Release Time: 10:00 – December 23, 2025
Issued by: Ms. Jenny

MARKET OVERVIEW

1. Stock Market

Vietnam Stock Market:

The market quickly broke above the 1,700–1,710 resistance zone and maintained its upward momentum after surpassing the MA20, with improved liquidity indicating continued support from capital inflows. The rally has shown positive breadth across multiple sectors, opening the door for the market to advance further toward the 1,750–1,800 resistance zone—the short-term peak area formed between October and early December 2025. However, as prices approach this zone, selling pressure may increase and lead to short-term consolidation, although the current uptrend still suggests the market can absorb supply relatively well.

U.S. Stock Market:

In the December 22 session, Wall Street extended its early-week gains ahead of the holiday period. The S&P 500 rose approximately 0.6% to around 6,878.5 points, the Dow Jones Industrial Average gained about 0.5% to 48,362.7 points, and the Nasdaq Composite also climbed roughly 0.5% to 23,428.8 points. The advance was driven by strong buying in technology and AI-related stocks, marking the third consecutive gaining session for major indices. This performance reflects optimistic sentiment amid the Christmas season and expectations of a year-end “Santa Claus rally.”

2. Forex

• USD/CAD: The primary trend remains bearish. Daily resistance is at 1.37500, while daily support is at 1.37300. A long position may be considered if price breaks above the daily resistance level.

• NZD/USD: The main trend is sideways. Daily resistance stands at 0.58200, with daily support at 0.58000. A long position may be considered if price breaks above the daily resistance.

3. Gold:

Gold is currently in an extreme bullish (parabolic) phase, having surged to near $4,490. The structure shows buyers in full control, pushing prices sharply from $4,360 to $4,490 with virtually no meaningful pullback. Widely expanding upward EMA lines indicate very strong bullish momentum.

4. Oil:

XTI/USD remains in an uptrend. Daily resistance is at 58.20, while daily support is at 57.80. A long position may be considered if price breaks above the daily resistance.

5. Crypto – BTC:

In contrast to gold’s explosive rally, BTC is struggling to recover and is trading around $88,647 after a shakeout toward $87,500. Price is currently capped by the dynamic EMA 53 resistance (purple line) near $88,787—a key barrier that BTC must decisively break to resume a bullish trend.

TRADE OUTLOOK

1. GBP/JPY

• Sell at 210.680

• Stop Loss: 211.491

• Take Profit: 207.926

2. EUR/USD

• Buy Limit at 1.34400

• Stop Loss: 1.33400

• Take Profit: 1.36200

KEY EVENTS TODAY

• (Tentative) – USD – ADP Employment Change

• 20:30 – CAD – Monthly GDP (m/m)

• 20:30 – USD – Preliminary GDP (q/q), GDP Price Index, Durable Goods Orders & Core Durable Goods Orders (m/m)

• 22:00 – USD – CB Consumer Confidence & Richmond Manufacturing Index

DISCLAIMER

• The above analysis represents the personal views of analyst Jenny from Lotus and does not constitute 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 client or student funds.