News

Release Time: 10:00 AM, July 30, 2025 Author: Mr. Leon

MARKET OVERVIEW

1. Stock Market:

• Vietnam Market: The market saw a sharp and unexpected decline after surpassing the 1,536-point peak. This signals significant profit-taking pressure and a potential end to the recent rally. The 1,536 level has now become a resistance point, while the MA(20) around 1,465 points will serve as a near-term support, where the market may retest demand.

• US Market: The market adjusted slightly after a consecutive winning streak. The S&P 500 fell 0.3% to 6,370.86, the Nasdaq dropped 0.4% to 21,098.29, and the Dow Jones lost 0.5%, or about 205 points. The pressure came from a series of disappointing earnings reports: UnitedHealth fell sharply by 7.5%, Novo Nordisk plunged 22%, and UPS was a letdown. Investors remain cautious ahead of the Fed's interest rate decision and the development of US-China trade negotiations.

2. Forex:

• GBP/USD: The trend is bearish; short positions can be taken today. Daily resistance: 1.34200.

• USD/JPY: The trend is bullish; long positions can be taken today. Daily support: 147.800.

3. Gold:

• Spot gold reached $3,343.15/oz, an increase of approximately +$9.48 (+0.3%) from the previous day.

• Gold is currently bouncing slightly off a three-week low, hovering around the $3,327–$3,328/oz range. The market is closely watching the US-China trade talks and the upcoming Fed meeting.

4. Oil:

• XTI/USD: The trend is bullish; long positions can be taken today. Daily support: 67.50.

5. Bitcoin:

• Bitcoin (BTC): Is currently trading at ~$118,023, a slight decrease of about -11 USD (~-0.01%) from the previous session.

• Intraday Range: It has fluctuated between $117,155 and $119,080, indicating a stable session after recent volatility.

RECOMMENDATIONS

1. GBP/USD:

• Trend: Bearish

• Action: Sell at 1.34000, stop loss at 1.35000, take profit at 1.32000.
  

2. Vietnam Stock: MBB

• Recommendation: Wait to BUY MBB (July 30, 2025).

• Entry Price: 25,100 - 25,800 VND

• Target 1: 27,500 VND

• Target 2: 28,800 VND

• Stop Loss: 24,400 VND
  

TODAY'S NOTABLE EVENT

DISCLAIMER

• The above opinions represent only the personal views of analyst Leon from Lotus and should not be used as a basis for actual market participation.

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

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

• Lotus does not manage student funds