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.
Hong Kong remains the primary entre-port into China and north Asia investments. And for this reason, its market quickly feels the effect of decisions made in Beijing, and the tensions in North Korea.
The prices of the U.S. dollar and gold typically move in opposite directions: when it's time to buy gold, it's probably time to sell the dollar. But recent analysis of their prices show this typical pattern weakening, says Daryl Guppy of Guppytraders.com.
The artillery attack by North Korea on its southern neighbor sent Seoul markets tumbling, although the losses were not as severe as many has feared. And despite the political jitter, the charts show further upside in South Korean markets.
Charts suggest that the market is anticipating more hurdles for AMP's proposed takeover of AXA Asia before it becomes a a done deal, says Daryl Guppy of Guppytraders.com.
Charts suggest gold prices have further upside with the next target at $1,440-$1448, but watch out for consolidation, says Daryl Guppy of Guppytraders.com.
Have traders missed the China rally, or does this market still have powerful running legs? Its chart indicate it's will consolidate, then take on a potentially lucrative 'stairway' pattern.
Asia has an unexpected leading market. Since stocks in the region began their rally in 2009, South Korea's Kospi index has quietly emerged as the so-called harbinger of market trends. While there are many theories why this is the case, I believe it is more useful to recognize the Kospi's role as a leader and use it to develop better trading strategies.
In my recent discussion on the prospect of the Australian dollar reaching parity with the U.S. dollar, I indicated that I will go short on the Aussie when, and if, I receive a "parity invite". Well, the invitation has arrived. Am I sticking to my guns, or will I attend as a reluctant guest?
Nymex oil may have a prolonged sideways consolidation between $38 and $48 but charts suggest that, long-term, it has further to fall.
The euro-dollar developed an end-of-downtrend pattern starting in March 2015, but it didn't pan out.
The Shanghai Composite index's breakout move above its long-term resistance level near 3,400 signaled a bullish uptrend.
Chart analysis gives investors a method to decide if the Nasdaq's rally towards 5,200 is a buying opportunity or a sell signal.
Daryl Guppy is an independent technical analyst who appears frequently on CNBC Asia.