A Look Around The Markets

Craig Cobb takes us through a roundup of the trends that he's currently stalking and offers a brief analysis on each of these markets, detailing what he's looking for to join the trends. 

Coffee has just broken lower through a key resistance level and Craig's interested to see if we can hold below the level. The Gold daily chart is also now in a downtrend with some strong momentum building. Craig's looking ideally for a pullback to the $1,220 level followed by a small bearish candle to give him an entry short. GBPAUD has been in a cracking uptrend and has now had a pullback to a local support level. Craig's watching this area very closely to see how the current daily candle plays out. Last but not least USDSGD has been strong in the last few weeks and what we are seeing now is a consolidation of price action with a possible flat level forming looking as though price wants to go long again. 

Read Craig's full article including screenshots on his look around the markets here.

Happy Trading!

Regards,
The TWP Team