News

Release Time: 10:00 AM, June 05, 2025 Issuer: Mr. Leon
MARKET OVERVIEW

1. Stock Market:

   • Vietnam Market: The market is cautious around the 1,350 point mark with reduced liquidity, indicating a probing stance from both buyers and sellers. The lack of a decisive breakthrough suggests that a sideways trend may continue. If the 1,345–1,350 point range is successfully breached with good liquidity, the upward trend will be consolidated and extended.
   • US Market: The US stock market on June 4, 2025, saw mixed movements. The Nasdaq Composite continued to rise slightly, while the S&P 500 remained largely flat and the Dow Jones Industrial Average saw a slight decline. This indicates a pause after a recent strong rally, as investors await further information on economic conditions and Fed policy.

2. Foreign Exchange:

   • GBP/USD: Short-term bearish trend. Today, selling positions can be considered. Daily resistance: 1.35600.
   • USD/JPY: Short-term recovery and upward trend. Today, buying positions can be considered. Daily support: 142.700.

3. Gold:

   • Current Price: ~$3,366 – $3,377 USD/ounce
   • Increase from Yesterday: +$27 to +31 USD (~+0.8–1%)
   • Main Reasons:
     • USD weakened against major currencies after information from the Federal Reserve (Fed) about the possibility of maintaining interest rates for longer.
     • Safe-haven demand increased again as the market worries about instability from trade tariff negotiations among the US, China, and the EU.

4. Oil:

   • XTI/USD: Long-term bearish trend, short-term trend unclear. Limit trading today.

5. Bitcoin:

   • Current Price: ~$104,800 – $105,300 USD
   • 24-hour Performance: Slight decrease of –0.6%, trading in a narrow range.
   • Main Reasons:
     • The market is awaiting clear signals from US monetary policy; there's no strong enough catalyst to break the range.
     • Liquidity slightly weakened; 24-hour trading volume decreased to ~$44 billion USD.
     • Investor sentiment remains positive due to expectations of an upcoming Ethereum ETF approval (indirectly affecting BTC).

ACTION PLAN

1. EUR/USD:

   • Trend: bullish
   • Recommendation: Buy at 1.14127, stop loss 1.13521, take profit 1.15379
   • 

2. Vietnam Stocks: HCM

   • Recommendation: BUY HCM (05/06/2025), entry price 25,700 - 26,300 VND, target 1: 28,000 VND, target 2: 30,500 VND, cut loss 24,900 VND.
   • 

NOTABLE EVENTS TODAY:

• 19:15 - EUR: MAIN REFINANCING RATE
• 19:30 - USD: UNEMPLOYMENT CLAIMS
• 19:45 - EUR: ECB PRESS CONFERENCE

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 company or asset management company.
• Lotus does not manage students' funds.