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. He is a special consultant to AxiCorp.
The Australian dollar has remained trapped in a sideways trading band for one year and there is little sign of a strong change in the trend.
Is the U.S. dollar sailing north with the U.S. fleet?
In commodity markets, silver offers greater leverage than gold.
A ramping up of Trump campaign policies in legislative action will again act as a bullish factor on the dollar index.
The Shanghai Index consolidation retest of the uptrend was stronger than expected.
The trend is bullish despite a pause for the Shanghai Composite index, technical analyst Daryl Guppy says.
There's no question that the Aussie strength is a direct consequence of weakness in the U.S. dollar, Daryl Guppy writes.
The U.S. dollar index is testing a critical support level of a long-running trading band that is likely to hold for now.
The Shanghai index is developing some of the characteristics of a trend reversal, Daryl Guppy writes.