News

Release Time: 10:00 AM, July 22, 2025
Published by: Mr. Tony

MARKET OVERVIEW

1. Stock Market:

• Vietnam Market: The market is undergoing a correction after an attempt to surpass the 1,500-point level, with liquidity remaining high—indicating strong profit-taking pressure while supportive capital inflow is cooling down. The corrective trend may continue to rebalance after a rapid rally. However, the 1,460–1,475 zone is expected to act as support, providing an opportunity for the market to retest the 1,500-point resistance.

• U.S. Market: Continued positive momentum as the S&P 500 rose 0.1% to close at 6,305.60 points and the Nasdaq advanced 0.4% to 20,974.17 points, both setting new record highs, while the Dow Jones dipped slightly by 0.04% to 44,323 points. The gains were fueled by strong earnings reports from Verizon (+4%) and Cleveland-Cliffs (+12%), along with growing expectations that the Fed may cut interest rates in September—currently priced in at around 58%. Investors are now focused on major tech earnings this week, including Alphabet and Tesla.

2. Forex:

• USD/JPY: Short-term uptrend today; buy positions may be considered. Daily support: 147.100

• GBP/: Short-term downtrend today; sell positions may be considered. Daily resistance: [incomplete in source]

3. Gold:

Spot gold is trading around $3,365.40/oz, up about +0.32% compared to the same time yesterday.
Overall range: fluctuating between $3,360–3,370/oz, with low volatility, reflecting steady demand. The U.S. dollar and bond yields remain key influences.

4. Oil:

XTI/USD remains in a downtrend; short positions can be considered today.
Resistance: 67.00

5. Crypto:

Current price: approximately $117,580, down slightly by –$425 (–0.36%) from the start of the session.
Intraday range: 116,767 – 119,524 USD.
Bitcoin is undergoing a mild correction below the 120k USD resistance, reflecting profit-taking pressure at high levels. However, the medium-term uptrend remains intact, and institutional capital has not yet exited entirely.

TRADE SETUPS

1. EUR/GBP

• Trend: Bullish

• Recommendation: Buy at 0.86700

• Stop Loss: 0.86500

• Take Profit: 0.87000

• 

2. Vietnam Stock – HCM

• Recommendation: BUY HCM (22/07/2025)

• Entry Price: 23,100 – 23,800 VND

• Target 1: 25,500 VND

• Target 2: 27,500 VND

• Stop Loss: 22,200 VND

• 

KEY EVENTS TODAY

5:45 AM – NZD

• Trade Balance: Actual: 142M | Forecast: 1.02B | Previous: 1.082B

8:30 AM – AUD

• Monetary Policy Meeting Minutes

1:00 PM – GBP

• Public Sector Net Borrowing: Actual: £17.4B | Forecast: £17.7B

4:15 PM – GBP

• BOE Governor Bailey Speaks

7:30 PM – USD

• Fed Chair Powell Speaks

9:00 PM – USD

• Richmond Manufacturing Index: Actual: -2 | Forecast: -7

DISCLAIMER

• The above analysis reflects the personal views of analyst Tony from Lotus and should not be considered as a basis for actual trading decisions.

• Lotus only provides technical trading analysis and trading education for students.

• Lotus is not affiliated with any securities company or asset management firm.

• Lotus does not manage client funds.