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Technical analysis

Cramer's Corner: Daily Technical Update Nvidia, DAX all-time highs, EURUSD correction, CHF moves

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 down below key level at 118
  • S&P 500. Bearish engulfing top and reversal intact
  • Nasdaq top and reversal, likely to resume down trend
  • EuroStoxx50 likely to reach 5K
  • DAX new all-time highs at 18,780
  • AEX25 resistance at 927
  • CAC40 upside potential to 7,725
  • SMI20 testing all-time highs
  • Time 5.27
  • EURUSD correction close to support at 1.1045
  • EURGBP likely to find support around 0.84
  • GBPUSD correction could unfold down to 1.3060
  • USDJPY finding some support could bounce
  • EURJPY hovering around key support at 160.55
  • AUDJPY range bound 99.20-96.75
  • GBPJPY range bound 192-189.30
  • AUDUSD bullish, correction if breaking below 0.6760
  • USDCAD support at 1.3440, likely bounce
  • EURCHF at 0.618 retracement at 0.9355
  • USDCHF bouncing from 0.84
  • Dollar Index bouncing from support at 100.32
  • Time 12.11
  • Gold struggling for further upside momentum. Support 2,484
  • Silver above 29.45 resist, but RSI still negative
  • Copper breaking above 422.35
  • WTI and Brent Crude oil volatile in tighter range, bouncing from supports
  • US 10-year T-yields support at 3.79

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

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