 Hi, good morning, and welcome to today's products and focus not a huge amount. It's happened This morning following on from yesterday's real big strong self down down over 250 points by the end of the session Some people say it's taken a cue from the drop and crude oil. We're currently trading at $34.60 It's obviously coming hot in the heels of our non-farm offer FOMC decision there on Wednesday The market was actually beginning to rally up and as you can see from the from the candle formations right here that We've immediately had a bearish and gulfing pattern Proceeded Wednesday. So as we Wednesday, this is Thursday quite a strong negative candle to have And it's followed through a little bit this morning, but bounced off potential support at 17361 We're trading below both moving averages. The other technicals are relatively neutral and there's a real lack of any macro data due today So the markets are probably going to be slightly under pressure over the next number of sessions Looking at the UK 100. We did have a sell-off not as strong as what we had in the US 6073 still acting as potential support. There's kind of doji formation that we've got right here It's bouncing around about the potential support level. So that kind of highlights how important 6073 is And we're just a little bit above there right now at the time of recording this video So I'm moving on to Japan 225 so there was announcement from the Bank of Japan basically Mentioned that they're going to expand their QE program and initially we actually showed so Japan 225 spike up quite strongly and the yen A dollar yen also spike a lot higher until people are going well, you know, this isn't necessarily good for the For the Japanese economy if they're needing to embark on a new stimulus program so you've then immediately seen the Japanese yen sell off very unusual candles I have here, but very clear that has been a real Rejection up and move higher and we've pushed quite far into negative territory trading both both moving averages The other technicals are quite neutral and they were looking at 18648 as the next potential support level You'll see that same spike, but not quite as aggressive on dollar yen Bearish and gulfing pattern though currently we had a failure to break through the tips of these of these highs right here 121 87 its potential support also quite close to that 55 period SMA the next potential support 120 spot 55 So let's have a look at West Texas crude that's just not really having much in the way of love It's trading below potential support at 35 30 negative day yesterday We look like we will have short-term potential support round about 34 spot 23 longer-term potential support round about 27 dollars And that stronger US dollars not going to do any favors to West Texas could either Looking at gold gold had a quite a negative day again yesterday as well plumbing the lows that we had at the end of November start of December, sorry with 1047 be the next potential support fall by 1031 Let me look at your dollar and GBP USD So your dollar has bounced this morning of potential support at one spot 08 19 came off quite a harsh yesterday We have had it bounced this morning again quite close that 21 period SMA and we've almost got a Negative cross on the MACD. We've almost had a reversal signal on the slow stochastic first for selling It does look a little bit like one spot 08 19 It's going to be an important level for your dollar going forward But as you go with GBP USD, we've had a bounce of one spot 48 59 not massively much of a surprise We've had a move slightly higher this morning, but similar to your dollar We're still in a downtrend here on GBP USD one spot 48 59 is a support level to be aware of So that gives you a bit of an idea about what's happening in the markets. There is no economic data due today There's nothing much at the weekend. You go into Monday. You've got Eurozone CPI It's a 21st you go into the 22nd You've got US GDP in existing home sales and then you get on Wednesday And a lot you guys are probably thinking about taking a break from trading and enjoying your Christmas You've got UK GDP durable goods in the US and personal income from the US Consumer sentiment survey new home sales and finishing up the crude all inventories for those of you that are looking at West Texas crude Right guys, that gives you an idea of what to look out for keep your eye on the chart for make insights Part of your late going forward and join me again tomorrow to find out what happened next well not tomorrow on Monday