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:

  • S&P 500 resuming uptrend? Bear trend below 4,682
  • Nasdaq 100. Uptrend resuming. Key support at 16,166
  • EuroStoxx50 below support at 4,483, next 4,384
  • DAX resuming uptrend? Key support at 16,470
  • AEX25 below support at 781, next 765
  • BEL20 in rising channel
  • CAC40. Still closing above key support at 7,405
  • SMI20 failing to close above 11,245
  • Time 4.57
  • EURUSD range bound 1.0875 – 1.10
  • GBPUSD rejected at 1.28. Support 1.2610 and 1.25
  • USDJPY failed to above key resistance at 144.95
  • EURJPY spiked above resistance at 158.55 but failed to close above
  • AUDJPY key resistance at 97.58 support at 95.80
  • GBPJPY testing key resistance at 184.30
  • USDCHF trading range 0.8578 – 0.8455
  • Dollar Index spiked to 0.618 retracement. Breakout of range 102.83-101.62 needed
  • Time 8.04
  • Gold bouncing from 0.618 retracement at 2,017
  • Silver holding on above 23
  • Platinum XPTUSD could drop to 0.618 retracement at 937 before correction done
  • Copper below support at 382 but above 200 DMA
  • WTI Crude oil rejected at upper falling trendline
  • Brent rejected at 0.618 retracement at 79.08
  • US 10-year 10-year Treasury yields rejected at 4.10 resistance

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