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.
Charts suggest the PBoC's move to cut rates will further boost an already-strong uptrend in the Shanghai Composite index.
Surprise easing from the Bank of Japan (BOJ) at the end of October fueled gains in the Nikkei, but charts indicate further upside may be limited.
Charts suggest a new upside target for the dollar-yen after fresh stimulus measures from the BOJ pushed the pair to seven-year highs.
A stronger U.S. dollar pushed gold within range of a fresh four-year low last week, and charts suggest further downside is likely.
Daryl Guppy is an independent technical analyst who appears frequently on CNBC Asia.