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 – now with time stamps:

  • S&P500.  Key resistance at 4,540. Support 4,340
  • Nasdaq 100 key resistance at 15,561. Support 15,138
  • European Indices bounced strongly but still in range
  • DAX Key support at around 15,482. 16,060 resistance
  • AEX25 key strong support at 730. 750 Resistance
  • BEL20 above resistance at 3,696 but below 200 MA
  • CAC40 key support at 7,083. Key resistance at 7,405
  • Time 2.10
  • EURUSD Key strong support at 1.0635 support
  • EURGBP above falling trendline. Potential to 0.87
  • GBPUSD downtrend. Support at 1.23
  • USDJPY breaking range resuming uptrend
  • EURJPY still range bound. Testing lower support
  • AUDJPY broken above resistance at 95.00. Next 95.85
  • AUDUSD could be building uptrend to 0.6550-0.66
  • Dollar Index uptrend stretched. Strong resistance at 105.80
  • Time 6.38
  • Gold Range bound 1,900-1,950
  • Silver bouncing from 22.15 support. Could bounce to 23.50
  • Copper rejected at 382 Pivot resuming downtrend.
  • Brent and WTI crude correction started. Brent 90.60 WTI to 87.60
  • US 2 and 10-year Treasury yields highest close in a decade. 10-year eyeing 4.48

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