 Good morning and welcome to today's products and focus so over the weekend We had some disappointing day come out of China again, and today is the first day that Greek stocks have started to trade in about four or five weeks So there's a little bit of apprehension out there in the markets and as a consequence to that the US 30s That is lower below potential resistance at 177 47 Which it did try and break through there on Friday, but then failed to do so by the end of the session through quite a volatile over in Germany of as a big exposure to To Greece over there and the UK is struggling to break a little bit higher as the fallen commodity prices continues to impact a lot of the big oil stocks and mining companies and the sell-off in commodities is getting more pronounced with copper a lot lower near 2009 lows and Cruel oil when we have a look at it West Texas is down at 46 and change So that's kind of where we are with that other technical indicators are relatively neutral, but looking at this for now obviously pressure Remain in regards to the major levels there. So looking at the UK 100 very volatile session Friday managed to close positive, but was unable to break above 66 86 or close above that Sorry, and we are lower this morning. We could have a reversal of the MACD Other technicals are relatively neutral Again, we are actually trading between a 21 period SMA here and a potential resistance So it might be interesting to see which side it breaks and they will get a move higher or we might get a tick below There's moving average in which case 65 89 could be the next potential support level there Moving on to Japan 25 and we saw a big reversal in the UF dollar So we go wherever we look at Japan to do five. We always talk about dollar yen Because you obviously have quite a strong Relationship there together wage growth in the US thing on Friday came out the slowest in there in the history And that caused a big turnaround as them There might not be the same need for increasing rates is what some people might have thought and that's cause Cause quite a big girl quite a big turnaround in the US dollar especially if I look at your dollar and And dollar yen big turnaround and a big sell-off and a slow kind of right up to the opposite end So we're real Japan 25 we reverse down towards those dual moving averages 2868 still remains a potential resistance, but we are making a pattern of lower highs currently so you got high lower high and lower high Could be the start of some sort of fair weird shaped descending triangle formation Always have to see how that pans out. Certainly we've bounced off the session lows on Japan 25 this morning So moving on to dollar yen, you'll be able to see that we were And then really charged you can see the move is a little bit more aggressive in the daylays It doesn't look too bad, but it did sell off quite a lot after that Friday's US wage growth thicker coming out But 124 42 remains the potential resistance. I guess we're just around 134 right now So not a massive decrease there on dollar yen That's where we're getting a bit of a jump there on Japan 225 Moving on to West Texas cruise, you can just see how bad their Friday session was We were we have been as low as 46 what 20 but looks to be the 45 85 the tip of this candle here It could be the next logical potential support other technicals are relatively neutral to oversold sort of not the total But that's not surprising when you've been in quite a down with action since the end of June right there So commodity still very pressured as a copper down 2009 lows gold is It's been a tough one to call because if you look at Friday's candle because of the volatility First of all it sold off just to like it was going to break it to the bottom of this triangle Then the wage growth data came out on Friday and jumped the opposite direction only to close within the pattern again And we pretty much bang on that level again Especially of us uncertainty and everything else so people still buying the yen still buying gold not a huge amount incidentally Because you just got to figure out what the next move is for for equities So moving on to your dollar and cable so you can see that moving your dog way more pronounced So we were up much much higher. Oh no on on your dollar It can spiked up when that wage growth data came out there on Friday only to get pushed all the way right back down again As the dollar began to wrestle a little bit again to think well Fract that the September could still be that that date when that wage growth data first came out Commentaries are all over this and we'll defend can't raise rates now not with data like this But the market looks like it's that has spoken so that should be quite a strong technical signal I'll be it's not really falling through with that much figure this morning, but we are hitting that 21 period SMA and The technicals are relatively neutral. So again, we're in between two ranges one spot 11 and one spot 07 86 And I finish up there with GBP USD Still also laying around one spot 56 potential resistance one spot 57 43 With the potential support below one spot 56 of one spot 54 24 other technicals are as ever pretty neutral So economic data wise you have those are PMI data from Germany The Eurozone and the UK and the US today and domestic auto industry sales And if you go on to Tuesday, you've got UK house data and then Wednesday You've got more PMI data this from market serve and HSPC a number of the big financial institutions Do their own PMI data forecast retail sales ADP private payrolls And obviously you got non-farm payrolls coming up this Friday as well, and then you have your Petroleum data sales and more PMI the ISM non-manufacturing business index as well So Wednesday promises to be a little more exciting regards to economic data So as ever guys keep your eye on the chart for lots of cool analysis on here I can see a number of CMG clients actually posting their own analysis, which is great And then make sure you keep your eye on insights and join me again tomorrow to find out what happened next