 Hi, good morning and welcome to today's products in focus US 30. There is still pushing on a little bit higher I'll be as coming off at session highs today. We are above potential resistance at 14 16 401 which might was kind of broken resistance now expect attack as potential support this candle That we've got today is not such a great start to the mornings And we've already pushed up higher and then being had that reversal right back down again So this could be the strategic level to look at the technicals of all of us. They already being oversold and they've already pushed back through We've almost got a crossover on the MACD and there isn't a huge amount of fundamentals due out until Wednesday So we might still have a lot of rebound short-term trends are still up But maybe a little bit top-heavy right across most of the European indices as well. So 16 401 will be the level to watch looking at the UK 100 now Actually has gapped higher, but then drifted down already You're probably looking at 62 70 is an exponential support level if we do continue to see a little bit of drift this morning Technicals were obviously they have been obviously already oversold. They're already pushing up the top ends We've got a break out there on the 30% level on the RSI we just a bit across over 20% level on the slow stochastic So certainly some of these technicals are looking a little bit more bullish now But the candle today already is is on the wrong side of the line. So It looks to be a little bit of pressure So 62 70 is the level to watch out for Japan 25 had a massive surge But because they had a bit difficult session there on Friday, but we've moved up to 14 977 as a potential broken resistance, which might now act as support that we talked about before As they get as the moves in Japanese yen that are going to be a greatest interest Japan to five traders So there's already been Serbia's come out of Japan Seeing that 110 yen is probably as weak as the one dollar yen to go because various raw material costs such as crude oil Imports gloves Japan relies a lot on their imports The end weakens too much certain sectors will get particularly hard and it makes it hard Obviously Japan imports most of this fuel and with Fukushima being shut down in the nuclear option of the table They have to import a lot of energy costs. So obviously yeah, we can yen is great for their global companies who are You know taking cash in and dollars and euros and whatnot when it comes to importing raw materials You know that we can yen has began to hurt a little bit now as well So it's a balance and acts getting the yen weak enough to benefit the exporters versus the importers so This is going to be very interesting kind of moves. We've talked about government intervention should dollar yen get to one fifteen one twenty but obviously a little bit way from there right now about We have been seeing surges in the US dollar across the board again as ever and that's a helping dollar yen to retest 107 spot 36, which is the potential resistance level to watch out for Looking at West Texas crude lots of volatility again Fundamentals haven't drastically changed $84 is going to be the potential resistance level We're not seeing much movement already this morning It could be very easy to see that there could be a little bit further weakness on here to watch out for So gold has kind of stabilized around about 1240 Obviously dollar has been gaining interest rate talk has waned So it's kind of tough to get an understanding before gold is going to go next obviously There's been a little bit of volatility recently just a little bit there last week But I guess the markets waiting to see what happens next so already you begin to see a bit of a flat line in gold in the shorter timeframes So round about this level here I'm after we're quite a good bit away from there, but as you can see here, this was previous broken Support let me just go ahead and draw that one on there We are looking at round about 1240 as the potential resistance and that's exactly where we are today So that could be the potential pivot level to be aware of So moving on to your dollar. It's resuming a slide as the US dollar Resumes its advance right across the board one spot 2746 is the next potential support ball by one spot 2661 Technicals are now very neutral They've already had quite a big upswing that's taken some of the pressure that that of the of the of the shorts A lot of a lot potential traders might be looking at this as a new opportunity to reinstigate those potential short positions on Your dollar, but we've got two levels of support to get through already The last two candles have been particularly negative one But matter of fact Thursday's one not it's not negative sort of my mistake But the fact is that we didn't follow through with a positive candle right there And the fact that we're now kind of floating around once about 2746 is indicative of that pressure on your dollar So finishing up the GBP USD Similar kind of package still and downtrend We're not getting the same level of aggressiveness On the dollar versus the sterling as we have against some other FX pairs We are slightly negative today don't get me wrong But we could be getting a slight curvature of this of this trend right here So rather than it being quite a steep decline, we are maybe bottoming out only about one spot 59 one spot 60 So it'll be interesting to see when the next couple of sessions where we do have some data due for the The UK on Tuesday with nothing dramatically major, but these are the levels to be aware of so looking at the economy Data-wise, there's nothing really much else to come out with today balance payments and nothing really special Fast-forwarding on to Tuesday. We've got some Chinese GDP figures Obviously these figures here are going to be quite keenly watched industrial production They'll be out depending what time zone you're watching this on. That's a 3 a.m. UK time We've got public sector finances good net borrowing costs in the UK And then we've got existing home sales in the US and then if we fast forward on Wednesday That's when we start to get something a bit more tastier when we've got a US CPI Which will be probably most keenly watched data release for the first couple of days And we'll cover some of the later ones later on the week Keep your eyes on form as ever make insights part of your layout and join me again tomorrow to find out what happened next