U.S. Stocks Retreat – New Signals from Gold & Bitcoin

Release Time: 10:00 AM, July 14, 2025
Issued by: Ms. Jenny

MARKET OVERVIEW

1. Stock Market

  • Vietnam Stock Market:
    The market continued its uptrend, surpassing the 1,450-point mark, but is now facing strong resistance around 1,460. Trading volume increased, indicating that profit-taking pressure has started to return, though it hasn’t yet created significant downward pressure. The market is expected to slightly retreat due to short-term resistance but remains supported and has the potential to recover thanks to the recent upward trend. If it breaks above 1,460, the next target will be the 1,480-point area.

  • US Stock Market:
    On Friday, July 11, all three major indices declined after hitting new highs earlier in the week, pressured by renewed trade tensions and potential tariff hikes from the US.

    • S&P 500 fell 0.3% (20.71 points) to 6,259.75 — slightly down for the week after strong previous gains.

    • Dow Jones lost 0.6% (279.13 points), closing at 44,371.51 — ending a three-week winning streak.

    • Nasdaq Composite dropped 0.2% (45.14 points) to 20,585.53 — a modest pullback after two record-setting sessions.

    Investors have temporarily shifted to a "risk-off" sentiment, awaiting upcoming earnings reports from major companies (e.g., JPMorgan, Verizon...) this week. Despite the mild correction, the long-term outlook remains positive. Tech and small-cap positions should be monitored closely for potential recovery opportunities.

2. Forex

  • EUR/USD: Uptrend. Consider long positions. Daily support: 1.16700

  • USD/JPY: Short-term downtrend. Consider short positions. Daily resistance: 147.500

3. Gold:

Spot gold rose to $3,361.19/oz, up about 0.2% from the previous day, reaching a three-week high due to rising demand for safe-haven assets following news that the US will impose a 30% tariff on the EU and Mexico starting August 1. Additional support includes a weaker USD and expectations that the Fed will delay rate cuts, reinforcing gold's role as a risk hedge.

4. Oil:

  • XTI/USD: Uptrend. Consider long positions. Daily support: 68.00

5. Crypto:

Bitcoin has just set a new all-time high, gaining about 10% over the past week. This reflects a continued flow of capital into risk assets despite ongoing global political and trade developments.

TRADE SETUPS

1. EUR/USD

  • Trend: Uptrend

  • Recommendation: Buy at 1.16800, Stop Loss: 1.16600, Take Profit: 1.17200

2. GBP/USD

  • Trend: Downtrend

  • Recommendation: Sell at 1.34833, Stop Loss: 1.35208, Take Profit: 1.34267

KEY EVENTS TODAY

  • All day | EUR – French Bank Holiday

  • Tentative | CNY – New Loans

DISCLAIMER

  • The above analysis reflects the personal views of analyst Jenny from Lotus and should not be considered as financial advice for actual market participation.

  • Lotus provides only trading technical analysis and educational content for students.

  • Lotus is not affiliated with any securities company or asset management firm.

  • Lotus does not manage or accept funds from any students.