Release Time: 10:00 AM, December 2, 2025
Issued by: Ms. Jenny

MARKET OVERVIEW

1. Stock Market

– Vietnam Market:

The market continues its upward trend and is approaching the resistance zone of 1,700–1,720 points. However, this zone remains challenging, reflected by a Shooting Star candlestick pattern and lower liquidity compared to the previous session. Supply pressure is not yet significant despite the sensitive price area, while supporting capital flow remains cautious.
The 1,700–1,720 range is expected to continue acting as resistance in the coming sessions, but the recovery trend established since November 12, 2025, remains intact. Minor pullbacks may occur due to resistance pressure, but they are mostly technical rebalancing phases after the recent recovery. MA20 and MA50 continue to serve as key support levels for the market.

– U.S. Market:

U.S. markets edged higher on December 1 as sentiment turned positive. The S&P 500 gained about 0.3%, Nasdaq rose around 0.4%, and the Dow Jones stayed relatively flat within a narrow range. The 10-year Treasury yield held near 4.33%, continuing to support growth stocks.
Core PCE for October increased 3.5% YoY, in line with expectations, reinforcing confidence that the Fed has ended its rate-hike cycle. Tech stocks led the advance, while energy retreated following the decline in oil prices. Overall, the market maintains its short-term recovery momentum, with expectations of rate cuts in 2024 remaining a major driver.

2. Forex

• EUR/USD: Primary trend is bullish. Daily resistance: 1.32500. Daily support: 1.16000. Long positions may be considered upon a confirmed breakout above daily resistance.

• AUD/USD: Primary trend is bullish. Daily resistance: 0.65500. Daily support: 0.65300. Short positions may be considered if price breaks below daily support.

3. Gold

After a strong rally, Gold is entering a correction phase and retesting a key dynamic support— the EMA 89 (yellow line ~4218).

4. Oil

XTI/USD: Primary trend remains bullish. Daily resistance: 60.00. Daily support: 58.70. Long positions may be considered if price breaks above daily resistance.

5. Crypto – BTC

Bitcoin plunged 6%, struggling to hold the $85,000 support. Price structure is weakening significantly, with Bears in clear control.
Warning: Avoid “catching a falling knife” at this stage.

TRADE OUTLOOK & PLAN

1. USD/JPY

• Trend: Bullish

• Buy at 155.5

• Stop loss: 154.5

• Take profit: 158

2. Vietnam Stocks – SHB

BUY recommendation for SHB (02/12/2025)

• Entry: 16,600 – 17,000 VND

• Target 1: 18,000 VND

• Target 2: 19,400 VND

• Stop loss: 15,900 VND

KEY EVENTS TODAY

• 8:00 AM – USD – Fed Chair Powell Speaks

• 5:00 PM – EUR – Flash Core CPI (YoY)

• 5:00 PM – EUR – Flash CPI (YoY)

DISCLAIMER

• The above analysis reflects only the personal viewpoint of analyst Jenny from Lotus and should not be considered as a basis for actual trading decisions.

• Lotus provides technical analysis and trading education only.

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

• Lotus does not manage funds for students.