Daily Technical Update 21.08.24 Stock of the day: Cyber security Palo Alto Networks

In today’s Technical Update: • Palo Alto Networks • S&P 500. Above key resistance at 5,566, RSI positive • Nasdaq above key resistance at 19,539, RSI positive • EuroStoxx50 key resist at 4,907 • DAX closed gaps eyeing previous peaks, resist at 18.557 • AEX25 closed above key resist at 907 but cannot get momentum • CAC40 above key resistance at 7,464 • SMI20 bullish likely to test all-time highs • Time 5.17 • EURUSD bullish with potential to 1.1140 • EURGBP likely to slide lower • GBPUSD rejected at previous peak at 1.3045 • USDJPY bouncing from 0.618 retracement • EURJPY rejected at 173, key support at 160.55 • AUDJPY kept itself above 96.75, could push to 99.90 • GBPJPY support at 187-85, resistance at 191.90 • AUDUSD bullish potential to 0.68 • USDCAD bearish support at 1.3590 • EURCHF rejected at 200 DMA and 0.96 could resume downtrend • USDCHF spiked lower just above 0.85 • Dollar Index below support at 101.62, next 100.32 • Time 11.48 • Gold bullish above 2,500 likely move to 2,550 • Silver testing 29.45 resist • Copper likely to test resistance at 422.35 • WTI and Brent Crude oil volatile in tighter range, likely test supports • US 10-year T-yields testing key support at 3.79