News

Release Time: 10:00 AM – August 6, 2025
Publisher: Mr. Leon

MARKET OVERVIEW

1. Stock Market

• Vietnam Market:
  The VN-Index continued its upward trend but showed strong volatility with a Doji Star candlestick at the previous peak of 1,560 points, indicating profit-taking pressure. High liquidity reflects continued investor participation, but strong resistance may hinder immediate gains. Nearest support lies at the 20-day MA, around 1,500 points.

• U.S. Market:
  Wall Street opened the week with a choppy session as investors await ISM Services PMI data at 9:00 PM (Vietnam time). Dow Jones edged up 0.2%, S&P 500 was flat, and Nasdaq slipped -0.4% due to profit-taking in tech stocks. Bond yields and the USD remained strong, reflecting expectations that the Fed will not cut rates soon. Upcoming movements will depend heavily on economic data and clearer policy signals.

2. Forex

• GBP/USD is in an uptrend; buying opportunities today with support at 1.32800.

• USD/JPY is in a downtrend; selling opportunities today with resistance at 147.800.

3. Gold

• Current price: around $3,371.40/oz, near the 1-week high, supported by weak job data and speculation that the Fed might cut rates in September.

• Conclusion: Gold hovers around $3,370/oz, mildly bullish with ongoing appeal due to softening rate expectations.

4. Oil

• XTI/USD shows no clear dominant trend; short-term intraday trading favors long positions. Support: 65.60

5. Bitcoin

• BTC remains stable around $114,866, unchanged after the recent recovery.

• Some sources show BTC slightly up toward $115,000, supported by strong altcoin buying (Ethereum, Cardano, XRP).

• Summary: Bitcoin fluctuates within a tight range, reflecting cautious optimism as markets speculate on dovish Fed policies.

RECOMMENDATIONS

1. GBP/USD

• Uptrend

• Buy at 1.330030, Stop Loss: 1.32630, Take Profit: 1.33830
  

2. Vietnam Stock: HDG

• Recommendation: WAIT TO BUY (Aug 6, 2025)

• Entry: 24,700 – 25,300 VND

• Target 1: 27,000 VND | Target 2: 29,000 VND

• Stop Loss: 23,500 VND
  

TODAY'S NOTABLE EVENTS

• No major events today.

DISCLAIMER

• The above assessments reflect only the personal view of analyst Leon from Lotus and are not intended as investment advice.

• Lotus provides technical analysis and trading education only.

• Lotus is not affiliated with any securities firm or asset management company.

• Lotus does not manage client funds.