Equities webinar with Peter Garnry
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:

  • S&P 500 new high, eyeing 5K but RSI divergence
  • Nasdaq 100. Resuming uptrend but RSI divergence
  • Hang Seng above 16K but overhead resistance and indicators not supporting a bullish trend
  • EuroStoxx50 top and reversal, likely correction
  • DAX struggling at 17K
  • AEX25 uptrend stretched just below 830
  • BEL20 falling channel. Support 3,609
  • CAC40. Range bound support at 7,553
  • SMI20 top and reversal pattern, could test support at 11,057
  • Time 3.53
  • EURUSD testing key strong support 1.0730
  • GBPUSD broken bearish range bound 1.2610-1.2775. Support at 1.25
  • USDJPY testing key resistance at 148.80
  • EURJPY key strong support at 158.55. Likely range bound
  • AUDJPY bouncing from rising trendline and support at 95.80 but sideways
  • GBPJPY sideways cannot find direction
  • AUDUSD closed below 0.6520, SHS pattern could unfold
  • USDCHF breaking falling trendline, potential to 0.8820
  • Dollar Index closed resistance at 104.27 further upside should be seen
  • Time 7.09
  • Gold rejected 2,064 once again. Key support 2K
  • Silver Range bound between 23.50 – 200 DMA -support at 21.90
  • Copper around 375
  • WTI Crude oil testing rising trend line could drop to 70 or lower
  • Brent below rising trendline and below the Cloud. Could drop to 75-72
  • 10-year T-yields bouncing off lows back above 4% . key resistance at 4.20. Future testing key support at 110 26/32

Follow me for more on SaxoTrader platforms, home.saxo and X (Twitter): Cramers_Corner

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