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 with :

  • S&P 500 likely resuming downtrend, support at 4,195
  • Nasdaq 100 support at 14,505 and 14,254
  • EuroStoxx 50 downtrend bouncing from 3,980 support
  • DAX bouncing from 14,675
  • AEX25 bouncing from 710. Range bound likely
  • BEL20 looking at 3,250
  • CAC40 bouncing from support at 6,795
  • SMI20 eyeing 10K
  • Time 4.22
  • EURUSD rejected at 1.07. RSI is key
  • EURGBP rejected at 0.8735 – having another go?
  • GBPUSD rebounding. Failing to build uptrend?
  • USDJPY rejected at 150.16
  • EURJPY rejected at strong resistance at 159.75
  • AUDJPY rejected at 95.85
  • USDCAD breaking bullish
  • EURSEK resuming uptrend. New highs in the cards
  • EURNOK resuming uptrend. New highs in the cards
  • The dollar Index testing key support at 105.35
  • Time 9.21
  • Gold strong resistance at 1,985. Expect correction possibly to 1,945-1,925
  • Silver key resistance at 23.78. Expect minor correction
  • Copper once again bouncing from key strong support at 354.50
  • WTI and Brent oil sold off to Fibonacci retracement levels. Can the bounce back or has the tide turned?
  • 10-year Treasury yields correction should be expected. 4.70?

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

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