Daily Technical Update 07.01.25 Bitcoin above 100K, EU stocks bullish, Amazon resuming uptrend

Chapters:
00:00 – Amazon, S&P 500, Nasdaq 100, DJI & HSI
04:36 - EuroStoxx50, DAX40, CAC40
06:12 - EURUSD, EURGBP & GBPUSD
08:08 - USDJPY, EURJPY, AUDJPY & GBPJPY
10:37 - AUDUSD, USDCAD and GBPCAD
12:51 - EURCHF & USDCHF and USD Index
14:15 - Gold, Silver and Copper
16:01 - WTI & Brent Crude oil and Nat gas
17:37 - US 10- & 2-year Treasury yields, EuroBund and UK Gilts
19:21 - Bitcoin and Ethereum

In today’s Technical Update:
• Amazon set for new all-time high
• S&P 500 key support at 5,864 and gap area. Failed to close above 6K
• Nasdaq 100 Key support at 20,896
• Dow Jones support at 42,220
• Hang Seng sliding lower towards 19K
• EuroStoxx50/EU50 CFD likely to test 5K and higher
• DAX/GER40 CFD likely to close gap, pushing higher
• CAC40 testing resistance at 7,452
• EURUSD possibly trend exhaustion, bouncing
• GBPUSD rebounding off lows, trend exhaustion
• EURGBP above support at 0.8225 but falling trend
• USDJPY range bound, testing resistance at 158.10, support at 155.95
• EURJPY could test resist at 165 once again
• AUDJPY Range bound. Negative RSI
• GBPJPY likely resuming uptrend, positive RSI sentiment
• AUDUSD rebounding, t4esting upper falling trendline
• USDCAD below support at 1.4335 correction could take it down to 1.4220 maybe lower
• GBPCAD below support, S-H-S pattern
• EURCHF bullish trend, resistance at 0.9450
• USDCHF correction. Support at 0.8980
• Dollar Index support at 107.55-107.31
• Gold rejected at upper cloud and 55 DMA
• Silver above resist at 29.90 could push to 31, support at 28.74
• Copper strong bounce, double bottom pattern?
• WTI Crude oil bullish potential to 77-78
• Brent Crude bullish, testing resistance at 77.32
• Dutch TTF Gas bullish potential to 56.80 but short-term correction
• Henry Hub gas no closing above 4.00
• US 10-year T-yields testing peak at 4.63
• US 2-year T-correction, resist at 4.35, support at 4.15
• EuroBund Fut likely dropping to 0.786 retracement at 161.85
• UK Gilt bounce or sell off to 91-90?
• Bitcoin back above 100K
• Ethereum resuming bullish trend