News

Release Time: 10:00 AM, July 16, 2025
Publisher: Ms. Jenny

MARKET OVERVIEW

1. Stock Market

• Vietnam Market: The market faced selling pressure near the 1,480-point level, marking its first corrective session after a strong rally. Rising liquidity indicates supply is still dominant, suggesting the correction may continue. However, this movement could also attract new inflows. The nearest support zone is 1,430–1,450 points, expected to support recovery.

• U.S. Market: S&P 500 fell approximately 0.4% to 6,243.76 points due to June inflation rising to 2.7%, lowering hopes for an early Fed rate cut. Dow Jones dropped nearly 1% (-436 points), closing at 44,023.29, mainly under pressure from the financial sector amid cautious earnings reports. In contrast, Nasdaq edged up 0.2% to a new all-time high of 20,677.80, supported by Nvidia’s 4% surge and spillover gains in AMD and Super Micro following news they are allowed to sell H20 chips in China.

2. Forex

• USD/JPY is expected to undergo a short-term correction. A potential short position may be considered if the price falls below 148.700. Daily resistance: 149.500.

• AUD/USD is in an uptrend. A buy position could be considered if the price breaks above 0.65350. Daily support: 0.65100.

3. Gold

Gold is trading in the range of 3,335–3,345 USD/ounce, with intraday fluctuations of +0.1% to +0.3%. The movement is mainly driven by USD performance, bond yields, and safe-haven demand.

4. Oil

• XTI/USD is trending downward. Consider a short position if the price drops to 66.70. Resistance: 67.10.

5. Crypto

Bitcoin has seen a slight correction following a recent uptrend, reflecting short-term profit-taking sentiment. The current narrow trading

TRADE IDEAS

1. Vietnam Stock: ACB

• Recommendation: WAIT TO BUY ACB (July 16, 2025)

• Entry range: 21,500 – 22,000 VND

• Target 1: 23,300 VND

• Target 2: 25,000 VND

• Stop loss: 20,800 VND

2. USD/JPY

• Trend: Short-term downtrend

• Recommendation: Sell at 148.700

• Stop loss: 149.000

• Take profit: 148.100

3. EUR/USD

• Trend: Downtrend

• Recommendation: Sell at 1.16175

• Stop loss: 1.17088

• Take profit: 1.14331

KEY EVENTS TODAY

• 03:00 AM – GBP – BOE Governor Bailey Speaks

• 01:00 PM – GBP – Consumer Price Index (CPI) y/y

• 07:30 PM – USD – Core Producer Price Index (PPI) m/m

• 07:30 PM – USD – Producer Price Index (PPI) m/m

DISCLAIMER

• The above analysis reflects the personal opinion of analyst Ms. Jenny from Lotus and is not a basis for actual market participation.

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

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

• Lotus does not manage student funds in any form.