 Hi, good morning, and welcome to today's products and focus so the US 30 Actually dropped off a fair amount yesterday Hitting the 21 pure decimate before bouncing and closing pretty much bang on that potential support 18111 That we talked about the last couple of sessions. We're still on there just now Most global markets could drop ever slightly yesterday and recover slightly Germany 30 being a prime example of that I guess the big news that everybody's all looking at just now is the Euro which come back to the second The euro is currently trading at an 11 year low versus the US dollar Levels not seen since 2003 As we do have a fairly important ECB conference press conference today at 130 to talk about the stimulus measures across there So I finally seen some decent movement on on that FX pair and obviously we've got non farm perils coming out on Friday So some people taking some of the bullish bets off the table until they know what's actually happening with that figure You can see there the UK one hundred very volatile session yesterday closing above potential support at 6906 point 8 and moving a little bit higher again today Should things continue to work? Well? 6964 is next potential resistance level but 6906 is is going to be the potential support on that End of stages now Japan to do five nice bounce off potential support 186 46 nice retracement after a Decent trend up higher So this would be a nice springboard looking at the next potential resistance being at Well quite close to 19,000 incidentally, which would be an all-time high on on that market as well So as we spin off Japan to do five and look at dollar yen It had flattened out quite close to 119 Moving higher than then then drifting down as people start to buy Some more yen ahead off the non farm perils figure on Friday a little bit of a hedge against uncertainty right there But longer term we are looking at 121 spot 87 as being potential resistance That's a bigger bit resistance for the short-term potential resistance being at 120 spot 50 So then moving from that and moving on to West Texas crude basically Iranian nuclear deal Talks are stall are stalling Obviously the Israeli Prime Minister causing a little bit of friction there between the US and Iran trying to figure out about sanctions in the nuclear deal The mark is taken in the consideration if it deal does go forward That's obviously going to open up the Iranian oil production to the global Plain field, which is obviously caused even more pressure on prices. That's not happened as of yet So you are beginning to see West Texas take up there a little bit as well So 54 spot 85 is still the next potential resistance to be aware of on there Cruel inventories were much higher than expected yesterday. It's not really dinted and renewed enthusiasm for for crude right-line so with the US dollar advancing against the sterling and the euro not so much against Well, it's still advancing against it Japanese yen, but not as strong as against those other effects pairs for that leave goals, you know, well, I think the market is Trying to price in some element of Up a decent figure for non-farm perils on Friday That's why we seem pressure and gold all these long-laid candles each time it tries to push up higher It just gets pushed lower. We are in the middle of two ranges right now So depending on how things go, I can't really imagine this going massively in one direction or the other Before non-farms now, but 1186 is potential support and 1218 is a potential resistance With the other technicals begin to flatten out. So no much else to report there So let's have a look at your dollar nice decent technical break through 111 the next potential support is a one spot zero seven eighty six and that's going to be a multi multi year low If this isn't already an 11 year low This will be a little bit further out fact if I just go on to my monthly interval for a second You'd be able to see that that was that was also all the way back in 2003 as well. So you start breaking below that then you're looking at 2002 So your dollar very much in focus at the moment and that is definitely a technical break worth being aware of If we do see any retracement on the back of the ECB press conference today You're looking at one spot 11 as being the potential pivot area to be aware of right there So finishing up with GBP USD Has come off a fair bit as well breaking below both moving averages quite negative one spot 5185 is going to be the next potential support level Crossover on the MACD slow stochastics got a reversal signal. We almost have one on the RSI as well There's a lot of pressure on cable right now one spot 51 85 as a level to watch So I come with data wise and create announcements obviously in UK and Eurozone Remember at 130 UK time. You do have that ECB press conference So make sure you turn your TV on to see that you'll be talking about the stimulus measures at 1 trillion euro stimulus package And what impact that's likely to have in the markets We do have unemployment claims in the US as well And then if you fast forward obviously go Friday where you do have industrial production housing index GDP for Eurozone And of course those very important employment data sets all do at 130 UK time. So that's the big one Everybody's all gonna be talking about US interest rates UF data has been meddling at best recently Let's see if non farms can pull out the bag for the American economy So keep your eye on the chart forum make insights probably going forward and join me again tomorrow to find out what happened next