News

Release Time: 10:00 AM, June 17, 2025

Issued by: Mr. Leon

MARKET OVERVIEW

1. Stock Market:

• Vietnam Market: The market had a fairly good gaining session, surpassing the MA(20) at the 1,326-point level. Reduced liquidity indicates that supply pressure is weakening, but cash flow remains weak. If the market can hold above the MA(20), it may head towards the 1,350-point region, but this remains a contested resistance zone. It is expected that the market will trade exploratively within the 1,330–1,350 point range before establishing a clearer trend.
• U.S. Market: The Dow Jones rose by 317.30 points (+0.75%) to 42,515.09, the S&P 500 gained 0.94% to 6,033.11, and the Nasdaq jumped +1.52% to 19,701.21. The main reason was the easing of geopolitical tensions in the Middle East, with news of Iran's willingness to negotiate, causing oil prices to drop by ~1.7% to $71.77/barrel and the VIX index to fall by nearly 9% to 18.96.

2. Foreign Exchange (Forex):

• USD/CAD: Short-term bullish trend. A long (buy) position can be considered. Intraday support: 1.35600.
• EUR/USD: Short-term bearish trend. A short (sell) position can be considered. Intraday support: 1.15770.

3. Gold:

• Current Price: Approximately $3,393.05/ounce, an increase of about +0.3–0.5% compared to yesterday.
• Main Drivers:
  • Escalating tensions in the Middle East continue to boost gold's appeal as a safe-haven asset.
  • Mr. Trump's call for an evacuation of Tehran has heightened fears of a wider conflict, driving capital flows into gold.
  • The U.S. Treasury saw solid demand for its bonds; the 10-year yield decreased, making non-yielding assets like gold more attractive.

4. Oil:

• WTI/USD (XTI/USD): Bullish trend. An intraday long (buy) position can be considered today. Intraday support: 71.50.

5. Bitcoin:

• Current Price: Fluctuating around ~$105,000, relatively stable compared to yesterday.
• Recent Signals:
  • Companies holding large amounts of Bitcoin, such as MicroStrategy and Trump Media & Technology Group, are nearing the 100,000 BTC mark in their holdings.
  • Bitcoin has continually broken new all-time highs, surpassing $110,000 in Q2, and has a positive outlook for further gains if it maintains its current support level.

OUTLOOK AND TRADING PLAN

1. USD/CAD:

• Trend: Bullish
• Recommendation: Buy at 1.35793, Stop Loss: 1.35643, Take Profit: 1.36093.
• 

2. Vietnamese Stock: ACB

• Recommendation: BUY ACB (17/06/2025), Entry price: 21,100 - 21,400 VND, Target 1: 23,000 VND, Target 2: 24,800 VND, Stop Loss: 20,400 VND.
• 

KEY EVENTS TODAY

• 19:30 (7:30 PM) - USD: Core Retail Sales m/m

DISCLAIMER

• The opinions above represent the personal views of analyst Leon of Lotus and do not constitute a basis for actual market entry.
• Lotus only provides technical trading analysis and trading knowledge education for its students.
• Lotus does not represent any securities firm or asset management company.
• Lotus does not manage funds for its students.