Daily trading market analysis

Release Time: 10:00 AM, March 17, 2025

Issuer: Mr. Leon

MARKET OVERVIEW

1. Stock Market:

• Vietnam Market: The market has not fully recovered and is still under profit-taking pressure despite supporting cash flow. Liquidity has decreased compared to the previous session but remains high, indicating strong contention. Current signals may pose difficulties in subsequent sessions; however, this correction may only be a rebalancing and attract cash flow for the next upward wave. The market is expected to find support when it retreats to the 1,315 – 1,320 point range, creating an opportunity for recovery.
• US Market: On March 14, all three indexes rebounded strongly: the Dow Jones rose 1.65%, the S&P 500 rose 2.13%, and the Nasdaq rose 2.61%. This trend shows that the market is still under pressure but has supporting buying power, while investors await the Fed's decision on interest rates.

2. Foreign Exchange:

• USD/JPY: Has bottomed out and is trending upward again; buy positions can be entered this week. Support area: 148.30.
• EUR/USD: Has peaked and is trending downward; however, confirmation of a strong downward move is needed.

Gold:

• RBC's 2025 gold price forecast indicates that the current price, around $2,900/ounce, is neutral compared to the forecast. However, potential risks and the possibility of sharp interest rate cuts in 2025 are not factored into these estimates.

3. Oil:

• XTIUSD has accumulated support and is trending upward in the short term; buy positions can be entered this week.

4. Bitcoin:

• Bitcoin continued to decline on Friday, heading for a nearly 5% drop this week, affected by the escalating trade war due to US President Donald Trump's tariff decisions, while investors are also cautious ahead of the Federal Reserve (Fed) meeting next week.

PLAN OVERVIEW

1. USD/JPY:

• Trend: Uptrend
• Recommendation: Buy at 148.5, stop loss 148.2, take profit 149.1
  

2. Vietnam Stocks: DSE

• Trend: Uptrend
• Recommendation: BUY DSE (March 17, 2025), entry price 24,200 - 24,900 VND, target 1: 26,500 VND, target 2: 28,000 VND, stop loss 23,800 VND.
  

3. Oil:

• Trend: Recovery
• Recommendation: Buy at 66, stop loss: 64.5, take profit 68-72-80
  

TODAY'S NOTABLE EVENTS:

• 6:00 PM - EUR: German Buba Monthly Report
• 7:00 PM - USD - Core Retail Sales m/m
• 9:00 PM - USD: Business Inventories m/m

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.