 Hi there and welcome to today's products and focus as you'll be able to see there by the markets We actually had quite a big it's very been volatile last couple sessions incidentally So this has been quite a lot of volatility right there We actually were down at one point yesterday We get up to lower on the open to finish up almost a bullish engulfing pattern, but not quite And we've stopped dead in the tracks at that potential resistance at 16178 Which is also the 55 period SMA on the US 30 if you have a look down at the UK 100 Similar idea almost a bullish engulfing not quite stopped dead in the tracks at the next potential resistance You'll see this across most markets 6581 and also bouncing off that 21 period SMA Japan 225 has had an interesting kind of a kind of rollercoaster over the last couple of sessions And what's quite interesting here is that we're quite close to potential resistance again at 14219 and Following on from that, you know, this is going to be very heavily done by by dollar yen because yen going People have been buying a lot of gold during this Ukraine crisis Normally they'd be buying a lot of yen as well, but they've been also been buying a dollar So it's been quite an interesting conundrum in regards to what products are are really in focus at the stage But Japan 25 We've done the pressure for so long now And it really needs to get above 14219 if it's going to have any sort of kind of resurgence We're still in this potential down down trend right now as well So following on from that, if we actually have a look at a good old dollar yen You'll see what I'm talking about. We're currently trading below potential resistance at one on one spot 80 These candle formations you're seeing here the last four or five sessions are indicative of the downward selling pressure Each time it ticks up it gets pushed right back down again And I guess that's testament to the fact there is that this little bit of yen buying even though there's what's of U.S. D buying as well I've actually been looking at a lot of the charts and today there's been some quite a quite interesting movements Overnight and some of the other FX pairs, which we'll come back to in a little second as well Okay, so let's jump on to west Texas crude and Long-legged candles again beautiful support potentials are sorry beautiful potential resistance right here one on five Two doji formations right now. We're actually negative for the day next potential support Uh, I actually see where this is drawn from often the tip of that that that candle right there At one or three. Okay, so that's the strategic levels for um for good looking at gold Had uh, that's a bearish and gulfing pattern there today Um, so I pretty much hit that resistance. We've been talking about potential resistance at 1332 Uh, and we're selling off quite aggressively in gold this morning actually That's quite a negative candle right there. And we're just touching that 55 period SMA Firmly bearish and gulfing pattern. It's not closed yet incidentally. So, um, there couldn't still be lots of volatility throughout the session I'm guessing that it could be a lot of dollar strength out there Unless it'd be a big turnaround in the ukrainian situation And I've come into work. So obviously there actually dollar strength has come back in Your dollar getting pushed down. Uh, and we're now touching that 21 period SMA um Gap down yesterday down again today next potential Support is at 37 72 And if you fast forward then on to gvp usd Yeah, it is a usd strength story. That's impacting gold there. You can see it's pushing sterling back down as well We're trading below potential. This is actually resistance now incidentally 67 44 We're miles away actually from the next potential support and even the SMA So there's a little bit of room for this to to maneuver if we are seeing a surge in usd strength Throughout today's session. That's what was in the back of really strong retail sales Um, and us yesterday. I think that came out much higher than expected point four was a forecast point seven You know the city bank earnings as well, which blew away expectations giving a bit of the left to some products as well So the day is a whole raft uk data. You've got cpi and rpi in the in the uk Which will impact cable and the uk 100 You've got the ze w business report, which is euro dollar and germany 30 specific Those are going to be quite good to look at and then you've got us cpi data as well at 130 Which will be will be widely looked at and if we go on to thursday and wednesday, sorry We do have chinese data which is dragging markets lower this morning arguably. They're quite soft right now in regards to The economic progress They're still moving the right direction by just by not by not enough So that data will be important, but that's 3 am uk time And then you've got more uk data. You've got jobless claims unemployment from the uk You've got eurozone cpi Actually quite a lot of data that's due that's due out tomorrow And you've got the usual kudal Wednesdays for those guys who are looking at west texas crude brent at 3 30 You've got the petroleum inventories as well So keep an eye on the chart forum for updates from our global analyst team and from other cmc clients And make sure you make insights part of your layout going forward so you can stay informed of the news that's moving the markets today Directly from our analyst team and join me again tomorrow to find out what happened