Daily trading market analysis

Release Time: 10:00 AM, April 11, 2025
Publisher: Ms. Jenny

MARKET OVERVIEW

1. Stock Market:

• Vietnam Market: The market surged strongly, supported around the 1,080-point level—close to the old bottom trendline. Strong cash flow dominated while supply was limited, with many stocks hitting the ceiling. The recovery trend is gaining momentum, and the market is expected to test the 1,230-point resistance. Liquidity may increase, leading to a tug-of-war in this area.

• U.S. Market: On April 10, 2025, the U.S. stock market experienced a sharp decline due to concerns over escalating U.S.-China trade tensions after former President Trump announced an increase in import tariffs. The Dow Jones dropped more than 1,000 points, the S&P 500 fell 3.5%, and the Nasdaq plunged 4.3%. The sell-off pressure spread broadly, especially in the tech sector.

2. Forex

• AUD/USD: The uptrend remains intact. Long positions can be considered today. Daily support area: 0.61815

• EUR/USD: The uptrend is also continuing, but it's advisable to wait for price pullbacks to lower levels before entering long positions. Trading should be limited today.

3. Gold:

Spot gold price reached $3,186/ounce, up $86 from the previous session’s low of $3,100/ounce.

4. Oil:

XTI/USD: The downtrend continues. Short positions can be considered today. Daily resistance at 60.00.

5. Crypto:

The current price of Bitcoin is $80,509.20, up 1.20% compared to 24 hours ago. Over the past 24 hours, the price ranged from $78,456.13 to $82,525.76.

STRATEGIC OUTLOOK

1. Vietnam Stocks:
   Investors may expect the recovery momentum to continue and can take advantage of the rally to take profits or restructure portfolios. For new long positions, it's crucial to select fundamentally strong stocks and avoid chasing prices during market fluctuations.

2. XTI/USD:

• Trend: Bearish

• Recommendation: Sell at 59.35

• Stop-loss: 60.69

• Take-profit: 55.80

3. BTC:

• Trend: Bullish

• Buy at: 80,000

• Stop-loss: 78,000

• Take-profit: 84,000 – 86,000

KEY EVENTS TODAY

• 12:01 AM – USD – 30-Year Bond Auction

• 1:00 PM – GBP – Monthly GDP

• (Time Unconfirmed) – CNY – New Loans

• 7:30 PM – USD – Core PPI (MoM)

• 7:30 PM – USD – PPI (MoM)

• 9:00 PM – USD – Preliminary Consumer Sentiment (University of Michigan)

• 9:00 PM – USD – Preliminary Inflation Expectations (University of Michigan)

DISCLAIMER

• The above analysis reflects the personal opinion of analyst Jenny from Lotus and should not be used as a basis for real-world trading.

• Lotus only provides technical analysis and trading knowledge for educational purposes.

• Lotus is not affiliated with any securities firm or asset management company.

• Lotus does not manage clients' funds.