News

Release Time: 10:00 AM, July 8, 2025
Publisher: Mr. Leon

MARKET OVERVIEW

1. Stock Market:

• Vietnam Market: The market continues its upward momentum, breaking past the 1,400-point mark with improved liquidity, indicating ongoing support from capital inflows absorbing selling pressure. While some psychological resistance may arise around the 1,400 zone, the overall trend remains positive, with a near-term target at 1,420 points.

• U.S. Market:
  The S&P 500 dropped about 0.8% to 6,229.98, ending a four-session winning streak. The Nasdaq Composite and Dow Jones each fell nearly 0.9%, with the Nasdaq at 20,412.52 and the Dow at 44,406.36. A high level of caution is warranted as “risk-off” signals emerge clearly — global pressure, rising yields, and spreading tariffs. Although the decline is sharp, it hasn’t broken the long-term trend; investors may seek buying opportunities on pullbacks.

2. Forex:

• AUD/USD: Downtrend. Sell positions may be considered today. Daily resistance: 0.65500

• USD/JPY: Uptrend. Buy positions may be considered today. Daily support: 145.200

3. Gold:

Spot gold prices are fluctuating between 3,334 – 3,346 USD/oz, with bid/ask at 3,334.13 / 3,336.13 USD/oz.
JM Bullion reports the current price at 3,346.91 USD/oz, up +2.61 USD compared to the previous day.

Quick Summary: Gold is trading around 3,335 USD ±10 USD/oz, with mild fluctuations as investors weigh signals from the Fed and global economic developments.

4. Oil:

• XTI/USD: Uptrend. Buy positions may be considered today. Daily support: 67.50

5. Bitcoin:

• Current Price: ~107,853 USD

• Daily Range: High 109,574 USD, Low 107,590 USD

• Change: Down approx. –1,591 USD (–1.45%)

Short-term Outlook: BTC is under corrective pressure following recent strong gains. The 1–2% drop reflects market reaction to macroeconomic factors like interest rates and risk sentiment.

STRATEGIC OUTLOOK

1. USD/JPY

• Trend: Bullish

• Recommendation: Buy at 145.300, SL: 144.800, TP: 146.300
  

2. Vietnam Stock: VIB

• Recommendation: BUY VIB (07/07/2025)

  • Entry: 18,500 – 18,800 VND

  • Target 1: 19,900 VND

  • Target 2: 21,800 VND

  • Stop Loss: 17,700 VND
    

TODAY'S KEY EVENT

• 11:30 - AUD: Cash Rate

DISCLAIMER

• The above analysis reflects the personal opinion of Mr. Leon from Lotus and is not a recommendation for real-world trading.

• Lotus only provides trading technical analysis and training to students.

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

• Lotus does not manage client funds.