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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 with Tesla:

  • Tesla bullish resistance at 198.87, 204 and 207.83
  • S&P 500. Top and reversal pattern could be cancelled.
  • Nasdaq Reversal pattern could be cancelled. Support at 19,347
  • EuroStoxx50 breaking resistance at 4,949
  • DAX. Support at 18,191
  • AEX25 uptrend potential to 940-950
  • CAC40 resuming downtrend, key support 7,464
  • SMI20 Range bound 12,182-11,955
  • Time 4.11
  • EURUSD key support at 1.0665
  • EURGBP resuming downtrend likely to test 0.84 but strong support at 0.8430
  • GBPUSD reversal pattern cancelled, downtrend but positive RSI
  • USDJPY above resist at 160.32. Stretched but could continue
  • EURJPY upside potential to 173
  • AUDJPY likely to test 107.88 – October 2007 peak. Will it form top pattern?
  • GBPJPY No strong resist before 214, but likely correction earlier
  • AUDUSD bouncing from support at 0.6580. Resist at 0.6715
  • USDCAD bullish, resist at 1.3785, upside potential to 1.3850
  • EURCHF closed above 0.96 could push to 0.9675
  • USDCHF range bound 0.8840-0.8990
  • Dollar Index resistance at 106.33
  • Time 10.43
  • Gold support 2,285, strong resist at 2,388
  • Silver testing support at 28.70
  • Platinum key resistance at 1,015
  • Copper below key support at 443, could drop to 424-416
  • WTI above resist at 80.60 bullish trend, resist at 83.83
  • Brent Crude uptrend, resist at 83
  • US 10-year T-yields rebounding resistance at 4.47

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

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