Expectations of Fed rate cuts strengthen confidence

Release Time: 10:00, September 15, 2025
Issuer: Ms. Jenny

MARKET OVERVIEW

1. Stock Market

Vietnam: The market is supported at the MA(20) zone and is making recovery efforts, although liquidity has decreased and supply remains low. Holding above MA(20) shows opportunities for balance to return, but supply pressure may increase when approaching the 1,670–1,700 zone. For a more sustainable trend, capital inflows need to continue absorbing supply and keep the market stable above MA(20).
U.S.: The market ended the week strongly as the S&P 500 and Nasdaq reached new record highs, while Dow Jones edged lower. August PPI unexpectedly fell -0.1% MoM, far below forecasts, signaling inflation pressure is easing. Expectations that the Fed may cut rates by 0.25% in the upcoming meeting were reinforced. Tech stocks, especially Tesla and Micron, benefited and drove Nasdaq higher. However, risks remain if labor data or consumer spending surprises on the upside, reducing the chance of immediate Fed cuts.

2. Forex

GBP/USD: No clear trend. If price breaks below 1.35500 → short positions; daily resistance: 1.35800.
USD/JPY: No clear trend. If price breaks above 147.800 → long positions; daily support: 147.000.

3. Gold
Gold remains near record highs but shows short-term downside signs. A break below 3630 could open short positions; daily resistance: 3655. Safe-haven demand remains strong despite market pressures.

4. Oil
Uptrend. Long positions favored; daily support: 62.00.

5. Crypto
BTC/USD remains bullish. Buy at 113,000; resistance: 116,000.

TRADING PLAN

1. Vietnam Stock – REE

Buy REE (15/09/2025), entry 66,000–67,000 VND
Target 1: 70,500; Target 2: 74,000 VND
Stop loss: 63,800 VND

2. GBP/USD

Bearish bias
Sell at 1.35500, Stop loss 1.35700, Take profit 1.35100

KEY EVENTS TODAY

09:00 – CNY – Industrial Production (y/y)
09:00 – CNY – Retail Sales (y/y)
19:30 – USD – Empire State Manufacturing Index

DISCLAIMER

The above analysis represents only the personal opinion of analyst Jenny at Lotus and is not an investment recommendation.
Lotus only provides technical analysis and trading education for learners.
Lotus does not represent any securities company or asset management firm.
Lotus does not manage students’ funds.