Cramer's Corner: Daily Technical Update including Meta, Nvidia and TSM. Gold, Silver, FX
Technical analysis

Cramer's Corner: Daily Technical Update including Meta, Nvidia and TSM. Gold, Silver, FX

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:

  • Meta all-time highs but could move higher. 600?
  • TSM traded +5% in Taiwan this morning. Keep an eye on Pre-Market trading
  • Nvidia was down Friday lagging other Semiconductors
  • S&P 500 potential to 5,722
  • Nasdaq potential to 20,483
  • EuroStoxx50 currently above 5,000. Closing price is key
  • DAX. Spiked to 18,630 resist
  • AEX25 key support at 918.50, pushing towards 950
  • CAC40 key support 7,464. Key resistance at 7,725
  • SMI20 the range bound 12,182-11,955
  • Time 5.37
  • EURUSD above rejected at 1.0815, resist at 1.0852
  • EURGBP rejected at 0.85, resumed downtrend, support at 0.8425
  • GBPUSD bullish potential to 1.29
  • USDJPY correction possible down to 159 area
  • EURJPY correction likely, possibly down to 171.85
  • AUDJPY could push to 109 but stretched uptrend
  • GBPJPY Uptrend stretched but no strong resist before 214
  • AUDUSD bullish potential to 0.68-0.6870
  • USDCAD wide range 1.3785-1.3590
  • EURCHF minor correction, could push higher to 0.9763-0.9840
  • USDCHF correction likely down to 0.89
  • Dollar Index resistance at 106.33, support at 104.26
  • Time 11.37
  • Gold bullish upside potential to 2,415-2,450
  • Silver upside to 31,67-32,52
  • Platinum above resistance at 1,015
  • Palladium rejected at 1,048 but bullish trend
  • Copper above resistance at 459
  • WTI bullish but rejected at 84.46 resist
  • Brent Crude uptrend, resist at 89.33
  • US 10-year T-yields rejected at resistance at 4.47

Follow me for more on SaxoTrader platforms, home.saxo and X (Twitter): Cramers_Corner

Disclaimer: Kim Cramer Larsson is a shareholder in Meta and TSM

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