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:

  • Nvidia Support at 115.82
  • S&P 500. Top and reversal pattern.
  • Nasdaq Top and reversal pattern
  • EuroStoxx50 breaking support at 4,942. Key strong at 4,888
  • DAX. Sliding lower. Support at 18,191
  • AEX25 uptrend potential to 940-950
  • CAC40 rebounded from 7,464 strong support, resist at 7,691
  • SMI20 Top and reversal pattern
  • Time 5.31
  • EURUSD key support at 1.0665
  • EURGBP rebounded from 0.84, could test 0.85 but not likely
  • GBPUSD below support at 1.2670
  • USDJPY upside potential to 160.32 April 1992 peak
  • EURJPY upside potential to 173
  • AUDJPY likely to test 107.88 – October 2007 peak
  • GBPJPY potential to 203, maybe even 214 – October 2007 peak
  • AUDUSD bouncing from support at 0.6580
  • USDCAD bullish, resist at 1.3785, upside potential to 1.3850
  • EURCHF broken support at 0.96
  • USDCHF range bound 0.8880-0.8890
  • Dollar Index breaking resistance at 105.38 but struggling for momentum
  • Time 11.43
  • Gold support 2,285, strong resist at 2,388
  • Silver likely to resume downtrend
  • Platinum rebounded to 1,000, 1,015 is key resist
  • Copper key support at 443
  • WTI above resist at 80.60 bullish trend, resist at 83.83
  • Brent Crude uptrend, resist at 83
  • US 10-year T-yields key support at 4.17

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