Charting with Daryl Guppy

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Updated: 8 hours 16 min ago

Aussie Dollar Heading Towards $1.18: Charts

Wed, 01/02/2012 - 08:11
The chart pattern suggests an initial target of $1.18 and this is usually followed by a consolidation.

Oil Can Rally to $120 Over Next Few Weeks: Charts

Wed, 25/01/2012 - 11:05
The price target for Nymex Oil is around $120 over the next few weeks.

Shanghai Rally to Face Resistance at 2,300: Charts

Wed, 18/01/2012 - 09:16
The current rally is testing the support/resistance level near 2,300. A move above this level is bullish. A retreat away from this level is bearish and confirms the downtrend remains very strong.

Dow Rally to Fizzle Out by End January: Charts

Wed, 11/01/2012 - 08:16
The current rally in the Dow is limited. After the index touches 12,600 by the end of January, the rally will lose momentum.

Dollar Index to Rally on Euro Weakness: Charts

Wed, 04/01/2012 - 08:39
Analysis of the dollar index suggests a significant increase in the dollar index, and in turn, a significant fall in the euro.

Euro at 1.24 Level in Early 2012

Thu, 29/12/2011 - 06:10
Daryl Guppy, CEO of Guppytraders.com, says the euro is unlikely to sustain at the 1.29 level, and will fall back down to the 1.24 level for the new year. He adds that the euro is expected to "go further south" against the Yen as well.

Downtrend in Hang Seng to Continue: Charts

Wed, 28/12/2011 - 10:01
Hong Kong’s Hang Seng Index retains its volatility, but remains in a strong downtrend. A retest of the 2008 lows cannot be excluded.

Chart Analysis Had 70% Strike Rate This Year

Wed, 21/12/2011 - 08:26
Our success rate on these calls – where the index or price moved to reach the targets identified in the article – was 70.29 percent

Europe Blue Chip Stocks Could Drop Another 20%: Charts

Wed, 14/12/2011 - 08:38
There is continued down pressure on the Euro ST 50. The secular trend is down. Short term opportunities exist to trade rallies and retreats in the context of this downtrend. A retest failure of support near 1,980 has a downside support target near 1,800.

ICBC Hong Kong Shares Could Rise 20%: Charts

Wed, 07/12/2011 - 10:27
The historical chart shows that there is a support resistance band between $5.70 and $6.00. Once the target is achieved, a move below $5.70 is an exit signal.

Shanghai Index Could Rally to 2,760 After Soft Landing: Charts

Wed, 30/11/2011 - 07:57
The Shanghai Index's long-term target is near 2,760.

Downside Target for Euro-Dollar Is $1.29: Charts

Wed, 23/11/2011 - 07:57
Technical analysis suggest downside target for euro-dollar at $1.29.

Upside For Oil Capped at $110-$115: Charts

Wed, 16/11/2011 - 07:53
Over the next few weeks upside for oil is capped between $110 and $115 a barrel.

Dow to Reach Next Target of 12,600 in January: Charts

Wed, 09/11/2011 - 07:44
The 12,600 target for the Dow is achievable in January 2012.

Charts Suggest a Further 20% Downside for Olympus

Wed, 02/11/2011 - 08:14
The extreme volatility in Olympus' stock is a warning signal, with simple trading band projection giving a downside target near ¥975 for the stock.

Apple in Strong, Stable Trend: Charts

Tue, 25/10/2011 - 13:40
Despite recent bad news, investors have been reluctant to sell out of Apple's stock, suggesting the stock is in a strong and well established trend.

Dollar Index to Retest Lows Near 72.50: Charts

Wed, 19/10/2011 - 08:03
There is a reasonable probability the U.S. dollar index will fall below 74.50 and retest the lower edge of the base of the symmetrical triangle pattern near 72.50. Traders will look for a consolidation pattern to develop between 72.50 and 74.50.