 Hi, good morning guys and welcome to today's products and focus as you'll to see there the US 30 is still bouncing around that potential support as 16 7 3 8 and that's obviously coming off quite a strong sell-off that we had midweek as World Bank load forecast Obviously, we had that kind of conflict to suddenly spring at an over in Iraq And obviously you still have things going off in Ukraine as well So there's a lot of geopolitical elements and play right now. We're actually seeing that crude oil is continuing to move higher It's now a 107 spot 50. It's a lot more gold buying as well And there's not a lot of encouragement and regards people wanting to buy equities right now So it'd be a lot of uncertainty, but there is a lot of economic data and Some regions are doing a little bit better than others. So this is where the US 30 stands right now This level looks to be relatively strategic in the short term Looking at the UK 100 the UK 100 is just ever so slightly down this morning. Obviously had a real bad Movement there on on Friday and that was mainly in the back of the potential early rate hike Which is catapulted cable up to 170 it touched at one point today And it was quite quite negative for a lot of UK equities, especially UK home builders, which are usually footsie 250 Some of them were done about five or six percent yesterday Not yesterday on friday And nevertheless, we are at potential support at 67 74 next potential support is at 67 13 But we are bouncing off that 55 pureed sma which might provide short term support Looking at Japan 225 has also come off a little bit after its real good move there on friday on the bank of japan governor's confidence statements in the economy But nevertheless, it's not been able to to stay in the bleed most global markets got hit quite hard there Last week and the japan 225 is playing a little bit of catch up there as well So currently trading below 14977 which could be a short term support So looking at dollar yen Dollar yen has been moving to the downside quite as exactity We are still in the middle of two ranges right now We are looking like we might be capped at 21 and 55 pureed sma Next potential support is at 101 spot 35 the real pair to have a look at as ever is euro yen Which is still moving quite far down now trading at 137 If you want to get that exposure to the to the euro To the downside euro yen seems to be the place to look at just now as well So having a look at that crude oil west texas still going great guns there slight doji formation there on friday But even though things are slightly improving in iraq at the moment You do have a deteriorating situation in ukraine with the shooting down of the That military jet there. I think it was on friday or saturday By pro-russian forces and obviously the fact that now nato have noticed that Or have managed to prove that the russians are actually sending tanks Into ukraine so things are looking a bit dicey there as well So a lot a lot of things helping to support crude oil Especially west west texas as well The longer term potential resistance still remains around about 109 But you could be looking beyond that in the future if things get out of hand to keep your eye on iraq for that And that regard as well see if the iraq government managed to make many gains So looking at gold Gold's loving all this risk right now all this uncertainty is having absolutely fantastic fantastic time 1295 the next potential resistance We are coming up close to That by a period sma right now As ever as as things continue to get worse. So you see things kind of Escalating in ukraine The iraq government begin to lose further control. They seem not to be at this stage, but if they do And obviously all the other unrest we have in other parts of the world Gold is lapping up right now. So, um, you're not seeing exactly like load and loads of yen buying especially against dollar yen Because it's usually also safe haven right now your yen seems to be where i'm seeing a lot of action this morning But gold is really doing quite well, but it's had a great couple of sessions So, um, I see if that's able to continue that on so let's have a look at your dollar Your dollar is moving lower again um So one spot 34 55 is next potential Support does look like it might have some little short term support on about 135 000 Because we have obviously at this this is the tip of our candle there and last the the ecb rate cut That could be a level worth looking at We're firmly below all the moving averages and a lot of the other technical indicators are relatively neutral ish So it could be still for the move movement Either side we are in the middle of two ranges obviously So we do move back up if you're looking at one spot 35 68 But potential support one spot 34 55 And if you finish up with gbp usd This is really fantastic movement that we've seen 170 is obviously Short-term resistance we've got to get above 170 get a close book above that then we could be looking at one spot 70 42 And then I need to relook at my chart to see for the next potential resistances, but Basically great guns right here just now and an early weight hike for the uk Should be seen as a confidence in the state of our economy You will get short term shocks in the equity markets and obviously cables reacting quite strongly to that possibility just now So keep your eye on this 170 is the level to watch So economic data wise CPI and RPI due at 9 30 basically any uk news from now on anything that's positive Makes it way more likely we're going to raise our rates at the end of 2014 Which is what some analysts are thinking every week bit of data will dent that so you might see exaggerated moves in gbp usd Um to do keep that in mind the zw business report And by the fact that's uh, that's tuesday We've got a fast forward there on to monday there. So you've actually got Consumer price index there today at 10 So that uk data is actually due tomorrow. I should point that out That's actually where you'll want to see some some cool stuff happening Keep behind the chart form as ever and make sure you make insights part of your layout going forward And join me again tomorrow to find out what happened next