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 ” .

Please note the specific adjustments as follows:

Note: The above data is for reference only, the actual execution data may be changed, please refer to the MT4 software for details.

If you’d like more information, please don’t hesitate to contact [email protected].

Daily Market Analysis

Market Focus

All major U.S. stock indices closed lower for the second straight day. The Dow lost 0.34% to close at 34378.34, the S&P lost 0.24% to close at 4350.65, and the Nasdaq lost 0.14% to close at 14465.93. Poor performance in the communications sector dragged most indices lower, while strong gains in the real estate and consumer discretionary industry helped limit losses. Macroeconomic factors including soaring commodity prices and strong global energy demand put further weight on the threat of inflation.

Oil prices remained at historical heights. The WTI gained 12 cents to settle at $80.64 per barrel, while the Brent Crude lost 23 cents to settle at $83.42 per barrel. Worldwide shortage of natural gas has helped buoy oil prices. On the other hand, the 10-year treasury yield stayed above 1.5%, but the yield experienced its largest one day drop to settle at 1.579%.

This week also signals the beginning of the third quarter earnings season. JPMorgan Chase and Blackrock will be announcing their earnings on the 13^th. Speculators are eyeing the performance of the industrial and the materials industry as global demand ticked up and these firms retain better pricing power in the face of rising costs.

Main Pairs Movement:

Another day without high-impact US data leads the risk perception became the primary driver of market movement. With major US indices consolidating in the familiar levels, the US Dollar Index continued its upweard traction and rose 0.15% on Tuesday.

Robust USD strength in the second day of the week forced most of its rival pairs to close in the negative territory. The EUR/USD pair remains within a touching distance of the 15-month low setting at 1.1529 while consolidating its losses. GBP/USD settles around the same old range at 1.3600. USD/JPY advanced to its highest level since late-2018 and seems to have gone into a consolidation phase around 113.50. Commodity-linked currencies posted mild gains against greenback. USD/CAD dropped nearly 0.1%, and AUD/USD climbed about 0.15%.

After surging more than 10% in the previous week, the benchmark 10-year US Treasury bond yield dropped significant 3.6% intraday, fueling gold’s rally. The yellow metal trades at $1760 per ounce at the moment, 0.36% higher than yesterday; Crude oil prices remains unchanged, with WTI’s at $80.50, and Brent at $83.30.

Bitcoin plummeted over 4% after renewing multi-month highs on Monday, now trading at $55,250. Ethereum trades near $3,500 on Tuesday and seems lack of momentum to keep its uptrend, as the overall risk-off mood makes the crypto currencies unattractive.

Technical Analysis:

USD/JPY (4-hour Chart)

The USD/JPY pair refreshed daily lows during the early European session, managed to defend the 113.00 mark, and quickly rebounded thereafter. The pair was last seen hovering around the 113.50-80 region, fresh highs since December 2018.

On the technical front, both the 4-hour MACD histogram and RSI indicator suggest that the USD/JPY pair is strongly bullish, even RSI breaches to the overbought territory, implying the pair might experience a correction in the short term. In our opinion, we think the pair may encounter its first resistance at the upper bound of the Bollinger Band, consolidate awhile, then keep on its uptrend. If not, then the first support for the pair lies on the 4-hour 20 SMA, then 112.00. A breakthrough of the last support 109.15 could open the Pandora’s Box of a downward trajectory.

Resistance: 114.02, 114.55

Support: 112.57, 112.00, 109.15

EURUSD (4-hour Chart)

The EUR/USD pair lingers in the narrow price interval for yet another session on Tuesday. The pair dove to the 2021 low below 1.1530 remains well on the table amid the ongoing bearish trend, at least in the short term. A further retreat from this spot should trigger a relatively quick test of the 1.1500 psychological support, where the March 2020 high sits, and a breakthrough of that will lead the pair to the last barricade ahead of a massive downfall, the June 2020 high at 1.1422.

On the technical front, the 4-hour MACD histogram has just formed a death cross, and the RSI indicator is at 35, strongly bearish but above the oversold territory, suggesting the downward traction should proceed. Moreover, the pair is now deeply below the key 200-DMA line, where the pair should cross to prove a meaningful rebound.

Resistance: 1.161, 1.164, 1.1675, 1.172

Support: 1.153, 1.150, 1.1422

USDCAD (4 Hour Chart)

The USD/CAD pair slides during the New York session is trading at 1.4635, down 0.17% around at nearly market close. The market sentiment is downbeat, portrayed by U.S. stock indices posting losses between 0.25% and 0.34%. Reasons like the energy crunch in Europe and Asia. On oil side, rising oil prices are boosting the loonie, WTI crude oil is barely unchanged at $79.9, outside of $80 per barrel threshold for the first time in two days.

From a technical perspective, RSI indicator still clinging at over sough territory at 38 in nearly two day as market faltering, remain suggesting bearish momentum in short term. On moving average indicator, 15- and 60-long indicator still retaining downside movement.

Since loonie rapidly break through a critical support at 1.25, we expect next downward support will be last July low at 1.2425. On up side, psychological level at 1.25 will turn into a pivotal resistance for short-term, 1.256 behind.

Resistance: 1.25, 1.256

Support: 1.2425, 1.23

Economic Data

Dear Client,

To reflect the market volatility more precisely, VT Markets will modify the setting of the 3-days Swap of USDTRY on Oct. 18th, 2021.

The date of USDTRY’s 3-days Swap will be changed from every Wednesday to every Thursday.

This modification will be applied to all VT Markets’ servers on MT4 and MT5.

The product specification is displayed as follows:

Notice: All the specifications above are only for reference. The exact executed data might be slight changed. Please be subject to the numbers on MT4/MT5.

If you’d like more information, please don’t hesitate to contact [email protected].

Daily Market Analysis

Market Focus

US markets started the week with gloomy mood as the Dow Jones shed 0.7%, and the S&P 500 dropped 0.7% while the Nasdaq Composite dipped 0.6%. Stocks were mostly positive for most of the day, but selling pressure increased in the final hour, with the major indices closing the session at their lows.

US 10- year Treasury yield has risen above 1.6% as markets tried to digest a disappointing job data from last Friday. The majority of the markets believed that the latest job report did not change the fact that the Federal Reserve’s outlook for tapering its bond purchases later this year.

Singapore has announced to open its border to more countries for quarantine- free travel. The move has shown that the country is preparing to reach a new normal to live with coronavirus. It is significant as Singapore is one of the world’s biggest travel and finance hubs.

Main Pairs Movement:

USDJPY printed a fresh high since 2018, trading at 113.482, up 0.97% on Monday. With Japanese bond rates well anchored while the Bank of Japan continued to keep policy rates on ice, the potential fact of the US Fed’s tapering should bring the US dollar stronger, favoring higher dollar- yen rate.

EURUSD seesaw between gains and losses on Monday, trading at 1.15494. The currency pair would be mostly driven by the dollar this week as the European calender is scarce, only including a couple of ECB’s speakers.

AUDUSD traded 0.52 higher, closing at 0.73427. The Australian dollar was stronger against the dollar on Monday as it was on the back of Iron ore prices.

Gold price was consolidating on Monday, trading at $1,754. The bullion of gold was limited as markets awaited on the report of consumer spending and inflation for the days ahead of the FOMC.

Technical Analysis:

USDJPY (Daily Chart)

The Japan Yen is soaring during the New York session, trading at 113.38 as of writing, up over 1% in the day market. The risk-on environment, as witnessed by U.S. stock indices trading in the green, post gains between 0.43% and 0.86%. Also, the U.S. T-bond yields, with the 10-year benchmark note rate rising above the 1.6% threshold, exert upward pressure on the yen.

On technical side, RSI indicator show 79 figures that show overly bought sentiment in short-term. On moving average side, 15-and 60-long moving average are remaining the ascending traction.

All of all, yen has break through a critical resistance at 112 recently that we believe market will high probably tick up to higher level while it could maintain smooth momentum. One thing conccern is only by market has exaggerated bounce up in short term that we could not rule out market will have a correction.

Resistance: 114.55 (Oct. 2018 high), 118.60 (Jan. 2017 high)

Support: 112.00, 110.65, 109.15

EURUSD (4 Hour Chart)

The euro dollar pair is trading below 1.16, yet get off the lows as U.S. share indices advance and closed bond markets provide some calm, Concerns about enetgy costs, disappointing U.S. jobs figures and uncertainty about fiscal policy weighed on sentiment earlier. The ECB’s member, Lane seems reluctant to act to battle inflation.

On the technical, RSI continuing to trim the weakness to higher stage and close around 39, suggesting a bearish movement ahead. On average side, 15-long indicator has flatering a movement while 60-long remaing decending movement.

On slip side, we expect the last time low, 1.153 level, will give pair a short-term support guidance. If break down the threshold, we foresee the downside support will eye on psychological level at 1.15

Resistance: 1.161, 1.1675

Support: 1.153, 1.15

USDCAD (4 Hour Chart)

The U.S. dollar is attempting to pick up on Monday after a sharp decline observed in the previous three days. The pair has pull back from two months lows at 1.2445 although, so far, it has remained unable to poise a relevant recovery with the supported by higher oil price. Meantime, U.S. WTI has appreciated for the eight consecutive day, hitting 7 years highs.

From a technical perspective, RSI indicator rebound from over sought territory at 38 as writing, still suggesting bearish momentum in short term. On moving average indicator, 15- and 60-long indicator still retaining downside movement.

Since loonie rapidly break through a critical support at 1.25, we expect next downward support will be last July low at 1.2425. On up side, psychological level at 1.25 will turn into a pivotal resistance for short-term, 1.256 behind.

Resistance: 1.25, 1.256

Support: 1.2425, 1.23

Economic Data

Market Focus

The broad U.S. equity market closed lower on Friday’s trading, but most indices closed the week with gains. The Dow gained 0.8% over the week, the S&P 500 gained 1.2% over the week, and the Nasdaq gained 0.1% over the week. Despite the Senate passing a short-term extension to the debt limit on Thursday, market participants are still affected by the looming concerns over inflation and soaring short term U.S. treasury yields.

Cotton and oil prices have soared over the past week. Cotton have been trading at their highest levels in about a decade, while oil prices has spiked to a seven year high. Soaring commodity prices will weigh on inflation concerns. On the other hand, the U.S. 10-year yield has advanced through 1.6% during Friday, triggering bearing sentiment across markets.

This week’s economic docket is packed with important data releases from Britain and the U.S. The U.K. unemployment rate and monthly GDP will be released during Tuesday and Wednesday, respectively; meanwhile, the U.S. will be releasing CPI and PPI figures over Wednesday and Thursday, furthermore, FOMC minutes will be released on Wednesday as well.

Main Pairs Movement:

The highly-anticipated US Nonfarm Payrolls (NFP) rose by 194,000 in September, missing the market expectation of 500,000 by a wide margin. The greenback came under modest selling pressure after the report released. US dollar index posted a daily low at 93.940.

On a positive note, August’s print of 235,000 got revised higher to 366,000. Further details of the publication revealed that the Unemployment Rate declined to 4.8% from 5.2% in August, compared to analysts’ estimate of 5.1%. Additionally, the Labor Force Participation Rate edged lower to 61.6% from 61.7% and the wage inflation, as measure by the Average Hourly Earnings, rose 4.6% on a yearly basis as expected.

The mixed US data did little to the dollar’s strength. Most of the main pairs remain on the familiar levels, except for USD/CAD plummeting amid the surging oil price, and USD/JPY rising due to the so-called ‘Kishida Shock’, which refers to the Japanese new president Fumio Kishida and his redistribution policies.

XAU/USD lingered around $1750-60 almost a whole day. Though once gold price surged to $1781 right after the NFP released, it was soon back to the thin price range, trading at $1758.20 as of writing. WTI climbed nearly 1% today, once bounced off $80.00, the first time since October 2014. The 10-year US Treasury Yield rose around 2% and breached the 1.600 threshold.

Technical Analysis:

USDJPY (Daily Chart)

Fed’s looming bond taper and the resulting higher Treasury rates are the main order of market business. The USD/JPY will continue to rise as long as Treasury yields push higher. Despite the dismal September job numbers, markets remain convinced that the Fed will keep its word and begin a bond program reduction this year.

The USD/JPY is close to the top of its three year range. Except for the February and March 2020 panic spikes, and a few days in April 2019, the last time the pair spent any time above 112.00 was in the second half of 2018. The area above 112.00 has no recent technical impediments to a rise in the USD/JPY. However, on the flip side, we have an instant support for the pair at 112.00, followed by 110.65, strong resistence during July and Augest, then 109.15, robust support of the pair since June.

Resistance: 114.55 (Oct. 2018 high), 118.60 (Jan. 2017 high)

Support: 112.00, 110.65, 109.15

EURUSD (4 Hour Chart)

The euro is attempting to bounce up from 14-month lows at 1.1535 reaching session highs at 1.158 favored by a weaker than expected U.S. Nonfarm payrolls report. The pair, however, remains on the defensive, after having deprecated about 0.5% in a three-day decline. The greenback is pulling back against its main peers on Friday, weighed by a worse-than-expect in U.S. private employment as well. Furthermore, the unemployment rate declined to 4.8% from 5.2% in Aug.

On the technical, RSI continuing to trim the weakness to higher stage and close around 49, suggesting a neutral market movement ahead. On average side, 15-long indicator has turned it slide to uptrend while 60-long remaing decending movement. For MACD, the indicator keep extend it positive momentum.

On slip side, we expect the last time low, 1.153 level, will give pair a short-term support guidance. If break down the threshold, we foresee the downside support will eye on psychological level at 1.15

Resistance: 1.161, 1.1675

Support: 1.153, 1.15

USDCAD (4 Hour Chart)

Loonie plummet during the New York session, is trading at 1.2475, down 0.58% in the day market, touched lowest stage since July 30 after job report showed that the country has now recovered all of the 3 million jobs lost during the pandemic. Meanwile, the West Texas Intermediate crude oil futures hit $80 per barrel for the very first time since November 2014, whereas the U.S. 10-year Treasury yield is rising and sitting 1.6% as of writing.

From a technical perspective, RSI index has slipped into over sought territory where sitting 24.3 as of writing, suggesting overly sell off sentiment at the moment. On moving average indicator, 15- and 60-long indicator still retaining downside movement.

Since loonie rapidly break through a critical support at 1.25, we expect next downward support will be last July low at 1.2425. On up side, psychological level at 1.25 will turn into a pivotal resistance for short-term, 1.256 behind.

Resistance: 1.25, 1.256

Support: 1.2425, 1.23

Economic Data

Daily Market Analysis

Market Focus

US markets rallied on Thursday as lawmakers finally reached a deal to increase the debt ceiling in the short- term. In short, the Dow Jones jumped roughly 1%; the Nasdaq rose 1.1% while the S&P climbed 0.8%. The majority of stocks turns upside as investors temporary relieve on the news of the US will avoid an unprecedented default for now. As of now, markets await on the release of non-farm payrolls, which are scheduled on Friday.

Asian market set to open higher as China markets are going to resume after a week- long holiday, known as the golden week. In China, markets are likely to concentrate on the debt woes in its property sector and Beijing’s updated regulation, taking steps to limit monopolistic behaviors.

Elsewhere, oil prices rebounded after the US mentioned it has no plan at the moment to increase the output in order to calm rising oil prices. In the meantime, iron ore price looks to wriggle as markets see the strength amid concerns that Chinese demand is evaporating.

Main Pairs Movement:

Gold slid on Thursday, down 0.43%, after the US economy looks to gradually recover according to the jobless data on Wednesday. With the ongoing improvement in the labor market, the US Fed is likely to pace up the reduction of its monetary support soon. The price of bullion is likely to undulate from Friday’s non- farm payrolls data. As of now, gold is waiting for catalysts to move up and down.

WTI crude oil held steadily high as the energy benchmark cheered for the upbeat market sentiment. Oil price got fueled by the US Energy Department suggested that there will be no consideration as of now to release and increase the national reserves, keeping the oil supply crunch on the table.

The Japanese Yen looks to undermined against the US dollar as the US bond yields rise, which potentially reduces the interest for the haven currency. By the end of the day, USDJPY closed with 111.607, 0.19% higer.

Technical Analysis:

USDJPY (4 hour Chart)

The USD/JPY pair recovered over 30 pips from the daily swing lows and climbed to fresh daily tops, last seen around the 111.60 region during the North American session.

A combination of factors assisted the USD/JPY pair to attract some dip-buying near the 111.20 region on Thursday. The risk-on impulse in the markets was seen as a key factor that undermined the safe-haven Japanese yen and extended some support to the major. This, along with a modest pickup in the US dollar demand, provided a modest lift.

For buyers to resume the attack to 112.00 and beyond, they would need a daily close above 111.50. In case of that outcome, the next supply zone would be 112.00; on the flip side, the first support level is 111.00, followed by the September 8 high at 110.42, then at 110.00.

The RSI indicator is at 62.50, modestly bullish, suggesting the consolidation of the pair may come to an end and the uptrend resumes.

Resistance: 112.00, 114.26 (Oct. 2018 high)

Support: 111.00, 110.42, 110.00

EURUSD (4 Hour Chart)

After two consecutive days of printing red, reacing a new yearly low at 1.1528, the pair is staging a comeback, is trading at 1.1564, modestly up 0.06% in the day market, during the New York session, at the time of writing. The market mood is turning to risk-on mode, portrayed by European stock indices finishing the day with hover between 1.17% and 2.14%. Meanwhile, major US stock indices rise more than 1%, during the day. The U.S. debt-limit increase solution, although short-term relieved market nervousness.

On the technical, RSi indicator pull back from over sought territory to 35 figure, however, still suggesting a bearish sentiment at current stage. On moving average side, 15- and 60-long indicator both retaining decending movement. On the other hand, MACD is holding 0 which lack of a movement suggestion.

On slip side, we expect the last time low, 1.153 level, will give pair a short-term support guidance. If break down the threshold, we foresee the downside support will eye on psychological level at 1.15

Resistance: 1.157, 1.161, 1.1675

Support: 1.153, 1.15

USDCAD (4 Hour Chart)

Loonie break below critical support of last day and once 1.254 in the day market where is the lowest level since Sept 7. It remains near the lows with a bearish intraday bias, favored by a wearker dollar and higher crude oil price. The U.S. dollar index is down 0.09%, sitting at 94.14. Furthermore, the U.S. 10 years T-bond benchmark note is advancing where sit at 1.565% as of writing, putting the breaks on the buck’s fall against major currencies. On political side, the President of Russia, offered an increase of the natural gas supplies for Europe to deal with over spike in energy price.

From a technical perspective, RSI index fell to 34 figure, consecutive suggesting a bearish momentum ahead. On MACD side, indicator turn into negative territory, suggesting a downside movement.

For the slip way, we expecting effectively support will between 1.255 and 1.256. Moreover, if market slip below 1.255, we see next support will be 1.25. On up way, the first resistance will be psychological level at 1.26

Resistance: 1.256, 1.26, 1.2635

Support: 1.255, 1.25

Economic Data

Dear Client,

New contracts will automatically rolled-over as follows:

Please note:

• The rollover will be automatic, and any existing open positions will remain open.

• Positions that are open on the expiration date will be adjusted via a rollover charge or credit to reflect the price difference between the expiring and new contracts.

• To avoid CFD rollovers, clients can choose to close any open CFD positions prior to the expiration date.

• Clients should ensure that take profits and stop losses are adjusted before this rollover occurs.

If you have any questions, our team will be happy to answer your questions.Please mail to [email protected] 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 ” .

Please note the specific adjustments as follows:

Note: The above data is for reference only, the actual execution data may be changed, please refer to the MT4 software for details.

If you’d like more information, please don’t hesitate to contact [email protected].

Dear Client,

VT Markets holds the spirit of dedicating ourselves to providing the most competitive trading environment in this industry. As the risk of trading CHF pairs gradually stabilizes, VT Markets will raise the leverage range of CHF pairs on Oct. 11, 2021.

The exact change is displayed as follows:

Kindly be reminded that the margin ratio will increase proportionally while the margin requirement of CHF pairs will reduce by five times after this change. This change will make trading accounts be with more available funds and trading spaces.

If you’d like more information, please don’t hesitate to contact [email protected].

Daily Market Analysis

Market Focus

Major indices rebounded on Tuesday following a major sell- out in the technology- centered market in the previous session. The Dow Jones rebounded 0.92%. The S&P500 climbed 1.05% while the Nasdaq rallied 1.25%, led by advances in mega- cap technology companies. However, the 10- year yield surged to 1.53%. Investors awaited the latest job data later this week, following the signal on the Federal Reserve’s next move.

The US Treasury Secretary Janet Yellen said that the economy would fall into a recession if Congress ends up failing to raise the debt ceiling before a default on the US debt. In the meanwhile, President Biden also calls on Congress to raise the ceiling this week in order to avoid the catastrophe to not pay the government’s bill. While the US has never failed to pay the bills on time, a default will have a high possibility to result in a jump in interest rates and a damage in Washington’s ability to fulfill its future obligations on time.

Oil price continues to surge, hitting multi- year highs as OPEC+ sticks to its original output plan. Early this week, OPEC+ agreed to adhere to its pact in July, rather than raising the output in the further. As a result, the fuel market is likely to be undersupplied for the next couple of months.

Main Pairs Movement:

The Japanese Yen is testing its downside a US stocks recovered and the US yields climbed as investors conern over inflation. USDJPY is trading above 111.00 level with eye on 112 region, where selling pressure is also prone to emerge.

GBPUSD climbed higher, approaching 1.3650. After dipping last week, the pound rebounded as the markets seem to have shifted the focus from the fuel shortage to the impact of the Bank of England, whether it will lead the major central banks on hiking rates.

Gold declined, trading at $1759 as the Treasury yields edged higher after US data from last week boosted optimism about the economic recovery. In the meanwhile, the decline in gold also came from the dollar rebound, pressuring bullion, which did not earn interest.

Technical Analysis:

GBPJPY (Daily Chart)

GBP/JPY has breached both the 200-DMA at 150.18 and the 50-DMA at 151.36, once bounced off the 152.00 price level, and trading at 151.90 as of writing.

If the GBP/JPY buyers would like to resume the uptrend, they would need a daily close above 152.00. in case of that outcome, it could pave the way for further gains. The first resistance level would be 152.55, the key supply zones with the confluence of the September 28 high and the 100-DMA. A breach of that level would expose the July’s top 153.50, followed by the yearly top 156.08.

On the other hand, a retreat heading to the 50-DMA could exert downward pressure in the cross-currency. The first support level would be the 50-DMA 151.30. A daily close below that level could push the price towards the 200-DMA at 150.18, immediately followed by October’s first low at 149.22.

Both RSI indicator and MACD histogram are above the middle line, supporting the upside bias, but caution is warranted as the negative macro impact looms.

Resistance: 152.55, 153.50, 156.08

Support: 151.30, 150.18, 149.22

EURUSD (4 Hour Chart)

The euro fiber pair retreated from its Monday gains, is sliding during the U.S. session, down 0.22%, trading at 1.1598 as of writing. During the day, the pair bottomed at 1.158 but bounced back on slightly greenback weakness. The U.S. dollar index is advancing 0.18% hover around 93.98, underpinned by higher U.S. 10 years Treasury yields, sitting at 1.534%.

From a technical perspective, RSI index slightly sliding to 42.8, suggesting a weakeness guidance in further market. On MACD side, indicator continuing to converge to zero horizontal.

On price action, we expect the first barricade ahead of is 1.1645, following a strong resistance at 1.168 for upside way. On contrast, we expect the immediately support will set at 1.1564 and psychological support at 1.15 follow behind. All of all, we foresee market will choppy between 1.1564 and 1.1645 consolidation channel.

Resistance: 1.1612, 1.1645, 1.168

Support: 1.1564, 1.15

USDCAD (4 Hour Chart)

Loonie was falling in the New York session, trading below 1.26, down over 0.24% in the day market at the time of writing. The market sentiment has improved throughout the day. European and U.S. shares indices are advancing between 0.8% and 1.56%, whereas Asian stocks ended the day with losses except for the Hang Seng. Meanwhile, WTI is edging higher for the fifth consecutive day, trading at $78.95 which breached seven year-highs, up almost 2%.

From a technical perspective, RSI index shows 36.7 figure which slightly improve bearish momentum, still suggesting bear movement ahead. On the other hands, MACD shows another downside guidance where figure successive print negative figure as of writing.

For the slip way, it seem doesn’t have to much downside support level where last support at 1.256, expecting effectively support will between 1.255 and 1.256. On up way, the first resistance will be psychological level at 1.26

Resistance: 1.26, 1.2638

Support: 1.256

Economic Data