 Hi guys, good morning, and welcome to today's products in focus as we will see there the US 30 there had a late rally in the back of birth for Hackewies Better than expected earnings of 41% so Warren Buffett's company Really helping to push the S&P 500 up and thus to die ever so slightly as well That we failed to break above 16.5 98 We're kind of just kind of floating standing still right now just below that potential resistance and that level be strategic in the short term So looking at the UK 100 as well, we're still bouncing around 6700 which is the low of the 25th June right here again volatile session on the EECA a small gain yesterday Once all the dust it settled This looks to be a potential resistance and play today looking at Japan 55 It's actually broken down a little bit lower below potential support at 15488 Trading below the 21 period SMA. That's kind of bad news for the Japan 225 from a technical level. This looks kind of a bit ugly Obviously still at a 55 period SMA right there, but the next potential support would be at 14977 Should that sell off there continue? Looking at dollar yen It's not really moving as well I thought we've moved a bit further in the back of that Japan 225 move But disappointing data out of China and their service sector one of the most they've ever had since they started taking Records in 2005 really impacted the Asian markets, and that's why Japan 25 is also slipping so much But dolly and still trying to hold on about this level to the side which direction is going to go next 102 spot 90 is still a potential resistance any retracement back then might bring into the 21 and 55 period SMA right here Following on from that you got 101 spot 35 is the next pen potential support level So moving on to Cudall West Texas is trying to have a retracement back up to $99 It's obviously on the right side of that right now Depends if this is going to float right here and then move back down to 97 spot 64 Or if we can get a research back up to 100 spots 60 Crew elementaries are due tomorrow. There has been a bit of a supply glut This level is that could be kind of interesting in the short term. So we're in about $99 It's the next potential resistance slash support. I'm looking at gold gold is Again trading that tight range could be another start of a wedge formation right here If I just go ahead and get my drawing tools on here Very much could be This is my friend I'm probably pretty sure that's what what it is So we'll break out you to the top end the rule it will break down to the bottom I'll be in a narrowing range if this is remain true And you can see that 1295 remains to be potential resistance in the short term So it's another very strategic level to look at so moving on to your dollar We did have a spike there on the Friday and a slow drift back down again as the euro begins to lose steam in the back of Sanctions potential sanctions in Russia will impact Germany and obviously you had the The kind of banking bill out over in Portugal yesterday as well But that should put a cap on further losses the euro is slowly drifting down against US dollar and Move on to GBP USD. I had a bounce off one spot 68 20 Especially after such a terrible last, you know 20 odd sessions This does look like it could be a bit of dead cat bounce And today already we're beginning to move back into negative territory for the session So I think that one spot 68 20 will be the potential support If we do begin to drift back down again following that be one spot 67 44 technical indicators are however overbought Oversold sorry and but yet the signals to buy have not yet been given so you can see the slow stochastic right there It's still oversold, but it's not crossing over the The 20% line and the Mac DJ just crossed the zero line RSI still has some room for maneuver So from a technical perspective There's still a lot more that can happen with cable depending on the economic data So talking about economic data is fifth. So we've got a eurozone PMI UK PMI and US ISM numbers Which could be an interesting driver for up for additional momentum in the market especially on equities and the US dollar And if you fast forward on to the sixth, you've got industrial production for the UK You'll got trade balance deficit for the US and you've got the cruel inventories at 3 30 UK time Keep going the chart form as ever for more updates from a global analyst team and other seem to markets clients And make sure you make insights part of your layout join me again tomorrow to find out what happened next