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. Top and reversal pattern
- Nasdaq 100 Top and reversal pattern
- EuroStoxx50 correction unfolding, key support 4,888
- DAX. Rebounding, could it make new high? support around 18,191
- AEX25 Toppish but strong uptrend
- CAC40 bounced from support at 8,042
- SMI20 correction likely down to 11,800-11,720
- Time 3.28
- EURUSD bounced from 100 DMA, could test resist at 1.0885, potential to 1.10
- EURGBP key strong support at 0.85
- GBPUSD Upside potential to 1.28. support 1.26
- USDJPY Resist at 157. Still bullish potential to 158.45 but could hit by correction
- EURJPY stretched upside to 171.65
- AUDJPY range bound 102.80-104.60
- GBPJPY rising channel, uptrend stretched but potential to 200.65
- AUDUSD uptrend but struggling, correction support at 0.6580-0.6558
- USDCAD false break of falling trendline? Upside potential to 1.3850-1.39
- EURCHF eyeing par 1.00. Can it reach it?
- USDCHF RSI needs to close back above 60
- Dollar Index above at 104.84, resuming uptrend?
- Time 10.18
- Gold likely rebounding but risk of 2,314
- Silver strong rebound from 30
- Platinum rebounding from 1,015
- Copper support and likely rebound from 0.618 retracement at 474.50.
- WTI testing 76.60.
- Brent Crude support around 81.42-80.72
- US 10-year T-yields rebounding from 0.786 retracement at 4.29. Resist at 4.53
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