News

Release Time: 10:00 AM, June 24, 2025 Issuer: Mr. Leon

MARKET OVERVIEW

1. Stock Market:

• Vietnam Market: The market has reversed upwards and breached the 1,350–1,355 point resistance zone, indicating that supply pressure is not strong but capital flow maintains optimism. However, declining liquidity and limited breadth of spread suggest that the uptrend is not yet truly sustainable. Further supportive signals from capital flow are needed for the market to gain stronger momentum in the coming period.
• US Market: The US trading session on June 23, 2025, closed broadly in the green, with the S&P 500 rising 1% to 6,025.17, the Dow Jones climbing 0.9% to 42,581.78, and the Nasdaq also increasing 0.9% to 19,630.97. This signals a positive shift in investor sentiment as tensions in the Middle East show signs of easing. Alongside this, crude oil prices plunged more than 7% to around $68.5/barrel, contributing to the momentum for non-energy sectors. Tesla stock led the tech group with a strong surge after launching its robotaxi service, while Treasury bond yields eased slightly, supporting market sentiment.

2. Forex:

• EUR/USD: Uptrend, today may enter buy positions, daily support: 1.15300
• USD/JPY: Downtrend, today may enter sell positions, daily resistance: 147.00

3. Gold:

• Current Price: ~3,346.99 USD/ounce, down about 0.62% (~21 USD) from the session open.
• Reasons for decline:
  • News of a ceasefire agreement between Iran and Israel sharply reduced safe-haven demand for gold.
  • A stronger USD and expectations for the Fed to maintain high interest rates continue to pressure gold prices.
• Short-term trend:
  • Gold price is testing the support zone around 3,330 USD/ounce. If it holds, a slight recovery is possible; if broken, there is a risk of a deeper decline.

4. Oil:

• XTI/USD: Uptrend, may enter buy positions, daily support: 65.00

5. Bitcoin:

• Current Price: ~104,978 USD, up about 3.85% in the past 24 hours.
• Reason for increase:
  • Increased negative sentiment from retail investors, which is often a contrarian positive signal for the market.
• Short-term trend:
  • Bitcoin is trading within the 100,055 – 105,934 USD range. If it breaks above the 106,000 USD resistance level, the uptrend could continue; otherwise, a correction towards the 100,000 USD support zone is possible.

PLAN OVERVIEW

1. XTI/USD:

• Uptrend
• Buy at 67.94, Stop Loss 65.44, Take Profit 72.94
  

2. Vietnam Stock: GEG

• Recommendation: BUY GEG (June 24, 2025), entry price 16,200 - 16,700 VND, target 1: 17,500 VND, target 2: 19,500 VND, stop loss 15,800 VND
  

1. NOTABLE EVENTS TODAY:

• 15:00 - GBP: BOE Gov Bailey Speaks
• 21:00 - GBP: BOE Gov Bailey Speaks
• • USD: Fed Chair Powell Testifies

DISCLAIMER

• The above analysis represents only the personal views of analyst Leon from Lotus, and should not be used as a basis for actual market participation.
• Lotus only provides technical trading analysis and trading knowledge training for its students.
• Lotus does not represent any securities companies or asset management companies.
• Lotus does not manage students' funds.