Daily Technical Update 08.01.25 Nvidia sell-off, Bitcoin below 100K, EU stocks bullish

Chapters:
00:00 – Nvidia, S&P 500, Nasdaq 100 & DJI
03:01 - EuroStoxx50, DAX40, CAC40
04:14 - EURUSD, EURGBP & GBPUSD
06:25 - USDJPY, EURJPY, AUDJPY & GBPJPY
08:01 - AUDUSD, USDCAD and GBPCAD
10:20 - EURCHF & USDCHF and USD Index
12:07 - Gold, Silver and Copper
13:49 - WTI & Brent Crude oil and Nat gas
15:25 - US 10- & 2-year Treasury yields, EuroBund and UK Gilts
18:17 - Bitcoin and Ethereum

In today’s Technical Update:
• Nvidia sell-off after hitting 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
• EuroStoxx50/EU50 CFD above 5K potential to new all-time highs
• DAX/GER40 CFD closed gap, pushing higher
• CAC40 testing resistance at 7,452
• EURUSD rejected at falling trendline, key resist at 1.0460
• GBPUSD rebounding off lows, trend exhaustion, but rejected at falling trendline
• 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 crawling back above 1.4335, will it hold?
• 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, potential to 80 area
• Dutch TTF Gas bouncing from ´0.382 retracement, bullish potential to 56.80
• Henry Hub gas no closing above 4.00
• US 10-year T-yields above resistance at 4.63, potential to 4.735
• US 2-year T-correction, resist at 4.35, support at 4.15
• EuroBund Fut likely to bounce from 0.786 retracement at 161.85, short-term
• UK Gilt likely to test 2022 lows at 90.38
• Bitcoin back below 100K. Support at around 90,682
• Ethereum rejected at 3,722