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&P500 downtrend. Support at 4,169
  • Nasdaq 100 downtrend. Towards support at 14,254 and 14K
  • DAX downtrend Next support at 14,933
  • AEX25 Support area 716-710
  • BEL20 looking at 3,250
  • CAC40 support at 6,885
  • Time 3.48
  • EURUSD Down trend very stretched. Minor support at 1.0438 area
  • GBPUSD downtrend stretched. strong support at 1.20
  • USDJPY breaking bearish out of Rising wedge. Was that it?
  • EURJPY breaking bearish out of range bound. Support at 155.50 and 153
  • AUDJPY lost upside moment back below 95.85
  • GBPJPY below support . Likely drop to 176.25
  • AUDUSD lower towards strong support 0.6185
  • The dollar Index uptrend very stretched but room 107.90
  • Time 9.08
  • Gold no support until 1,800
  • Silver taken out key support at 22.15. 19.90 next
  • Copper below key support at 362.70. Next 354.50 support
  • Brent oil below support at 91.80. Could drop to 88.20
  • WTI testing support at 88.20. Below next 83.60
  • Henry Hub Gas testing once again 3.00
  • 10-year Treasury yields higher. No resistance until 5.25%. Not seen since 2006-2007

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