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 still uptrend but looks toppish. key support at 5,030
- Nasdaq 100 closing gap ? Support at 17,808 and 17,478
- EuroStoxx50 uptrend could it reach 5K??
- DAX uptrend could have exhausted
- AEX25 uptrend intact despite being very strechted
- CAC40. Uptrend stretched looks toppish. Could it test 8K?
- SMI20 uptrend potential to resistance at 11,616
- Time 3.40
- EURUSD range bound 1.08-1.09
- GBPUSD breaking range bound 1.2535-1.27. A move to 1.2775 possibly 1.2828
- USDJPY range bound 249.20-150.90
- EURJPY uptrend intact after correction. Likely to resume bullish move
- AUDJPY seems to be finding support at 87.30, could resume uptrend
- AUDUSD hovering around 0.6520 downtrend intact
- USDCHF rejected at key resist at 0.89
- USDCAD above 100 DMA likely move to 1.3625. Rising wedge?
- Dollar Index key support at 103.13
- Time 8.22
- Gold broken rejected at previous all-time highs but medium-term expect higher levels
- Silver above 23.50. Rejected at Cloud
- WTI oil above key resistance confirming uptrend with potential to 87-90, resistance at 82.56
- Henry Hub gas touched USD 2. Could soon resume downtrend
- 10-year T-yields testing support at 4.11
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