Jackson Hole Symposium: Fed Chair May Disappoint Investors

Release Time: 10:00 AM, August 22, 2025
Publisher: Mr. Tony

MARKET OVERVIEW

1. Stock Market

Vietnam Market:
The market broke through the resistance at 1,665 points, though liquidity declined and capital flows were concentrated only in a few sectors. Despite the uptrend signals not being fully convincing and lacking breadth, the breakout above 1,665 still shows supporting efforts. The prior upward trend continues to provide momentum, and the market still has room to extend its rally if clearer confirmation signals appear.
U.S. Market:
Wall Street recorded its fifth consecutive decline, with the S&P 500 dropping 0.4% to 6,370.17, the Dow Jones falling 152.8 points (–0.3%) to 44,785.50, and the Nasdaq losing 0.7% to close at 21,100.31. Market sentiment remains cautious as expectations for the upcoming speech by Fed Chair Powell at Jackson Hole remain uncertain. This sharp losing streak could extend if there are no clear signals from monetary policy or a strong rebound from key sectors.

2. Forex

USD/JPY: Uptrend. Buy positions can be considered today. Daily support: 148.000.
EUR/USD: Downtrend. Sell positions can be considered today. Daily resistance: 1.16500.

3. Gold

Spot price is trading around $3,350.80/oz, slightly down by 0.11% compared to the previous session. Gold suddenly jumped to $3,345/oz after U.S. existing home sales rose by 2%.
Summary: Gold is fluctuating in the range of $3,334 – $3,351/oz, relatively stable with mild volatility, reflecting a wait-and-see sentiment ahead of the Jackson Hole symposium.

4. Oil

Uptrend. Continue adding buy positions. Daily support: $63.50.

5. Crypto

Current price: approximately $113,378, down about $628 (~–0.55%) compared to the previous session. Daily trading range: from $112,021 to $114,407. The market is showing a mild correction after hitting the intraday high.

TRADING RECOMMENDATIONS

BTC/USD

Recommendation: Buy at 113,100
Stop loss: 112,400
Take profit: 114,750

Vietnam Stock – MWG

Recommendation: BUY MWG (22/08/2025)
Entry price: 70,000 – 71,000 VND
Target 1: 75,000 VND
Target 2: 82,000 VND
Stop loss: 66,800 VND

TODAY’S KEY EVENTS

7:30 PM – CAD

Core Retail Sales (m/m)
Actual: 0.9% | Forecast: –0.2%
Retail Sales (m/m)
Actual: 1.3% | Forecast: –1.1%

9:00 PM – USD

Fed Chair Powell Speaks

11:00 PM – USD

President Trump Speaks

Day 2

Jackson Hole Symposium

DISCLAIMER

The above views only represent the personal opinions of analyst Tony from Lotus and are not a basis for actual market participation.
Lotus only provides technical trading analysis and trading knowledge training for students.
Lotus does not represent any securities company or asset management company.
Lotus does not manage students’ funds.