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:

  • Nvidia higher After Market could cancel top and reversal pattern
  • Hang Seng Breaking bullish could move to 17K
  • S&P 500 uptrend intact despite RSI divergence until close below 4,845
  • Nasdaq 100 closed just above support at 17,478 uptrend intact
  • EuroStoxx50 higher. Can it reach 5K?
  • DAX bullish potential to 17,700
  • AEX25 higher potential to 878
  • BEL20 struggling for upside momentum
  • CAC40 testing 7,900 eyeing 8K
  • SMI20 rejected at previous peak resistance
  • Time 5.49
  • EURUSD short-term upside momentum to 1.0865
  • GBPUSD range bound 1.2530-1.27 but could resume downtrend
  • USDJPY uptrend but struggling for upside momentum, support at 149.75
  • EURJPY towards 163.30-164.20
  • AUDJPY above 2022 peak potential to 99.40
  • GBPJPY breaking above resistance around 189
  • AUDUSD above minor at 0.6545 could move to 0.6525 resistance
  • USDCHF losing upside momentum could dip to 0.87
  • Dollar Index breaking below rising trendline turning bearish support at 103.13
  • Time 10.04
  • Gold testing 0.618 retracement at 2,035. Could move to 0.786 at 2,048
  • Silver failing to establish uptrend
  • Copper strong bounce but can it hold up?
  • WTI rejected at key resistance at 79.77
  • Brent Crude oil still well below its key resistance at 84.75
  • Henry Hub gas bottom and reversal pattern could bounce to 1.92
  • Dutch Gas maybe finding some solid ground
  • US 10-year T-yields range bound 4.20-4.30. Upside potential to 4.38-4.44

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.