Cramer's Corner: Daily Technical Update
Technical analysis

Cramer's Corner: Daily Technical Update

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:

  • S&P500 downtrend. Rejected at 4,328.  Towards 4,200.
  • Nasdaq 100 downtrend. Towards support at 14,254
  • DAX downtrend Next support at 14,933. Resistance at 15,483
  • AEX25 closed below key strong support at 730. Below next at 716-710. Strong resist at 750
  • BEL20 below support at 3,551. Next 3,479
  • CAC40 short-term bounce
  • Time 3.23
  • EURUSD dipping lower. Down trend very stretched. Minor support at 1.0438 area
  • EURGBP rejected at 0.87 resistance potential to 0.88
  • GBPUSD strong support at 1.20
  • USDJPY Rising wedge but eyeing 152
  • EURJPY range bound 156.85-159.75
  • AUDJPY lost upside moment back below 95.85
  • AUDUSD lower towards strong support 0.6185
  • GBPJPY initiating down trend
  • The dollar Index correction over. Towards 107.90
  • Time 8.52
  • Gold no support until 1,800
  • Silver taken out key support at 22.15. 19.90 next
  • Copper below key support at 362.70. Next 354.50 support
  • Brent oil below support at 91.80. Could drop to 88.20
  • WTI testing support at 88.20
  • Henry Hub Gas rejected at 3.00. Range bound
  • 10-year Treasury yields higher. No resistance until 5.25%. Not seen since 2007

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