Cramer's Corner: Daily Technical Update with Palantir and JPY focus
Technical analysis

Cramer's Corner: Daily Technical Update with Palantir and JPY focus

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:

  • Palantir down 9% after earnings
  • S&P 500 Above resistance at 5,146. Support 4,953.
  • Nasdaq 100 above 17,808 key resist. Above 18K bullish
  • EuroStoxx50 Resist at 5,053, Key support at 4,888
  • DAX. Key resistance at 18,192. Support at 17,620
  • AEX25 above key resistance at 883. Could move to 908
  • CAC40 resistance at 8,126. Key support at 7,875 and 7,812
  • SMI20 above resistance at 11,379, could sell off to 11K
  • Time 4.13
  • EURUSD likely to slide back
  • GBPUSD likely sliding back
  • JPY pairs correction over rebound across the board
  • USDJPY bouncing from 0.618 retracement. Likely bullish move to 157
  • EURJPY bounced from 0.786 retracement. Potential to 168.75
  • AUDJPY rebounded to 0.50 retracement.
  • GBPJPY bouncing from rising trendline. Reversal pattern
  • AUDUSD rejected at 0.6640 resistance likely resuming bear move
  • USDCAD tested key support at 1.3618
  • USDCHF key support at 0.90
  • Dollar Index closed above strong support at 104.84
  • Time 8.35
  • Gold bids holding Gold above 2,280. Resuming uptrend?
  • Silver rebound to 0.382 retracement. Likely moving higher
  • Copper resuming uptrend?
  • WTI support at rising trendline
  • Brent Crude below rising trendline support at 81.40
  • US 10-year T-yields support at 4.47. Strong support at 4.34

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