Daryl Guppy is an independent technical analyst who appears frequently on CNBC Asia. He runs training, analysis and resource workshops for retail and professional financial market traders involved in stocks, CFDs, warrants, derivatives, futures and commodities in China, Malaysia, Singapore and Australia. He has his own trading company, guppytraders.com. He is a special consultant to AxiCorp.
The S&P shows a very strong and stable uptrend with no end-of-trend patterns, providing a good buying opportunity. Daryl Guppy writes.
The Australian dollar has grown stronger as U.S. dollar weakens, Daryl Guppy writes.
Over time our charts become cluttered with trend lines and other technical indicators, and the old lines can cloud analysis.
The dollar index has found support, for now, around 97, but the trend is to the downside, Daryl Guppy says.
The double bottom breakout pattern in the Shanghai Index is developing strongly, Daryl Guppy says.
As U.S. stock benchmarks reach new heights, Daryl Guppy takes a look at the charts on the Dow.
An earlier call on the dollar has not been realized so it is time to take a fresh look at the charts on the greenback, Daryl Guppy says.
The charts show that euro-yen enters a variation of a double-bottom pattern used to set a new long-term upside target.