Gold continues to reach new highs, a golden opportunity for Vietnam's stock market.

Release Time: 10:00 AM, March 28, 2025

Issuer: Ms. Jenny

MARKET OVERVIEW

1. Stock Market:

  • Vietnam Market: The market continues to decline with weakening liquidity, reflecting cautious money flow, while foreign selling pressure has eased. The MA(20) level still acts as support, helping the market consolidate after a recent uptrend. The market may become short-term oversold but is expected to find support at the 1,315 – 1,320 zone and recover.

  • U.S. Market: On March 27, 2025, U.S. stocks declined due to concerns over new tariffs on imported cars. The S&P 500 fell 0.3% to 5,693.31, the Dow Jones lost 0.4% to 42,299.70, and the Nasdaq dropped 0.5% to 17,804.03. GM shares fell over 7%, while Ford lost nearly 4%, whereas Tesla gained 0.4%. Year-to-date, the S&P 500 is down 3.2%, the Dow Jones has lost 0.6%, and the Nasdaq has declined 7.8%, reflecting investors' caution toward new trade policies.

2. Forex:

  • AUD/USD: Moving sideways within a narrow range; waiting for a breakout before trading.

  • USD/JPY: Expected to adjust lower today despite the overall uptrend; trading should be limited.

3. Gold:

  • Spot gold is currently at $3,067 per ounce, up $28.5 from the previous session.

  • June 2025 gold futures on the Comex New York exchange reached $3,110 per ounce.

4. Oil:

  • XTI/USD: The uptrend is slowing down; trading should be limited today.

5. Crypto:

  • Bitcoin's current price is $87,224, down $400 (0.456%) from the previous session. Over the past 24 hours, Bitcoin has fluctuated between $85,856 and $87,781.

MARKET OUTLOOK & STRATEGY

1. Vietnam Stocks:

Investors should monitor money flow at support levels to assess recovery potential. Market corrections may provide opportunities to buy stocks with strong uptrends. Meanwhile, consider taking profits or reducing exposure to stocks that have surged rapidly to optimize capital allocation.

2. Bitcoin:

  • Trend: Bullish  Recommendation: Buy at $86,800 - $87,000  Stop-loss: $86,400 Take-profit targets: $87,800 - $88,200 - $90,000

KEY EVENTS TODAY

  • 6:30 AM - JPY - Tokyo Core CPI y/y

  • 2:00 PM - GBP - Retail Sales m/m

  • 3:00 PM - EUR - Spain Flash CPI y/y

  • 7:30 PM - USD - Core PCE Price Index m/m

  • 9:00 PM - USD - Revised UoM Consumer Sentiment

 

DISCLAIMER

  • The above analysis represents the personal views of analyst Jenny from Lotus and should not be considered as actual market investment advice.

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

  • Lotus does not represent any brokerage firm or asset management company.

  • Lotus does not manage students’ funds.