News

Release Time: 10:00, January 29, 2026 Issuer: Mr. Leon

MARKET OVERVIEW

1. Stock Market:

• Vietnam Market: The market continues to face downward pressure after losing the MA(20) zone in the previous session. Increased liquidity compared to the prior session indicates that supply has returned more strongly, while supporting cash flow remains cautious. Breaking the MA(20) has caused the market to lose its short-term technical pivot and fall into a state of imbalance. However, below the 1,800 points level, the market is recording slight support signals as it enters an oversold state; this is also the lower boundary of the short-term bullish channel. In the current context, it is likely that the market will continue to receive support around the 1,800–1,840 area to re-test supply and demand before a clearer trend signal emerges.

• US Market: In the Jan 28 session, Wall Street fluctuated strongly as the Fed kept interest rates unchanged. The S&P 500 briefly pierced the 7,000 points mark during the session but closed only slightly changed around 6,978 points (down ~0.01%). The Dow Jones edged up ~0.02% to ~49,015 points, and the Nasdaq Composite rose ~0.17% to ~23,857 points, reflecting that buying power in the tech and chip sectors remains, even as the broader market remains cautious and moves sideways around historical highs while awaiting earnings results and clearer policy signals.

2. Forex:

• EUR/USD: Dominant trend is Bullish. Daily resistance: 1.20400; Daily support: 1.18600. Consider Long positions if price breaks the daily resistance zone.

• USD/CHF: Dominant trend is Bearish. Daily resistance: 0.77700; Daily support: 0.76100. Consider Short positions if price breaks the daily support zone.

3. Gold:

• Performance: After the terrifying "Blue Sky Breakout" that pushed the price to a historical peak of $5,207 yesterday, Gold is currently experiencing a healthy profit-taking and technical correction phase this morning. The price is trading around the $5,175 - $5,180 zone.

• Structure: Despite the correction, the Parabolic Trend structure remains absolutely unthreatened. This is merely a "changing of hands" among investors: those who bought low are taking profits, making way for new cash flow to enter. The old resistance zone that was broken at $5,100 - $5,120 has now become an extremely important "concrete floor" support below.

4. Oil:

• XTI/USD: Dominant trend is Bullish. Daily resistance: 65.10; Daily support: 60.70. Consider Long positions if price breaks the daily resistance zone.

5. Bitcoin:

• Performance: While Gold rests, Bitcoin seems to be stealing the spotlight. After days of accumulation creating higher lows, BTC made a significant push this morning, surpassing the psychological $90,000 mark and is currently trading around $90,250.

• Structure: The price structure has shifted to clearly positive. Breaking the $90k resistance (if H4 closes decisively above this level) will confirm the accumulation pattern is complete and open the door to higher levels.

RECOMMENDATIONS:

1. BTC:

• Sell (Sell Stop): 87,900

• Stop Loss: 89,162

• Take Profit: 85,977
  

2. EUR/USD:

• Sell Stop: 1.19500

• Stop Loss: 1.19900

• Take Profit: 1.18700
  

NOTABLE EVENTS TODAY:

DISCLAIMER:

• The above analysis represents the personal views of analyst Leon from Lotus and does not constitute 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 firm.

• Lotus does not accept capital management for students.

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