 Hi, good morning and welcome to these products and focus the US there is unperforming the rest of the European markets It struggles with a stronger US dollar as we get well into earning season in the u.s with many companies complaining about that strong greenback impact in their bottom line as As trade you begin as these companies begin to repatriate their funds back to the u.s They don't get quite so many dollars for their profits that they get in other parts of the world So we are actually developing a bit of a symmetrical triangle formation here on the US 30 For as if you look at other markets such as the Germany 30 is a prime example is soldiering on obviously this point of easing Just getting unveiled there last week It's as really put out a massive shot in the arm with the Germany 30 close to 11,000 So it's currently near 10,800 But not strong stones throw away from from 11,000 should things continue the way they are just now So we're getting a narrowing range right here, which means most technical indicators are narrowing out as well We're in the middle of two ranges 546 and 177 38 on that market Looking at the UK 100 stopping shy of Almost all-time high there of 6906 Which is testament to the strength of the of the UK market in fact, but we just go from here Look at this from a monthly basis Let's see exactly where we stand. I just get my drawing tools out right here Yeah, we are pretty much once we get above this this peak right here. We are pretty much bang on Fresh all-time high on the UK 100, which I don't think is insignificant to be quite honest So you can get a bit of an idea of where we are just now Just a stone's throw away from 6908 So they're moving to Japan to do five broke out through 74 96 Ina up 18306 as well Bank of Japan still has the option to do more money to extend this in the future We are seeing some interest in moves and dollar yen quite volatile dollar yen actually would come back to that in a second trading above both Both moving averages and discussions you're aligned there where other technicals are quite neutral Then looking at dollar yen It's kind of flattening out matter of fact almost got that death cross on the moving averages right there Probably more volatility expected even with much even with that really really strong US dollar Rampant across most other FX pairs. We've not been able to break above the heady heights of December of 121 So maybe this is as far as the dollars gonna go until there's a stronger case It's already quite strong regards to the MAC for data coming out So moving on to West Texas crude weakness still prevalent still looking at a longer-term potential support at $35 30 cents We are at 44 81 right now Basically, if we break below 43 We might get a couple of percentage point move in the back of that because that'd be multi-year lows once again Moving on to gold. It's kind of flat lining coming off again the last couple of sessions unable to stay above $1,300 1273 is next potential support. We've almost got a negative a bearish cross on the MACD Which from a technical perspective would be negative again our size is crossing 70% level and the slow stochastic there is just about to break the 80% level so This could be a hammer formation that we might have in the short term Should we get any meaningful type of bounce after this bit of profit-taking which could bounce from 1273 to retarget 1300 again But feeling that if it breaks below that you'd have the crossovers and most these technical indicators So we'd be at we would be eyeing up 1254 on gold. So finishing up with GBP USD and cable We've had a surprising bounce on your dollar as The new series the party and Greece is probably shackled by the previous government policies of the of the incumbent government And possibly not so much anti-euro Behaviour expected from The new government out there So we've certainly had a decent bounce there. I'll be I did come off first thing in the morning. We have had a bounce Longer term potential support still remains at one spot 0 7 86 But it'll be interesting over the next couple of days because we do have some macro data do it later to see if your dollar can Continue its upwards trajectory Certainly, it's at the top end of this range as we speak right now. So finishing up with cable Cable similar kind of story a little bit of a surge Potential resistance one spot 51 85 could be a pivot for a move back down to downside Certainly one spot for 8 13 is the next potential support That's kind of currently where we stand for that. So I come at data-wise. We've got UK GDP us durable goods and CCI data due later on today So there's a fair amount of data that could impact the UK Cable and the US markets is fast forward on to Wednesday. You've got German CPI good for your dollar Of course, you can't forget that is the FOMC two-day meeting starts today finishes tomorrow Now, even though this this interest rate is going to stay the same It's all about the statement that comes out afterwards from the Fed about the huge quantities in Process that's been unveiled in the eurozone and the impact that might have on the US economy They might talk about the strength of the USD. So very important Decisions and statements going to be made over the next couple of days Obviously if you're cruel trader, you do do have crude oil inventories on Wednesday to look forward to as well So fair amount of equipment data as ever keep your eye on the chart form for more technical trade setups for a global analyst team Make insights part of your leg going forward and join me again tomorrow to find out what happens next