Equities webinar with Peter Garnry
Technical analysis

Cramer's Corner: Daily Technical Update with ASML

Kim Cramer Larsson
Technical Analyst, Saxo Bank

Summary:  Cramer’s Corner: Daily Technical Update

Kim Cramer Larsson hosts the Daily Technical Update, a daily 8-10 minute video with live charts.
Kim takes you through the latest technical developments in financial markets, covering everything from the major stock indices, widely traded single stocks, commodities, currencies and interest rates

In today’s Technical Update:

  • ASML top and reversal pattern. Ley resistance at 923.30. Key support at 858.10
  • S&P 500 top and reversal below rising trendline, key support at 5,057
  • Nasdaq 100. Top and reversal pattern intact. Support at 17,808
  • EuroStoxx50 top and reversal pattern support at 5,007 and 4,976
  • DAX top and reversal pattern. Testing trendline. Support at 17,900 and 17,620
  • AEX25 top and reversal pattern. Support at 872
  • CAC40. Below key support at 8,100, further sell-off expected
  • SMI20 below support at 11,536
  • Time 4.24
  • EURUSD resumed downtrend with potential to 1.07-1.0660
  • GBPUSD downtrend with potential to 1.2410, support at 1.25.
  • USDJPY broken above resist at 151.95 upside to 156.38.
  • EURJPY failed to reach previous peak at 165.35, could be caught range bound down to 163
  • AUDJPY collapse. Downtrend if below 99.19
  • GBPJPY key support at 190.
  • AUDUSD rejected at 0.6640, likely to test 0.6485 support
  • USDCAD failed to close above 1.3625
  • USDCHF above resist at 0.9108, no resist until 0.9245,
  • Dollar Index correction could be over resuming uptrend
  • Time 9.56
  • Gold top and reversal pattern, correction likely unfolding to 2,281, maybe down to 2,230.
  • Silver correction likely, possibly to 26.80
  • Copper top and reversal pattern, correction likely to 420-410
  • Cocoa higher could reach 11,000
  • WTI Crude reached 1.618 projection at 87.22, potential to 90
  • Brent above resist at 90.50 potential to 93 area
  • US 10-year T-yields likely to move to 4.60-4.70

Follow me for more on SaxoTrader platforms, home.saxo and X (Twitter): Cramers_Corner

Disclaimer

The Saxo Bank Group entities each provide execution-only service and access to Analysis permitting a person to view and/or use content available on or via the website. This content is not intended to and does not change or expand on the execution-only service. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Saxo News & Research and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Saxo News & Research is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Saxo News & Research or as a result of the use of the Saxo News & Research. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. Saxo News & Research does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of our trading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws.

Please read our disclaimers:
Notification on Non-Independent Investment Research (https://www.home.saxo/legal/niird/notification)
Full disclaimer (https://www.home.saxo/legal/disclaimer/saxo-disclaimer)
Full disclaimer (https://www.home.saxo/legal/saxoselect-disclaimer/disclaimer)

Saxo Bank A/S (Headquarters)
Philip Heymans Alle 15
2900
Hellerup
Denmark

Contact Saxo

Select region

International
International

Trade responsibly
All trading carries risk. Read more. To help you understand the risks involved we have put together a series of Key Information Documents (KIDs) highlighting the risks and rewards related to each product. Read more

This website can be accessed worldwide however the information on the website is related to Saxo Bank A/S and is not specific to any entity of Saxo Bank Group. All clients will directly engage with Saxo Bank A/S and all client agreements will be entered into with Saxo Bank A/S and thus governed by Danish Law.

Apple and the Apple logo are trademarks of Apple Inc, registered in the US and other countries and regions. App Store is a service mark of Apple Inc. Google Play and the Google Play logo are trademarks of Google LLC.