SAXO Kim Cramer Larsson
Technical Update - SP 500 and Nasdaq 100 uptrend exhaustion or extension? Check out the key levels here
S&P 500 has closed the gap created 13th February on the back of the CPI data release. But the Index still need to close above the peak from the day before i.e., closing above 5,049 to extend the uptrendRSI is still showing divergence i.e., indicating...
7 months ago
Technical Update - Nvidia another exhaustion signal. Apple and Tesla continued downtrend signals
Nvidia: Another Bearish Engulfing top and reversal candle has been formed adding to the one already in play. Technical indicators are suggesting trend exhaustion and Nvidia could also be in the process of forming a double top pattern. A close below 822.79...
6 months ago
Technical Update - Gold eyeing 2,300 levels. Silver tagging along likely breaking above 26.00
Gold uptrend could continue to 2,300 possibly higher short-term Silver tagging along likely to break 26.00 and could text 26.75 resistanceGold XAUUSD has reached the 1.618 projection of the minor correction peak to trough of the two volatile days, 21st an...
6 months ago
Technical Update - EURUSD and GBPUSD below key supports, indicators pointing to lower levels. USDJPY range bound
EURUSD closing below key support at 1.08 suggest a potential further downside to 1.0660. Indicators supports lower EURUSD levels GBPUSD closed below key support at 1.26, next support at 1.25USDJPY caught range bound. Break out needed for direction EURUSD...
6 months ago
Technical Update - JPY pairs: Indicators indecisive about the direction
USDJPY is caught range-bound in a tight range between 151.95 and 150.84EURJPY rejected at retracement level just below 165. Expect pair being hit by high volatility AUDJPY failed to close above previous peak. Could slide back to test key support at 98.20G...
6 months ago
Technical Update - EURUSD and GBPUSD selling pressure coming back. Dollar Index on the rise
EURUSD likely resuming down trend with potential to 1.07-1.0660GBPUSD could drop as low as 1.25-1.24.Dollar Index eyeing 1.0556 levelKeep an eye on key levels for reversals EURUSD got rejected at the 100 daily Moving Average just a few pips below the 0.61...
6 months ago
Technical Update - Bitcoin and Ethereum breaking bullish. Could lift Coinbase
Bitcoin is breaking bullish out of its corrective pattern and could have upside potential to USD 82-84,000 Ethereum is testing resistance. A break above paves the road towards USD 4,730 Coinbase could be lifted by higher crypto prices, potentially cancell...
6 months ago
Technical Update - Tesla and Arm Holding bouncing from key supports. Can they establish uptrends?
Tesla is rebounding from lows at 160.51. Indicators suggesting further rebound short-term. Can it reach resistance at 183-188 area?Arm Holdings still holding on above key support. Will it resume uptrend towards all-time highs? Tesla has recently rebounded...
6 months ago
Technical Update - Hang Seng breaking bullish. Potential to +18,000
With the close above key resistance the Hang seng Index - and the HK50 cfd - is set for a bullish move towards 18,000 possibly higher Hang Seng Index closed Wednesday morning just above key resistance at around 17,135. The strength indicator, RSI closed b...
6 months ago
Technical Update - EURUSD downtrend potential to 1.0660, medium-term lower. Dollar Index eyeing 107
EURUSD after being rejected at key resistance downtrend has resumed with downside potential to 1.0660 short-term. Medium-term potential to around 1.05 The Dollar Index's recent close above 104.84, coupled with a supportive RSI, signals a continuing uptren...
6 months ago
Technical Update - Gold in strong bullish trend but a correction looming. How deep can it go?
Gold could experience a correction down to 2,281 maybe even 2,230 before uptrend is likely to continue Gold (XAUUSD) has experienced a significant upward trend over the past eight weeks, with only a minor correction observed in mid-March. Yesterday, a Be...
6 months ago
Technical Update - USDJPY bullish out of range to levels not seen since 1990. 155-156 in sight
USDJPY bullish break out yesterday gives potential to the 155-156 levelOther JPY pairs in link below USDJPY yesterday broke bullish out of its range bound behaviour it has been stuck in for the past three weeks taking out the upper boundary and 2022 peak...
6 months ago
Technical Update - EuroStoxx50/EU50 and DAX/GER40 could be resuming uptrend after bounce
A close below support at 4,976 for the EuroStoxx 50 could prove to be a false break. A daily close above 5,053 will confirm this.The EU50 CFD has closed above the key support at 4,966 twice and could resume its uptrend with a close above 5,052 The DAX's b...
6 months ago
Technical Update - Apple, Nvidia and Super Micro Computer could be resuming uptrends
Apple bounced from strong support area and could test key resistance at 178.67. A daily close above could push Apple towards 190Nvidia bounced from strong support area. Could challenge top and reversal patterns and all-time highs. But will it? Key support...
6 months ago