Market Overview 11/08 – Big Waves Across All Fronts

Release Time: 10:00 AM, August 11, 2025

Issuer: Ms. Jenny

MARKET OVERVIEW

1. Stock Market:

  • Vietnam Market: The market fluctuated around the 1,585-point area but made efforts to rise toward the end of the session, with divergence in mid-cap stocks. Trading volume increased, indicating strong supply-demand contention. However, the 1,585-point level remains a notable resistance that may continue to exert pressure in upcoming sessions.

  • U.S. Market: The Nasdaq Composite recorded its second consecutive record close, rising +3.9% this week thanks to gains in the technology sector. The S&P 500 rose +0.8% in the session, heading towards near-record levels with a total weekly gain of +2.4%. The Dow Jones gained +0.5% in the session, with a total weekly increase of around +1.3%.

2. Forex:

  • EUR/USD: Uptrend; potential to enter long positions today. Daily support: 1.16400.

  • USD/JPY: Downtrend; potential to enter short positions today. Daily resistance: 147.900.

3. Gold:

Gold closed on August 8, 2025, at $3,399.98/oz, up +0.87% from the previous day. On August 10, gold fell about −0.17%, but remains up +1.03% this month and +37% year-to-date.

4. Oil:

  • XTI/USD remains in a strong downtrend; wait for price recovery to add short positions.

5. Crypto:

Bitcoin is currently around $120,271, up +3.16% from the previous session’s close. According to sources such as Bitcoin.com, BTC has surpassed the $118,000 mark, showing strong momentum, with potential to target $131,000 if it breaks the next resistance zone.

MARKET OUTLOOK & TRADE PLANS

1. Vietnam Stock – DBC:

Recommendation: WAIT TO BUY DBC (11/08/2025)
Entry: 30,300 – 31,000 VND
Target 1: 33,500 VND
Target 2: 36,500 VND
Stop-loss: 29,400 VND

2. USD/JPY:

  • Trend: Bearish

  • Recommendation: Sell at 147.550, stop-loss at 148.300, take-profit at 146.000

3. EUR/USD:

  • Trend: Bullish

  • Recommendation: Buy at 1.16655, stop-loss at 1.16305, take-profit at 1.17355

KEY EVENTS TODAY

  • Tentative – CNY – New Loans

  • Tentative – CNY – M2 Money Supply (y/y)

  • 16:00 – EUR – Italian Trade Balance

  • Tentative – USD – Cleveland Fed Inflation Expectations

DISCLAIMER

  • The above analysis represents only the personal view of analyst Jenny from Lotus and is not a basis for actual market participation.

  • Lotus only provides technical analysis and trading education to its students.

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

  • Lotus does not manage funds on behalf of students.