Cramer's Corner: Daily Technical Update
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. Rejected at 4,540 resistance.  Key support at 4,340. RSI negative sentiment
  • Nasdaq 100. Uptrend in jeopardy. 15,523 resistance is key. RSI negative sentiment
  • Hang Seng back below 18,562. Resuming downtrend. 17K? Closed Friday
  • DAX Resumed downtrend. Key resistance at 16,060.  Key support at 15,482
  • AEX25 in down trend. Support at 730
  • BEL20. Key support at 3,550. Rejected at strong resistance 3,696
  • CAC40 Resuming downtrend. Key support at 7.083  
  • EURUSD testing support at 1.0685. Minor correction to 1.08 could be seen
  • Dollar Index uptrend. Expect minor correction. Potential to 105.80
  • GBPUSD downtrend taking out support. 1.23 next
  • USDJPY taking out strong resistance at 146.55. Room to 148-149
  • EURJPY Range bound 156.85-159.75
  • AUDJPY Range bound. Strong resistance at 95.85
  • GBPJPY range bound 183.35-186.65
  • AUDUSD breaking lower. Short-term bounce. Eyeing 0.6185?
  • Gold Range bound 1,900-1,950?.
  • Silver Will 0.786 Fibo retracement
  • Copper hovering around likely to drop below 370
  • Brent and WTI oil short- and medium-term uptrend but short-term uptrend stretched. Possible correction
  • US 10-y Treasury yields testing 4.28 resist. Expect minor correction

Follow Kim for more on SaxoTrader platforms, home.saxo and Twitter: https://twitter.com/Cramers_Corner

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