News

Release Time: 10:00 AM, February 03, 2026
Author: Ms. Jenny

MARKET OVERVIEW

1. Stock Markets

Vietnam Market:
The market saw a sharp decline during the session and retreated close to the MA(50) around 1,775 points, but quickly found support and made efforts to reclaim the 1,800-point level. Trading liquidity increased slightly, indicating rising supply, though it was mainly concentrated in certain stock groups and did not create widespread pressure across the market. Holding above the 1,800-point area suggests selling pressure remains insufficient to reverse the short-term trend, allowing the market to stay supported and gradually form a new consolidation zone above 1,800 points in the coming period.

U.S. Market:
In the February 2 trading session, Wall Street continued its strong recovery as investor sentiment improved following the previous consolidation phase. The S&P 500 rose approximately 0.5% to 6,976.44 points, the Dow Jones Industrial Average surged about 1.1% to 49,407.66 points, and the Nasdaq Composite advanced roughly 0.6% to 23,592.11 points. Notably, the Russell 2000 gained around 1%, reflecting broader capital inflows into small-cap stocks. This positive performance pushed major indices closer to record highs, signaling renewed buying interest after the recent correction.

2. Foreign Exchange

• EUR/USD: The primary trend remains bearish.

  • Daily resistance: 1.18700

  • Daily support: 1.17700

  • A short position may be considered if price breaks below daily support.

• AUD/USD: The primary trend is sideways.

  • Daily resistance: 0.70300

  • Daily support: 0.69300

  • A long position may be considered if price breaks above daily resistance.

3. Gold

After a sharp sell-off and forming a short-term bottom around the $4,550–$4,600 zone, Gold attracted dip-buying demand. Prices rebounded strongly and are currently trading around $4,781.

4. Oil

• XTI/USD: The primary trend remains bullish.

  • Daily resistance: 62.50

  • Daily support: 61.50

  • A short position may be considered if price breaks below daily support.

5. Crypto: Bitcoin (BTC)

Bitcoin is attempting to stabilize after a steep decline. Following a deep sell-off that briefly pushed prices below $76,000, BTC rebounded modestly and is now consolidating around $77,939.

TRADING PLAN OUTLOOK

1. Vietnam Stock: POW

BUY recommendation for POW (February 03, 2026)

• Entry price: 14,000 – 14,500 VND

• Target 1: 15,500 VND

• Target 2: 17,000 VND

• Stop loss: 13,500 VND

2. GBP/USD

• Buy Stop: 1.37200

• Stop Loss: 1.36500

• Take Profit: 1.38600

3. USD/JPY

• Sell: 155.5

• Stop Loss: 156.7

• Take Profit: 152.6

KEY EVENTS TO WATCH TODAY

• 10:30 – AUD – Cash Rate

• 10:30 – AUD – RBA Monetary Policy Statement

• 10:30 – AUD – RBA Rate Statement

• 11:30 – AUD – RBA Press Conference

• Tentative – USD – JOLTS Job Openings

DISCLAIMER

• The above analysis represents the personal views of analyst Jenny at Lotus and should not be considered as a basis for actual trading decisions.

• Lotus provides technical trading analysis and trading education only.

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

• Lotus does not manage client funds.