Cramer's Corner: Daily Technical Update
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 New all-time highs
  • S&P 500. Top and reversal pattern
  • Nasdaq 100 Top and reversal pattern
  • EuroStoxx50 correction unfolding, key support 4,888
  • DAX. Correction, support around 18,191
  • AEX25 reached target at 917, correction possibly below 900
  • CAC40 Correction. Key support at 7,900
  • SMI20 correction testing 11,800 support
  • Time 3.41
  • EURUSD rejected at 1.0885.
  • EURGBP breaking key support at 0.85
  • GBPUSD spiked to 1.28, got rejected
  • USDJPY Resist at 157. Still bullish potential to 158.45
  • EURJPY resist at 170, upside to 171.65
  • AUDJPY uptrend stretched but intact. 105 resistance
  • GBPJPY narrow rising channel, uptrend stretched, ex potential to 200.65
  • AUDUSD uptrend but struggling
  • USDCAD still above the Cloud upside potential to 1.3850-1.39
  • EURCHF eyeing par 1.00 but seems to be running out of steam
  • USDCHF caught range bound 0.90-0.92
  • Dollar Index bouncing from 200 DMA
  • Time 10.18
  • Gold rebound lacking strength
  • Silver resistance at 32.52
  • Platinum rejected at 0.618 retracement at 1,066
  • Copper rebound from support at 474.50
  • WTI above resist at 84.75, could continue higher from 76.60, minor resistance at 80.60
  • Brent Crude support around 81.42-80.72
  • US 10-year T-yields broken bullish above 4.53

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