Financial Market Overview on March 24, 2025: Stocks, Gold, Oil & Crypto

Release Time: 10:00 AM, March 2025

Issuer: Ms. Jenny

MARKET OVERVIEW

1. Stock Market

Vietnam Market:

The market continues to adjust with a small base, testing the 1,320-point support area near MA(20). Liquidity declines, funds remain cautious, and investors take a wait-and-see approach amid ETF restructuring, but supply has also cooled down. Despite its weak performance, the market is still supported at 1,320 points, successfully testing MA(20), signaling a potential recovery and a challenge to the 1,340 – 1,350 resistance zone. Supply and demand in this period will significantly impact market trends.

US Market:

Last Friday (March 21, 2025), the US stock market showed a slight recovery after four consecutive weeks of decline. The S&P 500 rose 0.08% to 5,667.56 points, the Nasdaq increased 0.52% to 17,784.05 points, and the Dow Jones climbed 0.08% to 41,985.35 points. Despite these gains, concerns over the economy, inflation, and trade tensions continue to pressure investors, making them more cautious.

2. Foreign Exchange (Forex)

  • AUD/USD: Maintains a downtrend, but an upward correction may occur today. A short-term buy position could be considered. Daily support level: 0.62814
  • USD/JPY: Strong uptrend, but currently facing short-term resistance. Trading should be limited today.

3. Gold (XAU/USD)

On the international market, gold prices have experienced some fluctuations but generally remain above $3,000 per ounce. This indicates that the bullish trend has not shown signs of significant weakening at this time.

4. Oil (XTI/USD)

Oil prices remain in a sideways consolidation phase. In the short term, a downward trend is observed. Selling positions could be considered today. Daily resistance level: $68.43

5. Cryptocurrency

The global Bitcoin market showed signs of recovery on Sunday, March 23, surpassing the $86,000 level after a consolidation phase. However, uncertainty still dominates the crypto market, with mixed opinions on the next price movement.

MARKET OUTLOOK & TRADING PLAN

1. XAU/USD (Gold)

  • Trend: Bullish
  • Recommendation: Buy if the $3,037 support level is broken.
  • Stop-loss: $3,023
  • Take-profit: $3,057 - $3,080

KEY EVENTS TODAY

  • 3:15 PM - EUR (Euro) - France Flash PMI (Manufacturing & Services)
  • 3:30 PM - EUR (Euro) - Germany Flash PMI (Manufacturing & Services)
  • 4:00 PM - EUR (Euro) - Eurozone Flash PMI (Manufacturing & Services)
  • 4:30 PM - GBP (British Pound) - UK Flash PMI (Manufacturing & Services)
  • 8:45 PM - USD (US Dollar) - US Flash PMI (Manufacturing & Services)

DISCLAIMER

  • The above analysis represents the personal opinions of analyst Jenny from Lotus and is not a basis for actual market participation.
  • Lotus only provides trading technical analysis and educational training for students.
  • Lotus does not represent any securities or asset management companies.
  • Lotus does not manage students' funds.