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. Rejected at 4,527 resistance. Key support at 4,340. RSI rejected at 60
  • Nasdaq 100. Uptrend in jeopardy. 15,523 resistance is key. RSI still rejected at 60
  • Hang Seng back below 18,562. Resuming downtrend
  • DAX Resumed downtrend. Key resistance at 16,060. Key support at 15,482
  • AEX25 in down trend. Support at 730
  • BEL20. Key support at 3,550. Rejected at strong resistance 3,696
  • CAC40 Resuming downtrend. Key support at 7.083  
  • EURUSD Downtrend resumed eyeing 1.0690-1.0630 support area
  • Dollar Index resumed uptrend. Taking out minor resistance at 104.39. Next 105.80
  • GBPUSD downtrend taking out support
  • USDJPY taking out strong resistance at 146.55. Room to 149-150
  • EURJPY Range bound 156.85-159.75
  • AUDJPY Range bound. Strong resistance at 95.85
  • GBPJPY range bound 183.35-186.65
  • AUDUSD breaking lower. Eyeing 0.6185?
  • Gold rejected at resistance at 1,947.
  • Silver Will 0.618 Fibo retracement hold?
  • Copper hovering around 382 Pivot. Could drop to 370
  • Brent short- and medium-term uptrend but short-term uptrend stretched
  • WTI uptrend similar picture
  • US 10-y Treasury yields rebounding from 4%. Resuming uptrend

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