Cramer's Corner: Daily Technical Update JPY and CHF pairs resuming downtrend, EURUSD eyeing much higher levels
Technical analysis

Cramer's Corner: Daily Technical Update JPY and CHF pairs resuming downtrend, EURUSD eyeing much higher levels

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:

  • Nikkei could rebound run out of steam?
  • S&P 500. Key resistance at 5,566
  • Nasdaq Key resistance at 19,539
  • EuroStoxx50 above 4,812 but RSI not convincing
  • DAX closed gaps but will it hold?
  • AEX25 closed below key resist at 907
  • CAC40 key resistance at 7,464
  • SMI20 bullish but expect correction
  • Time 5.47
  • EURUSD bullish with potential to 1.1140
  • EURGBP likely to slide lower
  • GBPUSD broken bullish with upside potential to 1,3050
  • USDJPY rejected at 149.42, resuming down trend
  • EURJPY rejected at 173, resuming downtrend
  • AUDJPY likely to resume downtrend
  • GBPJPY rejected at 200 DMA likely resuming downtrend
  • AUDUSD bullish, testing 0.786 retracement at 0.67
  • USDCAD testing 0.786 retracement at 1.33670
  • EURCHF rejected at 200 DMA and 0.96could resume downtrend
  • USDCHF rejected at 0.8750, possibly resuming downtrend
  • Dollar Index new low eyeing 100
  • Time 12.04
  • Gold bullish above 2,500 likely move to 2,550
  • Silver bounce likely to test 29.45 resist
  • Copper bounce resistance at 422.
  • WTI and Brent Crude oil volatile in tigher and tigher range
  • US 10-year T-yields support at 3.79

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