Asia-Pacific Markets Charting Asia with Daryl Guppy


  Tuesday, 12 Jul 2011 | 7:52 PM ET

Copper's Next Target $11,000: Charts

Posted ByDaryl Guppy
The movement in the copper price is used as a leading indicator of economic development because it reacts more quickly to changes in industrial demand. »Read more
  Tuesday, 5 Jul 2011 | 7:52 PM ET

How to Do Accurate Trend Line Analysis

Posted ByDaryl Guppy
Drawing accurate trend lines lies at the heart of chart analysis. It looks easy but accurate trend line placement is more difficult than it appears at first glance. Accurate trend line placement, based on well-defined rules is the foundation of more complex analysis techniques. It is also the foundation of stop loss and risk management »Read more
  Tuesday, 28 Jun 2011 | 7:33 PM ET

Oil Could Drop to $87 in the Short Term: Charts

Posted ByDaryl Guppy
The current IEA intervention is a body blow to the price uptrend, which has been in place since June 2010. It drives prices back towards $87/barrel. »Read more
  Tuesday, 21 Jun 2011 | 8:41 PM ET

Dollar Index Has Little Chance of Moving Above 79.50

Posted ByDaryl Guppy
The long-term fundamental factors like talk of a technical default in the U.S., a weakening Dow index and insipid economy, which have contributed to US dollar weakness, have not disappeared, so long-term downward pressure remains. »Read more
  Tuesday, 14 Jun 2011 | 7:50 PM ET

Nasdaq China Index Moves to Support Level at 190: Charts

Posted ByDaryl Guppy
The Nasdaq China Index is moving towards the upper edge of the historical trading band near 190. This is a well-defined support level. Aggressive traders will look for a rebound development from this level. »Read more
  Tuesday, 7 Jun 2011 | 7:39 PM ET

Dow’s Next Downside Target 11,600: Charts

Posted ByDaryl Guppy
A new head and shoulder pattern has developed in the Dow. The rapid falls of last week confirmed the right shoulder of the pattern. The depth of the pattern puts the downside target near 11,600. »Read more
  Tuesday, 31 May 2011 | 8:52 PM ET

Oil Bull Run Intact, Next Target $114: Charts

Posted ByDaryl Guppy
Oil remains on a bull run. The fall from near $114/barrel to below $100/barrel is a correction, but not a change in the trend. This behavior sets a higher price target for oil as the uptrend continues. »Read more
  Tuesday, 24 May 2011 | 7:47 PM ET

Euro/Dollar Could Trend Towards $1.29: Charts  

Posted ByDaryl Guppy
The Euro/Dollar is at a significant point with the potential to prove the placement of trend line B and thus signal a continuation of the up trend. Failure of support at trend line B signals a change in the trend and a move towards $1.29. »Read more
  Tuesday, 17 May 2011 | 8:02 PM ET

Gold Likely to Test $1,460 an Ounce Level

Posted ByDaryl Guppy
There is a high probability gold will test the $1,460/ounce support level before developing a slower uptrend rebound. If margin changes continue to flow through the system, then the lower targets between $1,420/ounce and $1,440/ounce are the valid support level »Read more
  Tuesday, 10 May 2011 | 7:48 PM ET

Silver Likely to Drop to Around $31 an Ounce: Charts

Posted ByDaryl Guppy

Six weeks ago US Federal Reserve Chairman, Ben Bernanke, put markets on notice that changes were coming. It was a gentle hint to reform their own houses, or have reforms been forced upon them. When speaking in Georgia, Bernanke chose to address the topic of clearing. It was an early warning that changes were coming. The most obvious of these would be adjustments to the level of margins.

»Read more

About Charting Asia

  • 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.


  • Daryl Guppy is an independent technical analyst who appears frequently on CNBC Asia.