 Hi, good morning and welcome to the products and focus so after non farm perils and friday there that came in at 285,000 versus 225 Expected even though we had a little take up on the employment right there and we saw big moves Before the weekend on the dollar especially against Japanese yen Whereas most global stock markets took a bit of a slump on the news as obviously they take a Possible and straight hike in the US as a short-term risk adding some uncertainties to the markets UK market in particular looking quite down Germany 30 down and the US 30 and SPS 500 kind of down a little bit there as well. So this is your Friday candle You've followed that through with just a slight bit more further down was action this morning 17 747 is the next potential support level Is mac these crossing the zero line the other technical show further room for for this to move lower? And certainly this looks pressured in the short term So then moving on to the UK 100 you can see now that we've broken that trend line is Broken a lot lower that was a Thursday's candle Then you've got your Friday's candle almost touching 67 71, which is a support level for me that we talked about a large number of times We've had a very very very small bounce this morning, but The down was pressure looks to be firmly in play the next potential support 6686 should that continue on Japan to do five normally would have been a little bit more buoyant with the music in dollar yen, but obviously Most global equity markets have come off slightly Following the job number on Friday This looks like I can have a flag formation or a pendant formation So consolidation before a re-challenge of twenty eight sixty eight Because they'll be in the cards. So I'm looking at dollar yen Dulling getting quite close to potential resistance 126 This is a 13 year high for dollar yen Great, but kind of bullish engulfing pattern again that we've had there on on the Friday session there and decent amount of momentum As stop shine of resistance and slowly ticking down Telecom the care perspective everything's quite overbought the RSI slow to castig I'm going to see a reduction in the MACD histogram Which is indicative of the fact that there is a slow down the momentum But that's not surprising after the moves that we've seen every break one twenty six then a one twenty nine ten as an Ex-potential resistance level moving on to West Texas crude We actually had a positive session on Friday Even though we had a big surge in the green back which now with pressure pressures commodities So crud doing okay The elections over in Turkey as well probably adding a little bit more and stability to that part of the region for the Popular party there only got 40% of the votes, which is still enough But not enough for a majority and the Kurdish Party in Turkey got 10% of the votes the highest that they've ever done, but there's probably gonna rally a lot more Courage to the cause on that side so a little bit more and stability But crude having a decent day hammer formation actually that we've got right here after selling off the previous couple of sessions $57 is the potential support level other technical the relic are pretty flat This has been moving the side views action for a month and a half So you've got potential resistance round about 62 and then obviously you got your short-term potential support round about $67 Moving on to gold gold got her on Friday actually, but off the session There's quite another surprise a move for gold I thought after no after those non-farm payroll figures that the gold would be really feeling the pain a lot more But off the session lows Trying to have a bit of a positive day today Entry day chart wise you can see it's tried to take up slightly You've got a death cross on the moving averages and you can see the MACD is broken below the zero line here as well Whereas the RSI and still to cast it still show there's further rim again to move lower So the next potential support would be 1137 on gold with potential Resistance now 1186 now be broken that support that's now expected to act as potential resistance So moving on to your dollar Lots of news over the weekend about Greece and the head of the ECB Junker who is ECB but of the European Union member presidency and lots of issues between Junker and the Prime Minister of Greece there Usually known as being more staunch friends But a lot of a lot of words said in the weekend over a lot of European newspapers Patience is fast running out And obviously they've got night till the 30th of June to make the IMF payment of 1.2 billion euros And things are certainly heating up a little bit And that's what's causing a little bit more downward pressure on the euro and you combine that together with the dollar strength who got from friday Um It's it could potentially be the perfect storm, especially it looks like that note that they're so far away on reaching a deal That maybe doesn't happen by the 30th So long term potential support one spot zero eight We are bang on a support level right now Which is around about one spot 11 We're just a little bit above that just now at 43 11 43 Bouncing we're in a 21 period SMA Whereas the other technicals are again are pretty neutral So the fact that we had this graveyard doji formation there on thursday with an ability to fall through and then quite an aggressive sell-off the following day Um, if we break one spot 11, then it's probably quite likely that that downwards pressure would gain Momentum and that means that one spot zero eight could be on the cards. So finishing up with gbp usd Hammer formation again sold off strongly on friday after the figure found stuff potential support one spot 51 85 Which also coincides with that 55 period sma. We talked a lot about during these sessions Is in positive territory today almost at the top end of this range short term spike But we are in the middle of two core ranges now one spot 54 24 and one spot 51 85 So I come in data wise disappointing data out of china Especially trade balance imports Down 17.6 percent they're expecting minus 10. So that's that's pretty bad Again probably adding a little bit of extra juice for Stimulus over in that part of the world But the asian stock markets actually took a tumble on the back of that normally bad news is good news in this instance But I think that import figure was particularly bad And if you have a look at german exports, they're Better they came in slightly better than expected month a month for exports Imports minus 1.3 minus versus 0.5 expectations. That's not so great There's not a huge amount extra due today data wise fast forward on to tuesday. You've got chinese cpi Eurozone gdp And then on wednesday You've got critical inventory So not a huge amount of economic data to be honest to get that excited about so you'd be driving quite heavily by technical factors And we'll see how that pans out So keep around the chart for them because michael hueson and jasper lawyer are two uk analysts We'll be posting lots of interesting technical trade setups for you to have a look at Make sure you make insights part of your later going forward to help you navigate the financial markets And join me again tomorrow to find out what will happen next Thank you