News

RELEASE TIME: 10:00 AM, May 19, 2025
Publisher: Ms. Jenny

MARKET OVERVIEW

1. Stock Market

• Vietnam Stock Market:
  The market is undergoing a correction after an extended uptrend, facing resistance around the 1,317-point level. Liquidity has decreased, indicating cautious money flow, while foreign investors have resumed net selling. Although the overall trend remains weak, the market is testing the support zone around 1,300 points. A recovery is expected from the 1,290–1,300 range thanks to buying demand and previously positive developments.

• U.S. Stock Market:
  The U.S. stock market ended last Friday's session (May 16) with a strong weekly performance. The S&P 500 rose by 0.70% to 5,958.38 points, the Dow Jones gained 0.78% to 42,654.74 points, and the Nasdaq Composite added 0.52% to close at 19,211.1 points. The rally was driven by easing trade tensions and some positive economic data, with the technology sector leading the gains. For the week, the S&P 500 increased 5.3%, the Dow Jones climbed 3.4%, and the Nasdaq surged an impressive 7.2%.

2. Forex

• EUR/USD: Uptrend; buy opportunities today. Daily support: 1.11650

• GBP/USD: Uptrend; buy opportunities today. Daily support: 1.32800

• Trend: Short-term uptrend; buy opportunities today. Daily support: 3,200

3. Gold

• Trend: Short-term uptrend; buy opportunities today. Daily support: 3,200

4. Oil

• XTI/USD: Short-term uptrend; buy opportunities today. Daily support: 61.50

5. Crypto: BTC

• BTC/USDT: Uptrend; buy opportunities today. Daily support: 104,000.00

TRADING PLAN & RECOMMENDATIONS

1. Vietnam Stocks: HPG

• Recommendation: WAIT TO BUY MWG (as of May 19, 2025)

• Entry price: 61,000 – 62,500 VND

• Target 1: 66,000 VND

• Target 2: 70,000 VND

• Stop loss: 58,700 VND

2. EUR/USD:

• Trend: Short-term uptrend

• Recommendation: Buy at 1.11849

• Stop loss: 1.11699

• Take profit: 1.12149

KEY EVENTS TODAY

• 9:00 AM – CNY – Industrial Production y/y

• 9:00 AM – CNY – Retail Sales y/y

• 11:30 PM – CHF – SNB Chairman Schlegel Speaks

DISCLAIMER

• The above analysis reflects the personal opinion of analyst Jenny from Lotus and should not be considered as a basis for real trading.

• Lotus only provides technical trading analysis and educational training for learners.

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

• Lotus does not accept fund management on behalf of any learners.