Daily trading market analysis

MARKET OVERVIEW REPORT

Release Time: 10:00 AM, March 14, 2025

Publisher: Ms. Jenny

MARKET OVERVIEW

1. Stock Market

• Vietnam Market: The market corrected after the Shooting Star signal, with increased profit-taking pressure. This correction is seen as a rebalancing phase, with the support range of 1,315 – 1,320 points, potentially attracting cash flow and creating a recovery opportunity.

• US Market: On March 13, the US market experienced a sharp decline due to trade war concerns. The S&P 500 lost 1.39%, Dow Jones dropped 537 points, and Nasdaq fell 1.96%. Investors turned cautious, shifting capital into gold, pushing its price close to $3,000/oz.

2. Forex

• USD/JPY shows signs of strengthening alongside the DXY recovery, suggesting buying opportunities today.
• GBP/USD indicates short-term bearish signals, with potential selling opportunities today.

3. Gold

Spot gold rose 0.4% to $2,945.18/ounce, while April gold futures increased 0.2% to $2,953.62/ounce at 00:56 ET (04:56 GMT). The US Consumer Price Index (CPI) for February increased by 0.2%, bringing annual inflation to 2.8%, lower than the forecast of 2.9% and down from 3.0% in January.

4. Oil

After Wednesday’s increase and Thursday’s decline, XTI/USD remains in an overall uptrend. However, trading oil on Friday is limited due to high costs.

5. Bitcoin

Bitcoin rose 1.8% to $83,511.6 at 01:27 ET (05:27 GMT). The cryptocurrency’s recovery was not strongly supported by the overnight rise in US stocks, despite lower-than-expected US CPI data.

TRADING STRATEGY RECOMMENDATIONS

1. BTC: Buy at $80,000 - $81,000, stop loss at $79,000, take profit at $86,000 - $90,000.

2. Vietnamese Stock VCG: Buy at 19,800 - 20,000 VND, target 1 at 22,500 VND, target 2 at 25,000 VND, stop loss at 18,900 VND.

3. USD/JPY: Buy at 148.100, stop loss at 147.800, take profit at 148.500.

KEY EVENTS TODAY

14:00 - GBP - Monthly GDP
21:00 - USD - Preliminary UoM Consumer Sentiment
21:00 - USD - Preliminary UoM Inflation Expectations

DISCLAIMER

• The above analysis represents only the personal opinion of analyst Jenny from Lotus and should not be considered a basis for actual market participation.
• Lotus provides only trading technical analysis and trading knowledge training for students.
• Lotus does not represent any securities company or asset management firm.
• Lotus does not manage students' funds.