Equities webinar with Peter Garnry
Technical analysis

Cramer's Corner: Daily Technical Update

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:

  • S&P 500 uptrend intact until close below 4,845 but correction could be unfolding
  • Nasdaq 100. Around rising trendline. Key support at 17,128
  • EuroStoxx50 top and reversal support at 4,619
  • DAX a close below 16,821 correction unfolding
  • AEX25 likely peaking. Exhaustion gap Is key
  • BEL20 above support at 3,609above and below falling trendline
  • CAC40. Struggling for momentum. Top and reversal still in place
  • SMI20 bouncing from support around 11,057
  • Time 4.35
  • EURUSD below key support at 1.0730, likely move to 1.0660
  • GBPUSD likely testing 1.25
  • USDJPY broken above key resist at 148.80 and 149.75, next 152
  • EURJPY above resist at 161, minor resist at 161.90
  • AUDJPY resistance at 97.80
  • GBPJPY breaking above resistance around 189
  • AUDUSD bearish likely move to 0.64
  • USDCAD breaking bullish range bound above 1.3545, likely move to 1.3624
  • USDCHF above resist at 0.8820, likely testing 0.89
  • Dollar Index above 104.27 no strong resistance until 105.56-105.83
  • Time 8.40
  • Gold below 2K could drop to 1,975-1,930
  • Silver testing 21.90 support
  • WTI Crude oil bouncing from rising trendline strong resist at 79.77
  • Brent bouncing from rising trendline strong resist at 84.75
  • US 10-year T-yields broken resistance at 4.20. Double bottom confirmed. Potential to 4.38 possibly 4.50

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

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