News

Release Time: 10:00 AM, July 7, 2025
Issued by: Ms. Jenny

MARKET OVERVIEW

1. Stock Market:

• Vietnam Market:
  The market closed at a new high, indicating a continued uptrend. Although liquidity slightly declined, capital inflow remained solid, playing a supporting role. This positive development has partly alleviated previous concerns over tariffs and reinforced expectations toward the 1,400-point mark this week.

• US Market:
  NYSE, Nasdaq, bond, and commodity markets were fully closed for the holiday, reopening on Monday (July 7). The market may continue to rise, with limited sell-off scenarios thanks to strong economic fundamentals, a cautious Fed in rate cuts, and continued optimism around AI and tech.

2. Forex:

• AUD/USD is in a downtrend. Today, short positions may be considered. Daily resistance: 0.65650

• USD/JPY is in an uptrend. Today, long positions may be considered. Daily support: 144.300

3. Gold:

Spot gold (XAU/USD) is trading around 3,313–3,324 USD/ounce, down approximately 0.7% from the previous day. Demand has slightly increased due to geopolitical tensions and pressure from a weaker US dollar. Investors are waiting for clearer signals from the Fed — with a potential rate cut postponed to September, which also supports gold prices.
An upcoming July 9 deadline related to tariffs may trigger short-term volatility.

4. Oil:

• XTI/USD is in a downtrend. Today, short positions may be considered. Daily resistance: 67.50

5. Crypto:

Bitcoin (BTC) is currently in a mild uptrend after breaking out above the 109,000 level, reflecting positive sentiment as global markets stabilize. Daily fluctuations of 1–2% are common as investors await key economic events.

TRADE IDEAS

1. Vietnam Stock: MWG

Buy recommendation for MWG (July 2025), entry price: 65,500 – 66,500 VND, target 1: 70,000 VND, target 2: 74,000 VND, stop loss: 63,800 VND.

2. USD/JPY

• Trend: Uptrend

• Entry: Buy at 144.520 Stop loss: 144.123 Take profit: 145.323

3. XAU/USD (Gold)

• Trend: Short-term correction

• Recommendation: Buy at 3294 Stop loss: 3274 Take profit: 3335

KEY EVENTS TODAY

• 12:00 PM (JPY) – Leading Economic Index

• 1:00 PM (EUR) – German Industrial Production m/m

• 1:00 PM (GBP) – Halifax House Price Index m/m

• 2:00 PM (CHF) – Foreign Currency Reserves

DISCLAIMER

• The above analysis represents the personal opinion of analyst Jenny from Lotus and should not be considered as a basis for actual market trading.

• Lotus provides only technical analysis and trading education for learners.

• Lotus does not represent any securities company or asset management firm.

• Lotus does not manage funds for learners.