Cramer's Corner: Daily Technical Update Stock of the day: Cyber security Palo Alto Networks
Technical analysis

Cramer's Corner: Daily Technical Update Stock of the day: Cyber security Palo Alto Networks

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:

  • Palo Alto Networks
  • S&P 500. Above key resistance at 5,566, RSI positive
  • Nasdaq above key resistance at 19,539, RSI positive
  • EuroStoxx50 key resist at 4,907
  • DAX closed gaps eyeing previous peaks, resist at 18.557
  • AEX25 closed above key resist at 907 but cannot get momentum
  • CAC40 above key resistance at 7,464
  • SMI20 bullish likely to test all-time highs
  • Time 5.17
  • EURUSD bullish with potential to 1.1140
  • EURGBP likely to slide lower
  • GBPUSD rejected at previous peak at 1.3045
  • USDJPY bouncing from 0.618 retracement
  • EURJPY rejected at 173, key support at 160.55
  • AUDJPY kept itself above 96.75, could push to 99.90
  • GBPJPY support at 187-85, resistance at 191.90
  • AUDUSD bullish potential to 0.68
  • USDCAD bearish support at 1.3590
  • EURCHF rejected at 200 DMA and 0.96 could resume downtrend
  • USDCHF spiked lower  just above 0.85
  • Dollar Index below support at 101.62, next 100.32
  • Time 11.48
  • Gold bullish above 2,500 likely move to 2,550
  • Silver testing 29.45 resist
  • Copper likely to test resistance at 422.35
  • WTI and Brent Crude oil volatile in tighter range, likely test supports
  • US 10-year T-yields testing key support at 3.79

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