Daily trading market analysis

Release Time: 10:00 AM, April 2, 2025

Issuer: Mr. Tony

MARKET OVERVIEW

1. Stock Market:

• Vietnam Market: Today, a short-term price increase is expected, but it is advisable to avoid buying stocks as the main trend remains downward. Investors should wait for stronger bullish signals before entering the market.

• U.S. Market: Major indices (DJI, NDX, SPX) traded within a narrow range yesterday, awaiting the key tariff announcement tonight. If the news is favorable, it could drive stock prices higher.

2. Forex:

• EUR/USD: The main trend is downward, but in the short term, the pair is forming a price consolidation zone. This area is crucial for determining either a trend continuation or reversal. It is recommended to avoid trading this pair today.

• USD/JPY: A weak short-term uptrend is in place, with prices nearing the 150.00 resistance level. Trading this pair is not recommended today.

3. Gold:

• XAU/USD has shown signs of a short-term price correction. The 3,140 USD level is considered a short-term peak. Trading at this time carries risks for both long and short positions. Tonight’s Trump tariff news is expected to cause significant volatility in gold prices, with a clearer trend likely to emerge tomorrow.

4. Oil:

• XTI/USD is expected to undergo a short-term price correction today. Short positions can be considered, with a daily resistance level at 71.3 USD.

5. Crypto:

• BTC/USD has a short-term bullish trend. Long positions can be considered, with a daily support level at 84,000 USD.

---

TRADING PLAN

• XTI/USD

  • Trend: Short-term downtrend

  • Recommendation: Sell at 71.02, Stop Loss: 71.37, Take Profit: 70.32

  • 

---

KEY EVENTS TODAY

1:45 PM

• EUR - French Government Budget Balance: -30.2B | Forecast: -17.3B

2:00 PM

• EUR - Spanish Unemployment Change: -2.5K | Forecast: -6.0K

Tentative

• EUR - German 10-Year Bond Auction: 2.92% | Previous: 2.1%

7:15 PM

• USD - ADP Non-Farm Employment Change: 118K | Forecast: 77K

9:00 PM

• USD - Factory Orders (MoM): 0.5% | Previous: 1.7%

9:30 PM

• USD - Crude Oil Inventories

---

DISCLAIMER

• The above analysis reflects 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 education for students.

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

• Lotus does not manage students' funds.