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 Australian dollar has hit a 14-month high against the U.S dollar, prompting investors to speculate once again, if the currency will reach parity with the greenback. According to historical charts, that outcome is unlikely anytime soon.
When Lehman Brothers collapsed a year ago, the crisis highlighted the fragility of the banking sector. Investors are still shying away from financial stocks, fearing many will follow Lehman's fate. With proper chart analysis, one bank looks set to buck that trend.
A period of consolidation has investors worried that the Dow's long-term uptrend has run its course, but charts suggest otherwise.
Oil prices rose as the framework Iran deal offers little chance for a increase in oil exports, but charts suggest it's too early to expect any price rise.
The Shanghai Composite has rallied sharply this year, outperforming its regional peers in the first quarter, and charts suggest further upside is likely.
Silver rallied to a one-month high at the end of last week, but charts suggest that a sustainable trend is unlikely to develop.
Daryl Guppy is an independent technical analyst who appears frequently on CNBC Asia.