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.
The U.S. dollar is on a tear amid expectations that the Fed will hike rates later this year, but charts suggest the potential for volatility before the greenback consolidates those gains.
The Shanghai composite is among Asia's poorest stock indexes in the new year, but charts suggest strong support for a continuation of the uptrend.
The Death Cross sounds suitably terrifying and ominous, but its signals are not reliable.
Strong, fast downtrends don't normally reverse direction quickly so there's a high probability of price consolidation.
Gold has dropped below its key support level near $1150, taking it to a new five-and-a-half-year low and setting the next support target near $980.
The euro-dollar has developed a broad consolidation between 1.05 and 1.14, a trend that is detached from the Greek crisis.
Daryl Guppy is an independent technical analyst who appears frequently on CNBC Asia.