Cramer's Corner: Daily Technical Update
Technical analysis

Cramer's Corner: Daily Technical Update

Kim Cramer Larsson
Technical Analyst, Saxo Bank Group

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& 500 Bullish. Resistance at 4,540
  • Nasdaq 100. Close to 16K
  • Hang Seng resistance at 18,200
  • EurStoxx50 likely testing resist at 4,326
  • DAX above resistance at 15,575. Next 16K
  • AEX25 above key at resistance 750
  • BEL20 could move to 3,575
  • CAC40 testing 7,203
  • SMI20 closed gap i.e., bullish sign 
  • Time 3.55
  • EURUSD broke 1.0765 resistance, next 1.0945
  • EURGBP range bound
  • GBPUSD minor resist at 1.2546 and 1.26
  • USDJPY failed to break 152. Likely range bound
  • EURJPY higher room to 170
  • AUDJPY broke 97.67 resist. Likely to test 98.55
  • GBPJPY higher above 186.76. next resist at 188.81
  • AUDUSD strong bounce likely testing 0.6522
  • Dollar Index took out 105.34 and 104.39 to 100 DMA
  • Time 8.14
  • Gold resuming uptrend minor resist at 1,980.  
  • Silver can it take out key resist at 23.78?
  • Copper sideways
  • Crude oil bottom and reversal in the cards short-term. WTI could bounce to 81,support at 73.84. Brent to 84, at 78.34
  • Dutch Gas likely to crawl higher in coming weeks
  • US 10-year T-yields below 4.50but future at key resistance level

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