News

Release Time: 10:00 AM, July 23, 2025
Issued by: Mr. Leon

MARKET OVERVIEW

1. Stock Market:

• Vietnam Market:
  VN-Index rebounded sharply from the 1,475–1,480 support zone and broke through the 1,500 mark. Liquidity declined, indicating supply cooling off, while capital flow spread across sectors. The sustained breakout above the resistance zone signals a continued bullish trend. The index is expected to extend its rally toward the previous 2022 peak around 1,536 points.

• US Market:
  S&P 500 rose +0.14% to 6,305.60, Nasdaq climbed +0.38% to 20,974.18 – both setting new record highs. Meanwhile, the Dow Jones edged down -0.04% to 44,323. Key drivers included positive earnings from Verizon (+4%), Cleveland-Cliffs (+12%), and anticipation around Big Tech earnings this week – especially Alphabet (+2.7%).

Short-term Strategy: Consider buying leading tech stocks (Alphabet, Microsoft) during minor pullbacks ahead of earnings season.

2. Forex:

• USD/JPY: Short-term bullish – consider long positions. Daily support: 146.600

• GBP/USD: Short-term bearish – consider short positions. Daily support: 1.35340

3. Gold:
   Spot gold trades around $3,423–$3,426/oz, down 0.2% today as market sentiment improved after a US–Japan trade agreement. However, further downside is limited due to a weaker USD and declining bond yields.
   Summary: Gold remains stable near $3,423, with little volatility amid weak supply-demand signals.

4. Oil:
   XTI/USD: Short-term bullish – consider long positions. Daily support: 66.10

5. Bitcoin:

• Current Price: $119,139, up +$1,966 (+1.7%) from yesterday

• Daily Range: $116,751 – $120,256

• News: BTC approached its mid-July all-time high of ~$123,000 before a slight correction due to institutional capital outflows from ETFs and market anticipation of Fed Chair Powell’s comments.

RECOMMENDATIONS

1. USD/JPY

• Short-term uptrend

• Buy at: 146.915

• Stop loss: 146.565

• Take profit: 147.615
  

2. Vietnam Stock – FPT
   Buy Recommendation (July 23, 2025):

• Entry: 110,500 – 112,500 VND

• Target 1: 120,000 VND

• Target 2: 130,000 VND

• Stop loss: 105,900 VND
  

KEY EVENT TODAY

• 9:00 AM – USD: Existing Home Sales

DISCLAIMER

• The above analysis reflects the personal opinion of Mr. Leon from Lotus and should not be taken as investment advice.

• Lotus only provides technical analysis and trading education.

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

• Lotus does not manage client funds.