Gold reverses downward, approaching the 3300 level.

Release Time: 10:00 AM, June 10, 2025
Publisher: Mr. Tony

MARKET OVERVIEW

1. Stock Market

Vietnam Market:
The market continues to weaken, dropping below the 20-day moving average around the 1,322-point area. Low liquidity indicates that supply pressure remains dominant while supporting capital inflows are still cautious. Technical signals suggest that the downtrend may continue in the short term. However, this is seen as a technical correction phase to find a balance zone after the recent rally, with the next support level around 1,290 points.

U.S. Market:
On June 9, U.S. stocks rose slightly, led by technology and semiconductor stocks. The Nasdaq gained 0.3% to 19,591.24, the S&P 500 edged up 0.1% to 6,005.88, while the Dow Jones was mostly flat. The 10-year Treasury yield declined to 4.48%, boosting investor sentiment. The rally was driven by positive expectations surrounding U.S.–China negotiations in the chip sector, although markets remain cautious ahead of the CPI data release.

2. Forex Market

EUR/USD: Downtrend; consider short positions. Daily resistance: 1.14200
USD/JPY: Uptrend; consider long positions. Daily support: 144.600

3. Gold

XAU/USD: Downtrend; short positions may be considered today. Daily resistance: 3330

4. Oil

XTI/USD: Uptrend; long positions may be considered today. Daily support: 64.00

5. Crypto

BTC/USDT: Strong uptrend approaching the 110K mark. Main trend this week remains bullish, favoring long positions. Major resistance: 106K

TRADE IDEAS

Vietnam Stocks – HPG:
Recommendation: BUY (June 10, 2025)
Entry price: 26,000 – 26,400 VND
Target 1: 28,000 VND
Target 2: 30,000 VND
Stop loss: 24,900 VND
USD/JPY:
- Trend: Uptrend
- Recommendation: Buy at 144.800, stop loss at 144.400, take profit at 145.600

KEY EVENTS TODAY

6:01 AM – GBP

BRC Retail Sales Monitor (YoY):
Actual: 0.6% | Forecast: 2.7% | Previous: 6.8%

6:50 AM – JPY

M2 Money Stock (YoY):
Actual: 0.6% | Forecast: 0.6% | Previous: 0.5%

7:30 AM – AUD

Westpac Consumer Sentiment:
Actual: 0.5% | Previous: 2.2%

8:30 AM – AUD

NAB Business Confidence:
Actual: 2 | Previous: -1

1:00 PM – GBP

Average Earnings Index 3m/y:
Actual: 5.5% | Forecast: 5.5%
Claimant Count Change:
Actual: 9.5K | Forecast: 5.2K
Unemployment Rate:
Actual: 4.6% | Forecast: 4.5%

JPY – Preliminary Machine Tool Orders (YoY):
Actual: 7.7%

2:00 PM – CHF

SECO Consumer Climate:
Actual: -38 | Previous: -42

3:00 PM – EUR

Italian Industrial Production (MoM):
Actual: 0.0% | Forecast: 0.1%

3:30 PM – EUR

Sentix Investor Confidence:
Actual: -5.3 | Forecast: -8.1

5:00 PM – USD

NFIB Small Business Index:
Actual: 95.9 | Forecast: 95.8

DISCLAIMER

The above analysis represents the personal viewpoint of analyst Tony from Lotus and should not be considered as trading advice.
Lotus only provides technical analysis and trading education for students.
Lotus does not represent any securities or asset management company.
Lotus does not manage student funds.