News

Release Time: 10:00 AM, May 20, 2025

Publisher: Mr. Leon

MARKET OVERVIEW

1. Stock Market:

• Vietnam Market: The market corrected to the 1,290-point region but quickly recovered, closing above 1,332 points with increased liquidity, indicating active support at lower price levels. The current uptrend signal suggests that the recovery trend is being maintained. The market may continue to test the 1,340-point resistance zone – the peak of March 2025. If surpassed, the uptrend will continue to expand.
• US Market: Major indices such as S&P 500, Dow Jones, and Nasdaq all rose more than 1% after President Donald Trump announced a postponement of the 50% tariff on goods from the European Union until July 9, instead of the original plan of June 1. This move eased concerns about trade tensions, boosting positive sentiment in global markets.

2. Forex

• EUR/USD: Uptrend. Today, long positions can be considered. Daily support: 1.13900.
• USD/JPY: Downtrend. Today, short positions can be considered. Daily resistance: 142.600.

3. Gold:

• Spot Gold Price: Traded at approximately $3,344.68/ounce, down $13.93 from the previous session.
• Reason: World gold prices saw a slight decline due to profit-taking by investors after reaching recent highs.

4. Oil:

• XTI/USD: Downtrend. Today, short positions can be considered. Daily resistance: 61.60.

5. Bitcoin:

• BTC/USD Price: Currently trading around $108,427, down 1.1% in the past 24 hours.
• Market Sentiment: Bitcoin continues to trade stably around $108,000, thanks to the recovery of the cryptocurrency market and optimistic investor sentiment.

PLAN ASSESSMENT

1. USD/JPY

• Trend: Downtrend
• Recommendation: Sell at 142.348, stop loss: 142.348, take profit: 141.748.
• 

2. Vietnam Stock: CTG

• Recommendation: BUY CTG (May 27, 2025), entry price 38,800 - 39,400 VND, target 1: 42,000 VND, target 2: 45,000 VND, cut loss 37,800 VND.
• 

NOTABLE EVENTS TODAY:

• 7:00 AM - JPY: BOJ GOV Ueda Speaks

DISCLAIMER

• The above analysis represents only the personal views of analyst Leon from Lotus and should not be used as a basis for actual market participation.
• Lotus only provides technical trading analysis and trading knowledge training for its students.
• Lotus does not represent any securities companies or asset management companies.
• Lotus does not manage students' funds.