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:

  • Intel broken bullish, testing key resistance
  • S&P 500 potential to 5,722
  • Nasdaq potential to 20,483
  • EuroStoxx50 failed to close above 5,000
  • DAX. Rejected at 18,630 resist
  • AEX25 key support at 918.50, pushing towards 950
  • CAC40 key support 7,464. Rejected at key resistance at 7,725
  • SMI20 the range bound 12,182-11,955
  • Time 4.07
  • EURUSD above rejected at 1.0815, resist at 1.0852
  • EURGBP rejected at 0.85, resumed downtrend, support at 0.8425
  • GBPUSD bullish potential to 1.29
  • USDJPY correction possible down to 159 area
  • EURJPY correction likely, possibly down to 171.85
  • AUDJPY could push to 109 but stretched uptrend
  • GBPJPY Uptrend stretched but no strong resist before 214
  • AUDUSD bullish potential to 0.68-0.6870
  • USDCAD wide range 1.3785-1.3590
  • EURCHF minor correction, could push higher to 0.9763-0.9840
  • USDCHF correction likely down to 0.89
  • Dollar Index resistance at 106.33, support at 104.26
  • Time 10.17
  • Gold bullish upside potential to 2,415-2,450
  • Silver upside to 31,67-32,52
  • Platinum above resistance at 1,015
  • WTI rejected at 84.46 resist
  • Brent Crude resist at 89.33
  • US 10-year T-yields rejected at resistance at 4.47

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