priced higher despite yet another surge in the US dollar, sitting at $1,776.30 in the close; Crude oil price headed to the north supported by demand optimism and increased output. WTI was at $75.00 and higher by 2.06% at the end of the day, while Brent bounced off the yearly high at $76.71 and closed with a modest gain at $75.58.

For the day ahead, it is all about the highly anticipated US Nonfarm Payrolls.

Technical Analysis:

USDJPY (4- Hour Chart)

USDJPY advances further north and stands above 111.00 yardstick ahead of Friday’s US Nonfarm Payrolls data. From the technical aspect, the break of previous day’s resistance at 111.12 confirms USDJPY’s bullish outlook on the 4- hour chart. At the moment, further upside move remains optimistic on the cards amidst the current atmosphere. The pair has traded to the highest level since March in 2020. The MACD signals that the pair is on the way to sustain its positive move; however, the pair might face an adjustment before heading toward the next immediate hurdle at 111.63 as the RSI reading is above 70, in the overbought territory.

Resistance: 111.63

Support: 110.91, 110.46, 110.10

EURUSD (4- Hour Chart)

EURUSD hovers around its support level at 1.1837 amid US mixed economic data today whith an upbeat US jobless claims and worst- than- estimate ISM Manufacturing PMI. From the technical viewpoint, EURUSD pauses its decending momentum, bouncing off the lows in order to push the RSI away from the 30 levels, the oversold condition on the 4- hour chart; however, the downside momentum of the pair does not end in the outlook since pushing the RSI above 30 will allow for more falls afterward. Moreover, momentum remains downside due to the pair continues to trade below the 50, 100, and 200 SMAs. To the downside, if the fall resumes, then it is expected to the pair head toward the next support at 1.1704, the lowest level since March.

Resistance: 1.1919, 1.1985, 1.2052

Support: 1.1837, 1.1704

GBPUSD (4- Hour Chart)

GBPUSD tumbles to fresh monthly lows under 1.3770 level during the American session after the comments from BOE’s Andrew Bailey. From the technical perspective, earlier break of the support at 1.3793 has re- confirmed GBPUSD’s bearish trend, which signals that downside momentum remains robust on the 4- hour chart. It is expected to see the pair to continue descending as the RSI is well above 30 readings, outside of the oversold territory, giving the pair rooms to extend further south. In the meantime, remaining to trade below the 50, 100, and 200 SMAs also suggests that the pair is under pressured. To the downside, the pair is expected to head toward its next support level at 1.3675, the lowest point since March.

Resistance: 1.3793, 1.4007

Support: 1.3675

Economic Data

Daily Market Analysis

Market Focus

Stocks were mixed on Wednesday, with the S&P 500 gaining for a fifth straight session to end the day at yet another record closing high. Dow Jones surged 0.61% to 34502, but Nasdaq declined 0.17% due to the poor performance of its main components. Look back on the first half of 2021, S&P 500 has increased by about 14.4%, Nasdaq by 12.5%, and Dow Jones by 12.7%.

Some of the biggest names in the hedge fund industry are wading deeper into crypto. Steve Cohen’s Point72 Asset Management is seeking to hire a head of cryptocurrencies, while the family office of billionaire George Soros has started trading Bitcoin, according to people familiar with the matter. Spokespeople for the firms declined to comment.

The moves, which were both reported earlier by the TheStreet.com, come as a growing number of marquee hedge funds have begun to dabble in digital assets. Point72 rival Millennium Management has been active in crypto-related futures and exchange-traded funds, while Brevan Howard Asset Management and macro trader Paul Tudor Jones have begun investing in crypto. In March, hedge fund manager Dan Loeb said he was doing a “deep dive” into crypto.

“We are exploring opportunities around blockchain technology and its transformative and disruptive capabilities,” Point72 said in a May letter to investors seen by Bloomberg. “We would be remiss to ignore a now $2 trillion crypto currency market.”

In a March interview with Bloomberg Television’s Erik Schatzker, Dawn Fitzpatrick, who oversees Soros Fund Management, said that Bitcoin was interesting and that the firm had been making investments into crypto infrastructure, such as exchanges, asset managers and custodians.

“There’s a real fear of debasing fiat currencies” that’s driving demand for crypto, Fitzpatrick said in the interview. “Bitcoin, I don’t think it’s a currency — I think it’s a commodity” that is easily stored and transferable, with a finite supply. She declined to say whether she owned any Bitcoin.

Main Pairs Movement:

The US dollar index appreciated to the highest level yet since it took off from 90.441 following the Federal Reserve’s surprise hawkish hold on 16 June. Printing a high of 92.448, DXY traded at its best level since 8 April earlier this year.

A mix of strong US data, delta covid flows, hawkish Fed speakers, and anticipation of a healthy Nonfarm Payrolls report on Friday helped the greenback maintain its strong narrative in financial markets on Wednesday. Fed’s Robert Kaplan reaffirmed his hawkish stance and said, ”I’d want to taper sooner than the end of the year.”

The euro pair extended its losses sub-1.1900 to test the June lows in the 1.1840 price zone. Aussie fell further to break the 0.7500 level to score a fresh low of 0.7492, while the loonie pair continued to test bearish commitments through 1.2400 again in the New York session to print a high of 1.2421, recovering from the London sell-off.

Cable settled around 1.3830 and remains undermined by Brexit jitters related to the Northern Ireland Protocol. Sterling is also facing uncertainty over the spread of the Delta variant of COVID-19 in the UK. Earlier this month forced the government to delay full reopening.

Gold recovered from the fresh two-month lows in the $1,750s and tallied a gain of over 0.5% on the day, printing a high of $1,774.45 before ending by the closing bell near $1,770. WTI crude oil price rose from near the day’s lows of $72.84 on a big draw on US inventories ahead of the highly anticipated OPEC+ meeting with a spot near to $73.51 by the close of play on Wall Street. Meanwhile, Brent’s price moved roughly along with the WTI’s, closed the day at $74.64.

Technical Analysis:

USDJPY (4- Hour Chart)

USDJPY climbs to daily highs above 110.70 level during the American session amid better- than- expected ADP data. After spending the majority of the week in a narrow range, the pair regains traction today, reaching as high as 111.09 as the time of writing. On the 4- hour chart, the intraday bias turns bullish as the pair trades within the ascending channel and it has reached the top of the ascending trend line, signalling that a bullish momentum has been resumed. Additionally, the pair has officially traded above the 20 and the 50 simple moving averages, suggesting a bullish mode. From the technical indicator, the RSI has not reached the overbought territory, meaning that the pair still has rooms to extend further north before an adjustment. To the upside, if the pair ends up breaching its resistance of 111.12, then it will open up an acelerated path for bulls.

Resistance: 111.12

Support: 110.51, 110.14, 109.84

EURUSD (4- Hour Chart)

EURUSD declines below 1.1900 after the US ADP jobs figures have come with 692K, beating the estimates. From the technical aspect, EURUSD remains bearish, attempting to contest its current resistance at 1.1837 as the time of writing. A successful break of the resistance at 1.1837 will lead the pair to the next level at 1.1704, which is the lowest since April. On the support side, if the pair can sustain and settle above 1.1837, it will give a chance to move toward 1.1919. In the short- run, bears are expected to pause a bit as the RSI reading has reached below 30, an oversold territory, which gives the pair an opportunity to bounce back. However, in a bigger outlook, the pair remains under pressured.

Resistance: 1.1919, 1.1985, 1.2052

Support: 1.1837, 1.1704

GBPUSD (4- Hour Chart)

GBPUSD slides toward 1.3800 level as the US dollar edges higher on US upbeat ADP data. From the technical perspective, the intraday bias of the pair remains bearish as it trades well below the 50 and 100 simple moving averages. The RSI has not yet reached the oversold territory, giving bears more rooms to decline further and heading toward its immediate support of 1.3787. To the downside, a successful test of the support at 1.3787 will open the path to the next support at11111. On the upside, if the pair can recover above 1.3896, then it will head to challenge the nexxt resistance at 1.3963 and 1.4017.

Resistance: 1.3896, 1.3963, 1.4017, 1.4072

Support: 1.3787

Economic Data

Daily Market Analysis

Market Focus

The three major indexes traded mixed Tuesday afternoon after gaining earlier in the day, with traders looking for fresh catalysts to rally beyond current record levels. The information technology and consumer discretionary sectors outperformed in the S&P 500. The tech-led session kept the Nasdaq in slightly positive territory (+0.19%). Dow Jones was little changed (+0.03%) as more than 1% drops in shares of Intel, Disney and Boeing offset gains in other components including Nike, Home Depot and Apple.

A divided U.S. Supreme Court refused to lift the federal moratorium on evictions during the Covid-19 outbreak, leaving the ban in place until the end of July.

Voting 5-4, the justices rejected calls by landlords and real-estate trade associations from Alabama and Georgia to block the moratorium while their challenge goes forward. They contend the Centers for Disease Control and Prevention exceeded its authority by imposing the spread of the coronavirus.

Chief Justice John Roberts and Justice Brett Kavanaugh joined the court’s three liberals in the majority. Kavanaugh said he was doing so because the moratorium is set to expire on July 31.

The ban applies to tenants who, if evicted, would have “no other available housing options.” The CDC and President Joe Biden’s administration say the moratorium is geared toward protecting tenants who would be forced to live in close quarters elsewhere or become homeless and dependent on shelters.

Main Pairs Movement:

The greenback appreciated against most major rivals as the dollar index reached a five-day high above 92.00, especially against high-yielding currencies. There was no obvious catalyst for the gains as the greenback actually retreated in the final trading session of the day, despite better than anticipated US data.

The euro pair hovered below 1.1900, awaiting the upcoming inflation figures; cable settled around 1.3840, undermined by Brexit jitters related to the Northern Ireland Protocol. Aussie fell toward the 0.7500 level, while the loonie pair flirts with 1.2400. The American currency strength and the modest performance of Wall Street weighed on commodity-linked currencies.

Gold plummeted to a fresh two-month low of $1,750.60 a troy ounce, bouncing ahead of the close to $1,761. Crude oil prices were mixed, as WTI surged around 1%, settling at $73.40 a barrel, and Brent almost declined for another day, closing with a tiny gain at $74.63.

“Unemployment rate would have to drop fairly substantially, or inflation would have to stay high, to have a 2022 rate hike,” Fed Governor Christopher Waller said on Tuesday’s Bloomberg TV Interview. “If you think you may need to raise rates by end-2022 or early 2023, you need to get tapering done before then.”

Though Fed’s Waller add to the market’s anxiety over inflation and rate-hike, major pairs still trade at familiar levels, seemingly unaffected by the press time. The reason could be traced from the cautious sentiment ahead of the day’s key data, namely China PMI and US ADP Employment Change.

Technical Analysis:

USDJPY (4- Hour Chart)

USDJPY loses its traction around 110.5 level during the American session. Even though the pair still trades within the overall ascending trend, it stages a technical correction. Similar to the previous day, USDJPY remains neutral for its intraday bias. Further rally will resume with its resistance of 111.12 intact. On the downside, break of 110.51 will turn the pair’s bias back to the downside for 110.14, turning the pair to bearish as it will breach the ascending trend line. From the technical indicator’s view of point, the pair is bearish in the near- term as the MACD is turning down, lending supports to bears; the RSI is neutral, lacking directional strength as of now.

Resistance: 111.12

Support: 110.51, 110.14, 109.84

EURUSD (4- Hour Chart)

EURUSD remains pressured under 1.1900 level as the greenback gains strength. From the technical aspect, EURUSD is poised to extend its decline, heading toward its support of 1.1837. On the 4- hour chart, the outlook of the pair is bearish as it trades below the 20 simple moving average as well as the 50 SMA, stating that the pair is under pressured. At the same time, the downside pressure is also supported by the negative MACD. If the pair falls below the previous low on the 22^nd of June, then it will accelerate its slide within negative level, favoring a chanllege against 1.1837.

Resistance: 1.1919, 1.1985, 1.2052

Support: 1.1837, 1.1704

GBPUSD (4- Hour Chart)

GBPUSD slips below 1.3850, reaching the weekly low as the greenback gains ground across the board. On the 4- hour chart, GBPUSD remains bearish as it has been unable to recapture the 20 and the 50 SMAs, experiencing the downside momentum. Additionally, the RSI is currently above the 30 readings, thus far from oversold conditions, allowing the pair for more declines; the MACD sustains its negative mode, lending supports to bears. As the time of writing, GBPUSD is expected to extend its fall toward its next support of 1.3787 in the near- term.

Resistance: 1.3896, 1.3963, 1.4017, 1.4072

Support: 1.3787

Economic Data

Daily Market Analysis

Market Focus

Wall Street benchmarks refreshed all-time highs with mild gains, except for Dow Jones Industrial Average (DJI), on Monday. Nasdaq surged 1.20%, while DJI closed red (-0.53%). The equities offered a mixed beginning to the key week comprising the US Nonfarm Payrolls (NFP) amid a light calendar. The Federal court’s dismissal of the Federal Trade Commissions’ (FTC) antitrust lawsuit against Facebook boosted FB by 4.0%, also propelled shares of Microsoft, Amazon, Apple, and other tech giants.

The House passed two bills Monday that are expected to form the core of legislation in the chamber designed to boost U.S. research and development in response to China’s challenge to U.S. economic supremacy.

By wide bipartisan margins, the House authorized more funding for the National Science Foundation and additional money for the Department of Energy, following a similar effort in the Senate that saw the passage of a comprehensive $250 billion measure that included more than $52 billion in incentives and grants for domestic semiconductor manufacturing.

While the Senate pulled separate pieces of legislation into a single bill intended to bolster U.S. competitiveness with China, the House is taking a more piecemeal approach. Some lawmakers and industry groups are pressing for the House to include the incentives for chipmakers in whatever package eventually emerges.

“As the legislation advances, we urge Congress to include $52 billion to fund the critical semiconductor research, design, and manufacturing initiatives” included in previous congressional legislation that was never funded, the Semiconductor Industry Association said in a statement.

Main Pairs Movement:

Major pairs remained restrained to narrow price ranges. Dollar managed to post a modest intraday gain, helped by optimistic market sentiments.

The euro pair fell to 1.1902, its lowest in 5 days, but finished the day in the 1.1920 area. ECB’s Robert Holzmann said there is no room to increase rates given weak inflation, adding that the PEPP will end when the coronavirus emergency is over, something that won’t happen anytime soon. The facilities program will be revised in September.

Cable failed to recover the 1.3900 mark and trades around 1.3875. After Matt Hancock resigned over the weekend, Sajid Javid is the new UK’s health minister. Javid affirmed that coronavirus-related restrictions would be lifted on July 19, as the government sees “no reason to go beyond” that date. Meanwhile, the UK reported 22,868 new coronavirus cases, the largest one-day increase in five months, amid the spread of the Delta variant.

Antipodean currencies lost some ground against their American rival. Aussie ended the day at 0.7565, and Kiwi at 0.7040. The loonie pair trades at 1.2335, slightly higher than the previous day. Gold continued consolidating around $1,780, but crude oil prices edged lower. WTI settled at $72.75 a barrel, and Brent at $74.58. US 10-year Treasury yields advanced during European trading hours, but retreated ahead of Wall Street’s opening, to end the day below 1.500.

Technical Analysis:

USDJPY (4- Hour Chart)

Despite of today’s retreat, USDJPY remains its bullish momentum as it keeps trading within the ascending channel and trading above a bullish 20 simple moving average in a bigger outlook. Nonetheless, USDJPY seems to lose its direction on the 4- hour chart as the pair is unable to sustain gains beyond its immediate resistance of 111.12; at the same time, both technical indicators, the MACD and the RSI, lose their directional strength around the midlines. To the downside, if the pair loses traction below the support of 110.51, then its intraday bias will become bearish in the near- term; on the other hand, if the pair regains its bulls above 111.12, then it will continue to be bullish and extend further north.

Resistance: 111.12

Support: 110.51, 109.14, 109.84

EURUSD (4- Hour Chart)

EURUSD continues to consolidate in the tight range above 1.1900 level. On the 4- hour chart, the pair remains neutral at this point since it continues to cling around 1.1985 level. On the upside, a break of 1.1919 will lead the pair head to 1.1985 instead; to the downside, if the pair fails to hold above 1.1919, then it might aim for the weekly low at 1.1837. However, similar to GBPUSD, the pair seems to be in a neutral position as the MACD and the RSI are both in a neutral status. As a result, the focus will shift to Tuesday’s mid- tier US economic data releases.

Resistance: 1.1985, 1.2052

Support: 1.1919, 1.1837

GBPUSD (4- Hour Chart)

GBPUSD retreated below 1.1900 level as the resurgent demand for the US dollar and the coronavirus delta variant tension in the UK. The outlook of GBPUSD remains under pressured on the 4- hour chart. The pair is currently contesting its minor support level of 1.3896; to the downside, a break of the level will resume the fall to chanllege the next level of 1.3787. On the upside, if the support level of 1.3896 is held, then the pair will turn bias back to upside for the level of 1.3963 instead. As the time of writing, the intraday bais remains neutral first as the MACD is overlapped and the RSI remains neutral

Resistance: 1.3963, 1.4017, 1.4072

Support: 1.3896, 1.3787

Economic Data

Dear Client,

Please note that adjustment on following products due to Canada Day/HK special administrative region Day and US Independence Day.

If you have any questions, our team will be happy to answer your questions. Please mail to trading@vtmarkets.com or contact the service online.

Dear Client,

Warmly reminds you that the component stocks in the stock index spot generate dividends. When dividends are distributed, VT Markets will make dividends and deductions for the clients who hold the trading products after the close of the day before the ex-dividend date.

Indices dividends will not be paid/charged as an inclusion along with the swap component. It will be executed separately through a balance statement directly to your trading account, the comment for which will be in the following format “Div & Product Name & Net Volume ” .

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Daily Market Analysis

Market Focus

The S&P 500 index rose to another record last Friday, after investors pored over fresh U.S. economic data a day after an infrastructure spending agreement in Washington helped lift the broad market to all-time highs. The Dow also finished higher (+0.69%), with the rise in Nike shares being a big driver of its gains. JPMorgan Chase & Co. also added to the benchmark’s performance, after the results of the Federal Reserve’s latest stress tests, released last Thursday, showed banks have enough capital to withstand a severe global recession and so can resume paying dividends and buying back stock. Nasdaq closed red (-0.06%).

The U.S. president Joe Biden and a bipartisan group of senators presented the agreement on new infrastructure spending on Thursday. Biden suggested after the deal was stuck that his signature on any infrastructure bill was contingent on Congress also passing the much larger tax and social-spending measure that Democrats are preparing.

On Saturday, he issued a statement saying it “was certainly not my intent” to create the impression he was threatening to veto “the very plan I had just agreed to.”

Mitt Romney, also among a group of GOP senators who announced the infrastructure deal with Biden at the White House on Thursday, said he was concerned about the president’s earlier comments but thinks “the waters have been calmed by what he said on Saturday.”

“I do trust the president,” Romney, a Utah Republican, said on CNN’s “State of the Union” on Sunday. “At the same time I recognize that he and his Democratic colleagues want more than that.”

Senator Bill Cassidy, a Louisiana Republican who’s in the bipartisan group, said “I’ll continue to work for the bill.” Asked whether on NBC’s “Meet the Press” whether he expects Senate Minority Leader Mitch McConnell to try to sink the bipartisan plan, he said: “If we can pull this off, I think Mitch will favor it.”

Main Pairs Movement:

Though higher US PCE inflation, which rose in May 3.4% YoY, its highest reading in almost three decades, greenback’s performance is still weak as the stats didn’t surprise the market players. The dollar ended the week with modest losses. However, U.S 10-year Treasury Bonds yield soared 2.38% to 1.531, benefiting from the price index’s rise.

The euro pair kept lingering within familiar levels, ending the week at around 1.1930. Cable settled at 1.3870, as the pound remained under selling pressure, undermined by the BoE’s dovish announcement. The antipodean currencies modestly advanced against their American rival at the weekly close, while the loonie pair ended red.

Gold finished the week little changed around $1,780 per ounce. Crude oil prices advanced, with WTI up to $74.00 a barrel, and Brent to $76.00.

UK Health Minister Mark Hancock resigned on Saturday after breaking coronavirus-related rules imposed by himself. The news may impact the already weak Sterling at the weekly opening.

The week will start in slow motion from the fundamental side, with the focus on US employment numbers to be out by the end of the week.

Technical Analysis:

USDJPY (4- Hour Chart)

USDJPY edges higher after the US PCE inflation data during the American session. The pair remains bullish mode as it conitnues to fall within the ascending channel, signaling the positive move. The stability of the USDJPY above the 110 psychological level continue to support the upside momentum. At the same time, the technical indicator, the MACD remains bearish while the RSI is still outside of the overbought territory on the 4- hour chart, giving the pair rooms to extend further north. It is expected to the pair moves toward the next resistance of 111.12.

Resistance: 111.12

Support: 110.51, 109.14, 109.84

EURUSD (4- Hour Chart)

EURUSD bounces back during the American session after tounching weekly highs at 1.1976, caused by higher US yields, giving the greenback a boost. On the technical sphere, the pair still trades in levels close to the oversold condition, which means that its bullish attempt might cling on the resistance of 1.1985 for a moment before next week, a busy US calender week. To the upside, EURUSD still remains bullish as the MACD is positive, and the pair trades above the 20 SMA on the 4- hour chart. If the pair ends up breaching its current resistance and the 50 Simple Moving Average, then it will head toward the next psychological level at 1.2000.

Resistance: 1.1985, 1.2052

Support: 1.1919, 1.1837

GBPUSD (4- Hour Chart)

GBPUSD continues to remain under pressured by the dovish BOE’s decision. The pair reverses from bullish to bearish this week, moving away from the key 1.4000 resistance region and now heading toward its next immediate support of 1.3896. GBPUSD remains bearish as the MACD has turned negative, lending supports to bears; at the same time, the downside pressure is expected to continue as the RSI is outside of the oversold terriotry, giving the pair rooms to extend further south. To the upside, the pair needs to trade above the critical hurdles at the 20 SMA and the 50 SMA in order to stand back to the positive trend.

Resistance: 1.3963, 1.4017, 1.4072

Support: 1.3896, 1.3787

Economic Data

Dear Client,

As part of our commitment to providing the best reliability and service to our customers, we are planning an upgrade in our server on Jun 26th 2021.

As a result, we will be conduct maintenance according to the schedule below.
Start date and time: 2021-06-26 15:00 GMT+3(Server time)
End date and time: 2021-06-26 19:00 GMT+3(Server time)

The impact can only make customers be unable to log in to the MT4 /MT5 software temporarily, and that won’t affect any order which has been opened.

After the upgrade, clients can login to MT4/ MT5 software using the server which is shown in the account activation mail.

No action is required by our customers. Your services will come back online at the end of the maintenance.

Thank you for your patience and understanding with regard to this important initiative.

If you have any questions, our team will be happy to answer your questions.Please mail to info@vtmarkets.com or contact the service online.