 Hi, good morning, and welcome to today's products and focus. So what you're gonna see right now is Get a bit of a flavor of how the equity markets are our kind of react involving a couple of days of Kind of tough markets there on Thursday Friday last week. We've actually had a kind of a decent start To the week across the US 30 the UK 100 and the Japan 225 Where we had a decent candle on Monday We had a kind of a reversal and Tuesday because we had moved a little bit lower there on the US 30 It broke up through 17361, but now it's kind of just kind of flat lining here around about these levels So now almost close to getting a death cross here on the moving averages The technicals are still relatively neutral though the magnitude has now crossed at zero line So that might add a little bit of short-term technical pressure, but we are below that 1733 Above that 17361 right now But if we do get any sort of kind of retracement back down that could act as a potential springboard for a move back up to 18561 should the markets go in that favor So actually we've got some economic data today. We do have the UK GP figures. We've got US durable goods personal income We also have the University of Michigan sentiment index as well Followed by home sales and then to finish things up today You do have crude oil inventories, which would be interesting for West Texas crude Which is still managing to pretty much just stay above $35 today So having a look at the UK 100 you can get an idea Very similar candle to actually what we had on the US 30 So we had been down lower and then it's kind of jumped back up. We're now trading above 60 73 But the tips of these candles normally would be in decade of upselling pressure As we just get a little bit closer to that 21 period SMA But if you look closely there, you can kind of see that we managed to close pretty close to the end Top end of that range. So perhaps the sellers have come home for Christmas So having a quick look there at the Japan 225 It's just managed to e-count a tiny little gain there Yes, and as a matter of fact the Japanese market will be very very quiet today. I think it could be a public holiday for emperor day in fact But as you can see there, we had a bounce there on monday at 18648 We were lower yesterday, then I got pushed right back up into positive territory So hammer formation. Yes the arguably hammer formation again Sorry on monday arguably hammer formation again Tuesday, but it's been absolutely no follow-through on the Japanese market so far today So then moving on to dollar yen dollar yen Moving back down to the downside 120 spot 55 is the next potential support level And it is slowly moving in that direction other technicals relatively neutral Mac these cross the zero line. Basically, this just shows from a technical perspective that there's still further This could go before it hits any technical hurdles the 120 spot 55 isn't that far away So then have a quick look at west texas crude. Where are we? You can get an idea Now yesterday was actually an okay day for west texas So we managed to rebound back higher But it looks to be a retracement back up to broken support now potentially acting as resistance at 35 30 So that could be an interesting Area for for traders depending if you're on the long or the short side You can see 35 30 as a as a resistance So you might use that as an opportunity to sell short Hoping for further downside the stop loss a little bit on the other side or conversely if you think West texas crude is going to break higher once we break through 35 30 You might expect it to be a technical breakout And if there is you might target the tips of the candles here or a longer term potential Resistance at 39 31 it depends on your current view So then if you have a look at gold now gold has retraced back down to 1072 level we talked a lot about for the last couple of months Today is no different to add a retracement out yesterday closed at the bottom of this range. It's not broken 1072 so far this morning Has been higher already. You can just see the tip of the candle there has been pushed right back down again So this is going to be the strategic level for gold traders today If we can keep his head above there or not So finishing up with your dollar and gbp usd. So your dollar has had Three positive green candles in the roses to be three advancing soldiers as a candle formation Ben recently not able at all to follow through with a continuation of that pattern So it's kind of reverse back down there Opposition those looking at from an interdate perspective. It's a slowly grinding lower But it might get a short term support by that 55 period sma So finishing up with gbp usd. I broke through one spot 48 59 unfortunately and That has retraced back up to there this morning That is now a broken support potentially acting as resistance. So one spot 48 60 Is a level of watch out for a longer term potential sport one spot 46 40 If we do break above one spot 48 60 You could look for a technical move back up towards one spot 50 27 But you're still firmly in the downtrend on gbp usd. But With um gdp due today is actually a decent decent figure on there If we get a good figure, of course for for uk gdp That might be enough to to break to break through there and move a little bit higher If it comes in a disappointing level, you might expect it to be further down with pressure So guys keep your eye on the chart form Make insights part of your leg going forward and join me again Next year I'll return after the holiday period and very good luck with your trading. Take care. Bye. Bye