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:
- Apple top and reversal
- S&P 500. 5,500 in sight. Volume back
- Nasdaq 19,500 in sight
- EuroStoxx50 range bound 5,100-4,950
- DAX. Rebound failing
- AEX25 uptrend running out of steam, target at 930-935
- CAC40 Weak. Key support at 7,914
- SMI20 trend exhaustion? Top and reversal pattern
- Time 5.00
- EURUSD dipped to 0.618 retracement. RSI positive still
- EURGBP below 0.85 key strong support
- GBPUSD range bound 1.2670-1.2820
- USDJPY trying to push higher towards 158.50-159
- EURJPY Could be range bound 170.90-168.20
- AUDJPY rebounding from key support 102.80
- GBPJPY rebounding from 197.21, now key support. Resist at 200.65
- AUDUSD testing support at 0.6580-0.6558
- USDCAD bullish, resist at 1.3785, upside potential to 1.3850
- EURCHF below key support at 0.9675. Next 0.96
- USDCHF bounce from key support at 0.8880, testing 0.8990
- Dollar Index testing resist at 105.38
- Time 11.11
- Gold dropped below 2,314 now resistance level. Next support at 2,277
- Silver collapse below 30. Sell off to 28.50?
- Platinum sell-off below 974.50, could drop to 941
- Copper trading around 450. Battle between Bulls and Bears
- WTI rebounded to 0.618 retracement could push to 78.88
- Brent Crude rebounded from 76.85, could push to 83.25. RSI negative
- US 10-year T-yields bottom and reversal, upside to 4.50-4.55
- US 2-year T-yields bounced from key support at 4.65
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