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&P 500. Downtrend. Broken below key support at 4,455. Likely to drop below 4,400. Next support at 4,340
  • Nasdaq 100. Downtrend . Support at 14,750
  • Hang Seng bearish. Testing support at 18343. Next support at 18,052
  • DAX Bearish. Rejected at 16K. Likely to drop to 15,482 support area
  • AEX25 Bearish. Support at 748
  • CAC40 Key support at 7,251. If broken downtrend to 7,100
  • EURUSD Likely to be range bound between 1.0833 and 1.1065. Key support at 1.0833. Close below Short- and medium-term trend down.
  • Dollar Index rejected at key resistance at 103.28. Close above uptrend on medium-term.
  • GBPUSD is struggling for upside momentum. Key support at 1.2590. a close below likely sell off to 1.23 area. RSI still bullish
  • USDJPY broken resistance at 145. Next is 148. Could form top pattern
  • EURJPY above strong resist at 158. Likely to move to 160.60
  • AUDUSD forming bottom and reversal pattern
  • Gold XAUUSD Close to testing June low at 1,892. RSI bearish. 200 MA giving some support. Could bounce
  • Silver XAGUSD testing support at around 22.15
  • Copper below 370.Next support at 360-356
  • Brent rejected at resistance at 88.20. Expect correction down to around 83
  • Dutch Gas uptrend.
  • US 10-year uptrend. Could move to 2022 peak at 4.32

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