Daily trading market analysis

Release Time: 10:00 AM, March 18, 2025

Issuer: Mr. Leon

MARKET OVERVIEW

1. Stock Market:

• Vietnam Market: The market continues its recovery efforts. Liquidity has decreased but remains good, indicating reduced profit-taking pressure and supporting cash flow. The recovery candle is positive, with the closing price higher than the high price on March 14, 2025, supporting the market's move towards the 1,340 – 1,350 point range. However, the supply and demand dynamics at this resistance area will determine the next trend.
• US Market: The US stock market recovered during the March 17, 2025 session, with the Dow Jones up 0.9%, the S&P 500 up 0.6%, and the Nasdaq up 0.3%. Despite weak retail sales, renewed buying helped the market maintain its green color. Investors are focusing on the Fed's upcoming interest rate decision, which is expected to have a major impact on the next trend. Year-to-date, the S&P 500 is down 3.5% and the Nasdaq is down 7.8%, indicating that correction pressure remains.

2. Foreign Exchange:

• USD/JPY: Maintains its uptrend; however, new buy positions opened today would be risky, so wait for a correction.
• EUR: Shows signs of reversing into a downtrend; however, wait for price confirmation of the decline; trading opportunities may arise tomorrow.

3. Gold:

• Gold prices stabilized on Monday (March 17), fluctuating around the $3,000/oz level that was broken last week, with focus on trade tariff policies and the US Federal Reserve (Fed) policy meeting.
• At the end of the March 17 trading session, the spot gold contract rose 0.4% to $2,997.51/oz, after reaching a record high of $3,004.86/oz on March 14.

4. Oil:

• XTI/USD: Maintains its uptrend; buy positions can be entered today, support area.

5. Bitcoin:

• The world's largest cryptocurrency fell 1.6% to $83,191.20 at 01:57 ET (05:57 GMT). The coin has lost more than 1% in the past week.

PLAN OVERVIEW

1. XTI/USD:

• Trend: Uptrend
• Recommendation: Buy at 67.83, stop loss: 67.53, take profit: 68.43
  

2. BTC:

• Trend: Recovery
• Recommendation: Buy at 79-80, stop loss 78, take profit 85-90
  

TODAY'S NOTABLE EVENTS:

• 7:30 PM - Canada: CPI m/m
  • Average CPI y/y
  • Trimmed CPI y/y

DISCLAIMER:

• The above opinions represent the personal views of Leon, 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.