 Hi, good morning and welcome to today's products and focus. So one thing we'll have a look at just now is where the Equity markets are after coming off from Friday late afternoon, even though we had some good data from the US Music kind of fell down now that the grease steel looks like it's falling apart yet again And things aren't looking so good for anything to be put in place before the 30th of June Which is our next payment to the IMF. So Germany playing hardball now with with Greece and Things just aren't quite all going according to plan big big meeting that they had there at the weekend Finished up after about 45 minutes to an hour with no major Kind of breakthroughs at all. So there was a little bit under pressure a lot of Global equity markets are drifting down a little bit this morning You can see the candlestick formation that we had there on Friday was quite was quite negative Today, we're actually off the session lows on the US 30 But it's 17,747 that's the potential support level and that was the same support level from mid April and we've actually bounced off there a couple of times and and may and again in June So I wouldn't be that surprised if we get there at some point when it's a couple of sessions anyway So looking at the UK 100 negative again breaking through potential support 6771 looking at 6686 is the next potential support Technicals are relatively neutral not yet gone to oversold territory That should be a clear indication that it could be further still to go We might see a retracement back up towards 6771 But there is a lot of negative sentiment out there at the moment So looking at Japan 225 Barely keeping its head above this trend line that's looking more and more broken and murky as time goes on So I would probably look more towards horizontal level here at 20,087 Dollar yen has done nothing the last number of days. So I'm not expecting a huge amount of moving on Japan to do five So I'll have a quick look at this this FX pair You don't see it quite so much on this chart about my entry day chart on my other screen And you can probably just see it is by these two two formations right here last couple sessions This is really not done a huge amount I'm bouncing off the 21 period SMA still eyeing up 124 42 is next potential resistance fall by 126 bang on the nose We are in the middle of two ranges right now But hopefully that 21 period SMA provides dolly in the support that it needs But people might choose to buy some yen and fund them all this uncertainty With Greece at the moment Dollar bills aren't really doing so much considering we had a some pretty decent data out of the US on Friday, but maybe a September or autumn Rate hike has already to a certain degree being priced in Because we're not seeing the move movements in the dollar that you might expect considering The analysts beating figures that are coming out on a day-by-day basis at the moment So looking at crude oil with Texas coming off a little bit of the Saudis confirm that they're looking to increase their production Which some traders feel might add to further to the oil glut in the global markets But we're still at historical and not historical high, but recent highs to be quite honest Where you see in the recent highs we're in about 61 70 we're not million miles away from there right now So bouncing around about 59 50 We're not that far away so moving on to gold and gold as perhaps the big teller right here if you know rates were overdone under done whatever you would see it here in gold, but We talked about decent data coming at the US on Friday. We had a doji formation with very limited Price action there so gold's not really reacting too much to the positive US data. We're actually up a little bit today 1186 is the potential resistance which could be a retracement for a move further down But it's not really losing a lot of momentum as we get closer to here So be interested to see what happens the dollar is kind of losing a little bit momentum against most other effects Pairs though, so that's perhaps not that surprising So moving on to your dollar even with them those grease talks falling down Your dollars actually managing to have a positive day today Lots of doji formations are kind of drifting slower down towards one spot 11 Which is also coinciding that 21 period SMA. So the technicals are kind of neutral as well to completely honest So there's still movement in both directions possible But we'll be a tall surprise to see a move towards 111 and then Your dollar trader is making a decision after that which way do you think this is gonna go? And if we finish up with GBP USD We had a retest of one spot 56 on Friday We're probably getting on the chance later on today bullish cross in the MACD other technicals are neutral Sterling still has a little bit of gas left in the tank for to break above 156 to target 157 43 But it's not done it yet so this is going to be the strategic level that many cable traders are looking at and There's not a huge amount of economic data today. Nothing of any significance. We do have a Fed meeting I believe on Wednesday Which a lot of traders will also be waiting for Tuesday, we've got a CPI data from Germany CPI and PPI An RPI from the UK so lots of UK centric data tomorrow at 9 30 big for UK 100 and cable and then we've got the ZDW business report for Germany as well So a decent amount of European centric data due on Tuesday And then Wednesday, you've got the Bank of England the NPC minutes employment data more your own CPI data and actually it's the Fed decision on 7 7 p.m. On Wednesday. That's going to be a major announcement People looking for the rhetoric that comes behind that And that's gonna be very important for where interest rates might go in the future So keenly watch a port so I wouldn't be surprised at the markets don't really do a huge amount until we get that out of the way Because who knows what they might come out with and then obviously you've got your petroleum stocks Coming out as well So as everyone keep behind the chart forum make insights privately going forward and join me again tomorrow to find out what happened next