News

Release Time: 10:00, March 10, 2026 Issuer: Mr. Leon

MARKET OVERVIEW

1. Stock Market:

• Vietnam Market: The market continued to drop sharply, breaking the 1,750–1,700 support zones with increasing liquidity, indicating that selling pressure is dominating. The rapid decline has pushed the index close to the MA(200) zone around 1,630 points, and the risk of breaking this support remains due to strong downward momentum. The next support zone is identified around 1,550–1,600 points, where buying demand could be triggered to create a short-term technical recovery.

• US Market: In the March 09 session, Wall Street recorded divergent and cautious movements as investors awaited inflation data and policy signals from the Fed. The S&P 500 fluctuated around ~6,930 points, while the Dow Jones maintained above the 50,100 mark and the Nasdaq Composite hovered around ~23,200 points, thanks to returning buying power in the tech and AI sectors. However, the market still faces profit-taking pressure as the psychological 7,000 mark of the S&P 500 continues to act as a strong resistance zone.

2. Forex:

• GBP/USD: Dominant trend is Bearish. Daily resistance: 1.13400; Daily support: 1.33000. Consider Short positions if the price breaks the daily support zone.

• USD/CHF: Dominant trend is Bullish. Daily resistance: 0.78400; Daily support: 0.77800. Consider Long positions if the price breaks the daily resistance zone.

3. Gold:

• Price Structure: Following a deep drop that broke the old base zones, Gold is experiencing a technical Relief Rally from the bottom and is currently trading around the $5,173 mark. However, the overall structure on the H1 timeframe remains under downward pressure. The price is currently trapped between the fast MA line (dynamic support below) and the slow MA cluster (dynamic resistance above).

• Momentum: The Triple Stochastic indicator is perfectly reflecting this recovery phase, as the signal lines have crossed up strongly from the Oversold zone and are heading straight toward the 80 level.

4. Oil:

• Price Structure: The Oil chart shows that the previous Blow-off top momentum has been completely erased. Panic selling forced the price to freefall from the peak above $114 down to the $83 zone before stalling. Currently, Oil is attempting to stop the bleeding and consolidating sideways around the $87.18 mark.

• Momentum: A positive signal is that the Triple Stochastic has successfully formed a bottom in the oversold zone and is crossing up strongly, demonstrating that selling power has been exhausted in the short term.

5. Bitcoin:

• Price Structure: BTC had a harsh Wash-out to the $65,000 zone before bottom-fishing cash flow pushed the price to bounce back vertically to the $70,172 mark. The price has crossed above the fast MA line and is currently attacking the slow MA cluster.

• Momentum: The price explosion has pulled the Triple Stochastic straight from the bottom to the absolute ceiling of the extreme Overbought zone (around the 81-84 levels).

RECOMMENDATIONS:

1. USoil:

• Buy Entry: 86.700

• Stop Loss: 76.543

• Take Profit: 107.000
  

2. GBP/USD:

• Sell Entry: 1.34212

• Stop Loss: 1.34938

• Take Profit: 1.32694
  

NOTABLE EVENTS TODAY: No significant news.

DISCLAIMER:

• The above analysis represents the personal views of analyst Leon from Lotus and does not constitute 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 firm.

• Lotus does not accept capital management for students.