Sideways Market – Is a New Opportunity Emerging?

Release Time: 10:00 AM, June 23, 2025
Publisher: Ms. Jenny

1. Stock Market

Vietnam Market: The market continues to struggle with resistance around 1,355 points and is holding near 1,350. Liquidity has slightly increased thanks to ETF restructuring activities, but overall, cash flow remains cautious and is waiting for clearer signals. Maintaining this balance opens up the possibility for the market to continue testing the resistance zone in the upcoming sessions.
U.S. Market: The U.S. market ended the week in a choppy fashion as major indices showed mixed signals. The Dow Jones rose slightly by +0.08% to 42,206.82 points, while the S&P 500 fell by 0.22% to around 5,967.84 points, and the Nasdaq Composite dropped 0.51% to 19,447.41 points. For the week, the S&P 500 declined by 0.2%, the Dow remained nearly flat, and the Nasdaq gained 0.2%.

2. Forex

EUR/USD: Uptrend. Buying positions are possible today. Daily support: 1.14800.
AUD/JPY: Downtrend. Selling positions are possible today. Daily resistance: 94.550.

3. Gold

Current price: ≈ $3,334/oz, down 0.8% today (approx. −$27), and on track for a 2.5% weekly loss.
Main reason: A stronger USD following the Fed's cautious stance has made gold more expensive for foreign currency holders. Although Middle East tensions persist, they are not strong enough to offset USD pressure.
Short-term trend: Gold is slightly retreating, approaching support around $3,300/oz. If the USD remains strong and the Fed maintains its “wait-and-see” stance, gold could test the $3,250–$3,300 zone.

4. Oil

XTI/USD: Uptrend. Buying positions are possible today. Daily support: 74.80.

5. Crypto: Bitcoin (BTC)

Current price: Trading around $99,237, down nearly 4.2% for the session.
Main reason: Selling pressure is increasing as there is no significant event or new capital inflow to support it. Some analyses suggest BTC is "testing key support" around $99K–100K.
Short-term outlook: If BTC holds above 98K–99K, a recovery toward 105K or higher is possible. If it drops below 98K, further correction toward the $90K–95K zone is likely in the medium term.

1. EUR/USD

2. XAU/USD (Gold)

The above opinions reflect the personal views of analyst Jenny from Lotus and are not intended as direct investment advice.
Lotus provides technical analysis and trading education only.
Lotus does not represent any brokerage firm or asset management company.
Lotus does not manage or receive capital from students.

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