Daily trading market analysis

Release Time: 10:00 AM on March 6, 2025

Publisher: Mr. Tony

MARKET OVERVIEW

1. Stock Market:

1. • - Vietnam Market: Failed to surpass the peak of 1,320 points, retreating below 1,306 points with declining liquidity, indicating increasing profit-taking pressure. A reversal signal warns that the upward momentum may end, and the market is adjusting to rebalance. The potential support zone is at 1,290 points.

   • - US Market: The US30, NAS100, and S&P500 indices recovered during yesterday's session. However, the downward trend remains strong, and the market has not yet entered a bullish phase.

     2. Forex:

     • EUR/USD: Today, the Euro Summit and the ECB meeting will take place. If the information released is positive, the upward momentum will likely continue. However, expect a highly volatile session today.

     • AUD/USD: Maintains its upward momentum from the strong support zone of 0.61330 - 0.61500, with the trend still favoring buy positions.

       3. Gold:

       • Yesterday, gold fluctuated within a wide range of 35 points. Today, the upward trend may continue, and buy positions are recommended.

         4. Oil:

         • The downward trend remains strong. However, today the price is in a strong support zone of 66-67, so wait for signals before trading.

           5. Bitcoin:

           • BTC maintains its upward trend due to expectations of relaxed tariffs and strong buying pressure from the support zone.

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TRADING PLAN

1. Vietnamese Stock: DBC

1. • Recommendation: BUY DBC (March 6, 2025), Entry price: 29,000 - 30,000 VND, Target 1: 32,300, Target 2: 35,500 VND, Stop loss: 27,900 VND.

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     2. Gold:

     • Trend: Bullish

     • Recommendation: Buy at 2918-2920, Stop loss: 2910, Take profit: 2935-2945-2955

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NOTABLE EVENTS TODAY:

• - All day: Euro Summit

• - 20:15 - Euro: Monetary Policy Statement

• - 20:30 - US Dollar: Unemployment Claims

• - 20:45 - Euro: ECB Press Conference

DISCLAIMER:

• The above analysis represents the personal views of analyst Tony from Lotus and should not be considered a basis for actual market participation.

• Lotus only provides technical trading analysis and trading knowledge training for students.

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

• Lotus does not manage students' funds.