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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&P500 downtrend. Testing support at 4,328
  • Nasdaq 100 downtrend. Testin key support at 14,687
  • Dow Jones closed just above key support 34,029
  • Hang Seng finding support at 15,573. Bullish engulfing bottom and reversal candle
  • DAX Key support at around 15,482
  • AEX25 closed below key strong support at 730. Below next at 716
  • BEL20 range bound 3,632-3,728
  • CAC40 key support at 7,083. Key resistance at 7,405
  • Time 4.00
  • EURUSD Testing key support at 1.0635 support. Downtrend stretched
  • EURGBP uptrend to 0.87 resistance potential to 0.88
  • GBPUSD downtrend below support at 1.23
  • USDJPY uptrend 149-150
  • EURJPY range bound 156.85-159.75
  • AUDJPY uptrend but struggling to break 95.85. Having another go?
  • AUDUSD range bound
  • GBPJPY initiating down trend
  • The dollar Index uptrend stretched correction looming but still room to 105.80.
  • Time 8.05
  • Gold range bound 1,900-1,950
  • Silver very volatile. Can it break above 24?
  • Copper bounce from 632 support
  • Brent oil correction to 90.62. Possibly down to 87.30
  • WTI correction to 87.58. Possibly down to 83.75
  • 10-year Treasury yields highest close in a decade. Could reach 4.55

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


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