Daily trading market analysis

Release Time: 10:00 AM, March 7, 2025

Issuer: Mr. Leon

MARKET OVERVIEW

1. Stock Market:

· Vietnam Market: The market recovered, testing the 1,310 - 1,320 point range with increased liquidity, indicating the return of supporting cash flow. Although it has not yet surpassed 1,320 points, the market's foundation has improved, creating opportunities for further gains. If this threshold is crossed with good liquidity, the market could extend its upward momentum.

· US Market: The US stock market fell sharply due to concerns about tariffs and economic recession. The S&P 500 index fell by 1.8%, the Dow Jones lost 427 points (1%), and the Nasdaq fell by 2.6%, officially entering a correction zone with a drop of more than 10% from its recent peak. Technology and semiconductor stocks such as Marvell Technology, Nvidia, and Broadcom fell sharply, while retailers such as Macy's and Victoria's Secret also faced pressure due to poor business results.

2. Foreign Exchange:

· EURUSD: Yesterday showed signs of stagnation after a period of price increases from the beginning of the week; today, a short position may be entered.

· AUDUSD: Today, early in the day, showed a price decrease; we can enter a sell position during the day.

Gold:

· At the end of the trading session on March 6, the spot gold contract fell by 0.1% to $2,915.83/oz, after rising for the previous three sessions. The near-term gold futures contract remained almost unchanged at $2,926.6/oz.

3. Oil:

· The downtrend remains strong; however, yesterday, oil prices paused at a strong support area. Today, oil will tend to increase in the short term.

4. Bitcoin:

· This morning, March 7, 2025, Bitcoin fell by 6% to $84,864.3 after the reserve announcement.

PLAN OVERVIEW

1. EUR/USD

· Trend: Short-term downtrend

· Strategy: Sell at the price of: 1.07952, stop loss 1.08352, take profit 1.07152

2. Vietnam Stocks: KBC

· Trend: Uptrend

· Recommendation: BUY KBC (March 7, 2025), entry price 30,100 - 30,600 VND, target 1: 33,300 VND, target 2: 36,300 VND, stop loss 28,800 VND.

3. Gold

· Trend: Short-term uptrend

· Recommendation: Buy at the price of 2900, stop loss: 2890, take profit 2915-2940

· Contingency: Sell when the support of 2890 is broken, stop loss 2911, take profit 2880-2870

TODAY'S NOTABLE EVENTS:

-20:00-Canada: -Employment Change

                          -Unemployment rate

           -USD:-Non-Farm Employment change
                      -Unemployment rate

DISCLAIMER:

· The above opinions represent the personal views of Tony, an analyst from Lotus, and are not a basis for actual market participation.

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

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

· Lotus does not manage student funds.