Release Time: 10:00 AM, April 29, 2025
Publisher: Mr. Tony

MARKET OVERVIEW

1. Stock Market:

• Vietnam Stock Market:
  The Vietnamese stock market is showing hesitation and slight correction after surpassing the 20-day moving average (MA20), with a decline in trading volume indicating that both supply and demand are cooling ahead of the holiday period. Although slightly weakened, the 1,220-point region (coinciding with MA20) continues to act as support, reflecting price equilibrium and a supply-demand probing phase. Recent supportive signals are expected to continue driving a recovery trend in the coming sessions.

• U.S. Stock Market:
  On April 28, 2025, the U.S. stock market performed positively: the Dow Jones rose by 0.28% to 40,227.59 points, the S&P 500 edged up 0.06% to 5,528.75 points, while the Nasdaq slipped slightly by 0.10% due to pressure from large-cap tech stocks. Investor sentiment remains cautious ahead of key events this week, including major tech earnings reports and U.S. economic data. The market trend shows divergence, with capital flows favoring defensive and financial sectors amid rising macroeconomic risk concerns.

2. Forex:

• USD/JPY:
  Currently in a downtrend. Selling positions are preferred today, with the daily resistance level at 143.00.

3. Gold:

• Gold Prices:
  Global gold prices have risen by nearly USD 20/ounce, maintaining an upward trend and confirming gold’s strength.

4. Oil:

• XTI/USD:
  Currently in a downtrend. Selling positions are recommended today, with the daily resistance level at 62.20.

5. Crypto:

• BTC/USD:
  Currently trading around USD 95,000, up 1.49% over the past 24 hours. Bitcoin prices are stable above USD 94,000 and aiming for the USD 97,000 level as Bitcoin ETFs recorded a total inflow of USD 3.06 billion, the highest since mid-November last year.

TRADE SETUP RECOMMENDATIONS

1. USD/JPY

• Trend: Bearish

• Recommendation: Sell between 142.8 - 143; Stop loss: 145; Take profit: 140 - 138

• 

2. XTI/USD

• Trend: Bearish

• Recommendation: Sell at 61.48; Stop loss: 62.51; Take profit: 58.84

• 

KEY EVENTS TODAY

2:00 PM (EUR)

• Spain Preliminary CPI (YoY):

  • Actual: 2.0%

  • Forecast: 2.3%

• Spain Preliminary GDP (QoQ):

  • Actual: 0.7%

  • Forecast: 0.8%

3:00 PM (EUR)

• Eurozone M3 Money Supply (YoY):

  • Actual: 4.0%

  • Forecast: 4.0%

• Private Sector Loan Growth (YoY):

  • Actual: 1.6%

  • Forecast: 1.5%

All day (EUR)

• Italy 10-Year Government Bond Auction:

  • Yield: 3.83% | Bid-to-cover ratio: 1.7

4:40 PM (GBP)

• MPC Member Ramsden Speech

7:30 PM (USD)

• U.S. Goods Trade Balance:

  • Actual: -142.8 billion USD

  • Forecast: -147.9 billion USD

• Preliminary Wholesale Inventories (MoM):

  • Actual: 0.6%

  • Forecast: 0.3%

8:00 PM (USD)

• S&P/Case-Shiller Composite-20 Home Price Index (YoY):

  • Actual: 4.6%

  • Forecast: 4.7%

• Monthly HPI:

  • Actual: 0.3%

  • Forecast: 0.2%

9:00 PM (USD)

• JOLTS Job Openings:

  • Actual: 7.49 million

  • Forecast: 7.57 million

• CB Consumer Confidence Index

DISCLAIMER

• The above analysis represents the personal viewpoint of analyst Tony from Lotus and should not be considered as a basis for real-world trading activities.

• Lotus solely provides trading technical analysis and educational training for students.

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

• Lotus does not manage client funds.