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:

  • Nvidia New all-time highs. Lost steam
  • 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 600
  • CAC40 Correction. Support at 8,042 and 7,983
  • SMI20 correction likely down to 11,800-11,720
  • Time 5.50
  • EURUSD rejected at 1.0885. Uptrend intact though. Support at 1.0782
  • GBPUSD hovering around 1.2710. RSI. Upside potential to 1.28. support 1.26
  • USDJPY Resist at 157. Still bullish potential to 158.45
  • EURJPY resist at 170, upside to 171.65
  • AUDJPY correction likely, key support at 102.80
  • GBPJPY narrow rising channel, uptrend stretched, upside potential to 200.65
  • AUDUSD uptrend but struggling, correction support at 0.6580-0.6558
  • USDCAD broken above upper falling trendline. Upside potential to 1.3850-1.39
  • EURCHF eyeing par 1.00. Can it reach it?
  • USDCHF RSI needs to close back above 60
  • Dollar Index above at 104.84, resuming uptrend?
  • Time 11.09
  • Gold rejected at 2,450, correction could dip to 2,314
  • Silver could bounce from here
  • Platinum correction. Support at 1,015-1,000. Still bullish
  • Copper Missed in the video but correction reached 0.618 retracement at 474.50. Could bounce from there?
  • WTI testing 76.60. Next 74.65
  • Brent Crude support around 81.42-80.72
  • US 10-year T-yields rebounding from 0.786 retracement at 4.29. Resist at 4.53

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