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:
- Apple closing in on all-time highs just below 200
- S&P 500. Bounce from 0.382 retracement at 5,193. Top and reversal still intact
- Nasdaq 100 Bounce from 0.382 retracement at 18,169
- EuroStoxx50 correction unfolding. Still above Cloud key support 4,888
- DAX. Correction, support around 18,191
- AEX25 correction possible below 900
- CAC40 rebounded from 7,914, key support at 7,812
- SMI20 new high but struggling to stay up
- Time 4.42
- EURUSD above key resist at 1.0885 potential to 1.0980
- GBPUSD above 1.28 potential to 1.29
- USDJPY correction unfolding likely down to 154.10
- EURJPY uptrend seems in exhaustive mode. Key support at 169
- AUDJPY correction unfolding, support at 102.80
- GBPJPY correction down to 197.20 possibly down to 195.
- AUDUSD uptrend but struggling, correction support at 0.6580-0.6558
- USDCAD range bound 1.3590-1.3750. Upside potential to 1.3850-1.39
- EURCHF testing support at 0.9725
- USDCHF below key support at 0.90
- Dollar Index broken bearish support at 103.68
- Time 11.35
- Gold bounced from 0.786 retracement at 2,314
- Silver Double top ? Downside potential to 28.50
- Platinum Support at 1,015-1,000.
- Copper around key Fibonacci levels. Could drop to 450 level
- WTI massive sell off. Potential to 70
- Brent Crude around support at 77.67, next 76
- US 10-year T-yields testing 0.786 retracement and Cloud bottom at 4.37
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