News

MARKET OVERVIEW

1. Stock Market:

Vietnam Market: The market continued to correct after being strongly resisted at the 1,770-point region. The reduced liquidity indicates cautious capital flow ahead of correction risks. Although the VN-Index has retreated near the 1,700-point support zone, the bottom-fishing reaction has not been clear, suggesting a high probability of further correction in the next session. This development could pull the index back to 1,700 points or even test the MA50 area around 1,680 points if the VIC group continues to pressure the market. However, the current correction is a rebalancing phase, and the market still has an opportunity to recover after this process is completed.

US Market: The US market rose significantly following the Federal Reserve's interest rate cut decision, reflecting optimistic investor sentiment. Specifically, the Dow Jones increased by approximately 497 points (+~1%) to ~48,057.75, the S&P 500 rose by ~0.7% to 6,886.68, and the Nasdaq Composite increased by ~0.3% to 23,654.16 — with the S&P 500 closing just shy of the October 2025 all-time high. The Fed's 25 basis point cut is viewed as supportive of the short-term uptrend, but capital flow remains cautious, awaiting further macro data.

2. Foreign Exchange (Forex):

EUR/USD: The primary trend is bullish (upward). Daily resistance is at 1.17100, and daily support is at 1.16600. A buy position can be entered when the price breaks above the daily resistance zone.

NZD/USD: The primary trend is bullish (upward). Daily resistance is at 0.58300, and daily support is at 0.57800. A buy position can be entered when the price breaks above the daily resistance zone.

3. Gold:

The price made a strong breakout to $4,233, officially piercing the descending trendline (the blue line) that had held the price back for a long time.

Buying momentum is very strong; however, the price is currently touching a short-term resistance zone. If it holds above $4,230, the Bulls will open the door wide toward the previous peak.

4. Oil:

XTI/USD: The primary trend is bearish (downward). Daily resistance is at 59.00, and daily support is at 57.80. A sell position can be entered when the price breaks below the daily support zone.

5. Crypto: BTC

Conversely, BTC is experiencing strong sell-offs, dropping back to the $90,314 region, wiping out yesterday's euphoric gains.

The Stochastic indicator has hit the bottom (oversold) but shows no signs of turning up. The $90,000 region is currently the last line of defense; if this level is breached, panic sentiment could push the price to slide even deeper.

ACTION PLAN ASSESSMENT

NZD/USD:

Sell Stop at 0.66200, Stop Loss 0.66900, Take Profit 0.64800

GOLD:

Buy at 4217, Stop Loss 4199, Take Profit 4263

TODAY'S NOTABLE EVENTS

Afternoon - Evening

3:30 PM (pm)

(Switzerland): Swiss National Bank (SNB) Monetary Policy Assessment.

(Switzerland): SNB Policy Rate Announcement.

Current/Forecast: 0.00%

Previous: 0.00%

4:00 PM (pm)

(Switzerland): SNB Press Conference (Tentative).

5:00 PM (pm)

(UK): Bank of England (BOE) Governor Bailey Speaks.

(UK): BOE Governor Bailey Speaks (Second Time).

8:30 PM (pm)

(US): Initial Unemployment Claims data release.

Forecast: 220K (220 thousand people)

Actual/Previous: 191K (191 thousand people)

DISCLAIMER

The above analysis represents the personal view of analyst Loki from Lotus only and should not be used as a basis for actual market participation.

Lotus only provides technical trading analysis and offers trading knowledge training to its students.

Lotus does not represent any securities company or asset management company.

Lotus does not accept money management from students.