 Hi, good morning, and welcome to today's products and focus US 30 there has come down slightly overnight Following Friday's told you formation have another negative day yesterday just closing on potential support at 17 7738 as news is filtering out this morning that European leaders are Preparing for a potential Greek exit and we've seen more unrest out in Ukraine as well as a conflict of their seems to intensify Most markets have ever actually moving sideways Gold in particular US 30 is very Flat and so is the Germany 30 But nevertheless for your training above both moving averages The MACD is going neutral as are most of the other technical indicators on the US 30 So if we move on to the UK 100 Negative a kind of hammer formation yesterday, so bounce off 6 to 7 71 Another negative day at the moment currently a bearish engulfing pattern should that continue on and we're trading already currently at the low of the day moving on to Japan 2 to 5 Managing to have a little bit of a positive day negative day after the negative crossover on the MACD You do actually have a golden cross and moving averages right there But as we come quite close the potential support still remains at 17 496 and Dollar yen had reversed course yesterday So it's a little bit of yen buying as people buying a little bit of safe haven protection But the US dollar is not going away falling on from non-pump heroes on Friday, but we're not seeing any Excessive moves on the green back currently But that dollar yen FX pair will be driving the potential growth of Japan 2 to 5 And as you can see we've hit a barrier there running about 119 yen Other technical indicators are relatively neutral So it needs another catalyst some more macroeconomic data or stimulus to get it over the line So moving on to cruel with Texas Getting closer to around about fifty four dollars eighty-five I did say a report yesterday. This is a bank seems to think that with Texas could get down to twenty dollars dollars a barrel There was report on Monday afternoon That there was a belief that the existing oil producing countries and an OPEC and the non-OPEC Regions would keep their production relatively stable if not slightly less So they're kind of indicating that there's gonna be a little bit less supply there, but then there's another Report coming at about the state of the US shill gas and shill energy sector We're sort of that still expected to grow one of the big energy growth stories still From that part of the world up and all the way till till 2020 based on projections So there could still be pressure in regards to potential supply in the future But West Texas has not reacted to Too much to either side of those stories that came out yesterday So moving on to gold gold's done absolutely nothing last couple of days looking at an interesting standpoint on the candle Stitcher we are slowly moving up long-legged candles are indicative of selling interest each time it goes up It gets pushed back down, but it is making progress But 1242 is a next potential Resistance level that gold needs to overcome and certainly in the backdrop of stronger USD and rising interest rates in the US The fundamentals are not in its favor So looking at your dollar Again relatively flat. We need to get more information about what's happening with Greece and the impact of Greece If there was a Greek exit might just be a little bit of scaremongering by European leaders to try and threaten the Greek government To various repercussions should they not play ball Obviously do have the Ukraine conflict escalating as Russian back separatists apparently are making gains in the region with Obama considering to send lethal aid to the Ukrainian government to help them battle against Russian tanks in the south And that's obviously causing a little bit of issue in that side of the world But the euro is not Excessively pressured. I'll be as be quite flat. So has cable instantly Not much to report in regards to main technical levels one spot 1642 remains resistance One spot 0786 remains potential support. That's a longer term potential support should the greenback accelerate and the euro take it back See so finishing up with GBP USD Again not really doing huge amount one spot 51 85 seems to be a potential pivot level for traders to be aware of Springboard to move higher or a broken support to accelerate to the downside towards 1.48 13 But let's have a think about the economic data we mentioned is not really much out today There isn't much out tomorrow you could cruel inventories as cruel Wednesday as ever last couple days That's come out that figure has been much higher than expected and crud has taken a bit of a tumble Let's see if the fourth week in a row will will make their reality It's not until Thursday. We've got a huge amount of CPI data Industrial production employment claims retail sales from the US that things start to get a bit more exciting in the macro Front and then Friday you at German GDP eurozone GDP tree parents from the eurozone and University of Michigan consumer sentiment Which isn't really that strong Thursday's your big day for macro events as ever keep your eye on the chart forum Make insights probably like going forward and join me again tomorrow to find out what happened next