Daily trading market analysis

Release Time: 10:00 AM on March 10, 2025

Publisher: Mr. Tony

MARKET OVERVIEW

1. Stock Market:

   • Vietnam Market: The market has surpassed the 1,320-point threshold and recorded a new high. Liquidity has decreased but remains relatively high. The market continues to maintain an upward trend, potentially experiencing strong fluctuations this week but still has opportunities to be supported and aim for the 1,350-point zone.

   • US Market: The US stock market on March 7 saw gains with the Dow Jones +0.52%, S&P 500 +0.55%, and Nasdaq +0.70%. However, the overall weekly performance declined due to concerns about tariff policies and economic recession.

2. Forex:

   • USD/CAD: A short-term upward trend has emerged, and this week presents an opportunity to participate in buying. Support zone: 1.43200.

   • USD/JPY: A short-term bottom has formed, and the pair is consolidating. This week, watch for signs of a breakout from the consolidation structure to participate in trading.

   • AUD/USD: The pair is in an upward trend. If the price breaks 0.63200, consider buying. Support zone: 0.63000.

3. Gold:
   Gold prices on the international market closed the trading week at $2,911/ounce,upmorethan$50/ounce (approximately 1.5 million VND/tael) compared to the end of last week. Gold prices recovered after a sharp decline last week amid increasing demand for safe-haven assets.

4. Oil:
   The dominant trend remains downward, breaking the previous support level of 67.3. Long-term traders can consider short positions, while short-term traders should limit trading XTI/USD at this time.

5. Bitcoin:
   Last week saw significant volatility, with a 7.5% drop yesterday from $86,500to$80,000. The $80,000 level is a strong support zone. The short-term trend indicates that BTC is in a downward trend with wide fluctuations. To avoid risks, limit trading during this period.

TRADING PLAN ASSESSMENT

1. USD/CAD

   • Trend: Upward

   • Recommendation: Buy at 0.63200, Stop Loss: 0.63000, Take Profit: 0.63600

   • 

2. Gold

   • Trend: Upward

   • Recommendation: Buy at 2908, Stop Loss: 2901, Take Profit: 2928-2940

   • 

3. Vietnam Stock: ACB

   • Recommendation: Entry price: 26,300 - 26,700 VND, Stop Loss: 24,400 VND, Take Profit 1: 28,500 VND, Take Profit 2: 31,000 VND

   • 

NOTABLE EVENTS TODAY

• All Day - EUR - Eurogroup Meeting

DISCLAIMER

• The above analysis represents the personal views of analyst Tony from Lotus and should not be considered a basis for actual market participation.

• Lotus only provides technical trading analysis and trading knowledge training for students.

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

• Lotus does not manage students' funds.