Release Time: 10:00 AM, April 28, 2025
Released by: Mr. Leon
MARKET OVERVIEW
Stock Market:
Vietnam Market: The market continues to be supported by the Dragonfly Doji candlestick signal on April 22, 2025, with slightly improved liquidity indicating sustained positive cash flow. Although there may be fluctuations around the MA(20) level at 1,227 points, the market is striving to break through, and supportive candlestick signals are fueling expectations of a recovery trend in the near term.
US Market: On April 25, the US market showed a strong recovery, particularly in the tech sector, with Nasdaq up 1.3%, S&P 500 up 0.7%, and Dow Jones slightly up 0.1%. The rally was driven by positive earnings reports from Alphabet and Nvidia, along with expectations of stable monetary policy. However, weakening consumer sentiment and trade uncertainties remain key risks to monitor.
Forex:
EUR/USD: Dominant downtrend. Today, short positions can be considered, with resistance at 1.13637.
USD/JPY: Dominant uptrend. Today, long positions can be considered, with support at 143.550.
Gold:
Spot gold is currently trading at $3,314.47/ounce, up slightly from last week’s close.
Oil:
XTI/USD: Dominant uptrend. Today, long positions can be considered, with support at 62.00.
Bitcoin:
As of 09:30 AM, Bitcoin is trading around $93,653.58/BTC, down 0.97% in the past 24 hours.
TRADING PLAN
EUR/USD
Trend: Bearish
Recommendation: Sell at 1.13505, stop loss: 1.13705, take profit: 1.13105
ETH
Trend: Bullish
Recommendation: Buy at 1625, stop loss: 1585, take profit: 1780-1859-1971
KEY EVENTS TODAY:
14:05 – EUR: Spain’s unemployment rate
DISCLAIMER
· The above analysis represents the personal views of analyst Leon from Lotus and should not be considered as a basis for actual market participation.
· Lotus provides only technical trading analysis and trading education for trainees.
· Lotus does not represent any securities company or asset management firm.
· Lotus does not manage clients’ funds.