News

Release Time: 10:00, August 8, 2025
Published by: Mr. Leon

MARKET OVERVIEW

1. Stock Market:

• Vietnam Stock Market:
  The market continues its upward trend but faces significant resistance around the 1,585-point level – a zone that triggered a sharp reversal on August 5. Although liquidity has increased, the tug-of-war between buyers and sellers shows that the bullish momentum is not yet convincing. This level is likely to remain a battleground in upcoming sessions.

• US Stock Market:
  The Nasdaq Composite rose by +0.3%, closing at 21,242.70 – marking its 17th record close of the year. The S&P 500 lost 0.1%, closing at 6,340, while the Dow Jones dropped 0.5% to 43,968.64. President Trump’s new tariffs are creating short-term pressure, although capital continues to flow into the tech sector – particularly Apple, with a $100 billion manufacturing investment pledge – helping the Nasdaq maintain momentum.

2. Forex:

• EUR/USD is in an uptrend. Long positions are favorable today. Support at 1.15900.

• AUD/JPY is also in an uptrend. Buying opportunities today. Support at 95.700.

3. Gold:

• Gold is trading around $3,394.59/oz, up approximately +0.66% from the previous day (from $3,372.29).

• Current price: $3,388.66/oz, a slight decrease of −0.19%, but still up about 2.3% this month and nearly 39.4% YTD.

• Summary: Gold maintains a mild short-term uptrend, staying within the $3,380–$3,395/oz range.

4. Oil:

• XTI/USD remains in a bearish trend. Today, selling positions are favored. Resistance at 65.50.

5. Bitcoin:

• Current price: ~$116,774, up around +2.06% from the previous day. Intraday range: 114,314 – 117,596 USD.

• Market chart shows BTC closed last week at around $115,417, still moving in a correction-uptrend channel. Price may aim for the next resistance level.

RECOMMENDATIONS:

1. EUR/USD

• Trend: Uptrend

• Buy at 1.15899, Stop Loss: 1.15249, Take Profit: 1.17199
  

2. Vietnam Stock – POW

• Recommendation: BUY POW (08/08/2025)

• Entry price: 14,500 – 14,900 VND

• Target 1: 15,800 VND, Target 2: 17,000 VND

• Stop Loss: 13,900 VND
  

KEY EVENT TODAY:

DISCLAIMER:

• The above analysis represents the personal viewpoint of analyst Leon from Lotus and is not an investment advice or trading recommendation.

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

• Lotus is not affiliated with any securities firm or asset management company.

• Lotus does not manage student funds.