English Version

Release Time: 10:00 AM, October 17, 2025

Issuer: Mr. Tony

MARKET OVERVIEW

1. Stock Market

Vietnam Market:
The VN-Index continued to find support around the 1,750 area, showing a recovery signal through the Hammer candlestick pattern. Liquidity remained stable, indicating steady buying demand. Although the market has not yet surged strongly, short-term corrections are helping rebalance sentiment and could pave the way for a move toward the 1,800 resistance zone in the near term.

U.S. Market:
On October 16, U.S. stocks turned lower — S&P 500 -0.6%, Dow Jones -0.7%, Nasdaq -0.5%. Several mid-tier banks raised concerns over bad debts as they increased provisions, weighing on investor sentiment. Meanwhile, the 10-year Treasury yield fell below 4%, and gold surged more than 2.5% as investors sought safe-haven assets amid rising uncertainty.

2. Forex

• USD/JPY: Continues its downtrend; traders may look for short opportunities on price rebounds.
  Resistance: 150.800

• GBP/USD: Uptrend remains intact; traders may look for long opportunities on dips.
  Support: 1.32200

3. Gold

Gold continues its strong bullish momentum, currently trading around $4,082.33/oz, marking a new all-time high after weaker-than-expected U.S. data and rising geopolitical tensions in the Middle East.
December gold futures hover near $4,106.80/oz.
The overall trend remains bullish, but volatility is elevated — caution is advised before entering new long positions.

4. Oil

Crude oil (XTI/USD) declined slightly to around $58.60, pressured by higher U.S. crude inventories and slowing demand concerns.
Trend: Bearish — traders may consider short positions near $59.50 – $60.00 resistance.

5. Crypto

The cryptocurrency market remains under selling pressure.
BTC/USD is trading near $108,374, down about 1.2% from the previous session.
Market sentiment is shifting toward risk-off, as capital moves away from risky assets. Altcoins are under heavier pressure than Bitcoin.
Recommendation: Avoid opening new positions until volatility stabilizes.

TRADING PLAN & RECOMMENDATION

Buy Recommendation – NTP (17/10/2025):

• Entry: 64,500 – 65,500 VND

• Target 1: 70,000 VND

• Target 2: 75,000 VND

• Stop loss: 62,000 VND
  
  

GOLD:

• Trend: Bullish

• Strategy: Buy at 4075 – 4080, stop loss 4055, take profit 4120 – 4140

KEY EVENTS TODAY

• 7:30 PM (USD) – Retail Sales (m/m): Forecast 0.3%, Previous 0.7%

• 7:30 PM (USD) – Industrial Production (m/m): Forecast 0.2%

• 9:00 PM (USD) – University of Michigan Consumer Sentiment: Forecast 54.0

DISCLAIMER

• The above analysis reflects the personal views of analyst Tony from Lotus and does not constitute investment advice.

• Lotus provides technical trading analysis and financial education for learners only.

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

• Lotus does not manage client funds.