Release Time: 10:00 AM, March 13, 2025
Issuer: Mr. Tony
Stock Market:
Vietnam Market: The market maintains an upward trend but shows signs of contention. Caution is advised due to the appearance of a Shooting Star pattern. Liquidity has slightly increased, indicating rising profit-taking pressure as the market reaches new highs. At the same time, resistance is strengthening as the market approaches the 1,350-point level, which may pose challenges in the upcoming sessions. Any potential correction is likely to be a rebalancing move following the recent rally and could attract additional supportive cash flows.
US Market: US stocks continue to decline sharply due to concerns over trade policies. The S&P 500 dropped 0.76%, and the Dow Jones lost 478 points. The VIX index rose to 28, reflecting market uncertainty. Investors should remain cautious amid market volatility.
Forex:
USD/JPY: After yesterday's CPI news, USD/JPY shows signs of short-term weakening. Today, short-selling positions may be considered.
GBP/USD: Following the CPI news, GBP/USD experienced selling pressure but has since rebounded and maintains a strong upward trend. Today, long positions may be considered.
Gold:
XAU/USD spot price rose 0.7% to $2,935.59/oz, maintaining a strong upward momentum after the US CPI data release.
Oil:
Yesterday, XTI/USD completed the formation of a short-term bottom and shows signs of upward movement. Today, short-term buy positions may be considered, with support at 66.8.
Bitcoin:
BTC/USD remains relatively stable after a sharp decline over the past two weeks, with few positive signals for the market. However, short-term buy positions may be considered.
BTC:
Trend: Bullish
Recommendation: Buy at 82,000–83,400, Stop Loss: 80,200, Take Profit: 90,700–92,000
Vietnamese Stocks: CTD
Recommendation: Buy CTD (March 12, 2025) at 83,000–86,000 VND, Target 1: 93,000 VND, Target 2: 100,000 VND, Stop Loss: 79,800 VND
7:30 PM (GMT): US Dollar: PPI Index Release
7:30 PM (GMT): US Dollar: Unemployment Claims Data
The above analysis represents the personal views of analyst Tony from Lotus and should not be considered a basis for actual market participation.
Lotus provides only technical trading analysis and trading education for trainees.
Lotus does not represent any securities company or asset management firm.
Lotus does not manage clients' funds.