Cramer's Corner: Daily Technical Update with Tesla and Nvidia. JPY pairs sell-off
Technical analysis

Cramer's Corner: Daily Technical Update with Tesla and Nvidia. JPY pairs sell-off

Kim Cramer Larsson
Technical Analyst, Saxo Bank Group

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:

  • Tesla and Nvidia testing key resistance levels
  • S&P 500. Above 5,505, could resume uptrend
  • Nasdaq bounced from support at 18,654, resistance at 19,472
  • EuroStoxx50 bounced from key support at 4,775
  • DAX. Caught range bound
  • AEX25 key resistance at 930
  • CAC40 still bearish 
  • SMI20 above 12,151
  • Time 4.30
  • EURUSD holding on above 1.08
  • EURGBP around 0.8425
  • GBPUSD could correct to 1.2780
  • USDJPY dipped below key support at 140.20
  • EURJPY below support at 162.30, next 160.38
  • AUDJPY support at 97
  • GBPJPY support at 191.35
  • AUDUSD spiked to support at 0.6475
  • USDCAD correction could be over uptrend to resume
  • EURCHF around 0.95, could test 0.9465 support
  • USDCHF support at 0.8730
  • Dollar Index bearish support at 103.35 and 102.92
  • Time 12.18
  • Gold bullish with potential to new all-time highs
  • Silver bounced from support at 27.40
  • Copper bouncing, could push to 428-430
  • WTI bounced from 0.786 retracement
  • Brent Crude bounced from 0.786 retracement
  • US 10-year T-yields likely to test 4%. Strong support around 3.85
  • US 2-year T-yields  no support until 4%

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