 Okay guys, good morning and welcome to today's products and focus. Well, the FOMC certainly surprised last night with a particularly dovish statement catching the hawks off guard, big moves in the dollar overnight, big moves in the dollar again this morning to be honest. So long story short, ultra-less monetary policy for the longer term, no looking to raise interest rates anytime soon, and they gave a timeframe of, I think I believe sometime in October to wind up the Fed stimulus package, but all in all, no sign of rates, quite happy to keep rates for low for longer period of time, gave a little bit of a boost to the equity markets, had a big effect on the dollar overnight, it's almost completely reversed again first thing this morning, so we'll have a look at that in a second, US 30 just hitting potential resistance at 69.69, the all-time high still remains around about 17,072, that's going to be our next potential resistance to the markets are unable to move up that little bit higher, obviously we are still in the middle of the burning season, not much else coming out today I don't think, but there's a lot of reasons for the equity markets to keep on grinding a higher over in the US, so the UK and European stock indices however are not feeling the love that much, there was a little bit of rebound last night, you can see here by the tip of this candle here, that we've done that little bit higher after piercing 6713, we pushed higher on the back of that FOMC statement, we've since retreated right back down again, it really feels that the pressure is on for the UK 100 and the Germany 30, keep your eye on the potential support here at 6713, if you break that next potential support is 6666, so Japan 225, since the dollar kind of basically gave up the gold last night, Japanese yen is in play, people buying up the yen right now, that's adding pressure to Japan 225, potential resistance still at 15488, we are hitting that 21 period SMA, nothing really too exciting, we are maybe actually starting a setting triangle formation right here, let me just quickly add that onto my chart, just take the bottoms like this, actually that's exactly what that is, so that means we're either going to get a break lower or we're going to get a break higher, so I'm going to say there's an ascending triangle formation in Japan 225, if we do get a break below this potential support then 4977 is in play, now looking at dollar yen, the trend still seems to be intact, that US dollar weakness is obviously helping dollar yen and it's downtrend, if there is uncertainty in the market i.e. any of the US earnings begin to disappoint and people get a bit scared, fears returning to the markets, VIX has been up, people will be starting to buy the yen, so keep an eye on 101 spot 35, that looks to be potential support in the short term, followed by 100 spot 80, Japanese yen has always been a favorite of mine and it's been slowly creeping lower over the last couple of last couple of months, so let's see what happens with that, so West Texas crude continues to disappoint, trying to do a little bit more deeper research as to why this is happening, so yesterday inventory that just came out worse than expected, I think it was minus 2.4 versus minus 1.7 expected, so reading a bit more about this, apparently its Libyan production output has increased and US demand is decreasing and obviously if you throw in the fact that Ukraine and Iraq don't seem to be destabilizing any further, that seems to be some of the fundamentals behind it, the reality is I think a lot, I think this move, the quickness of this move to the downside has surprised many considering the fact that large waves of northern Iraq are still under control by Sunni rebels, but nevertheless that's where we are just now, so the new potential range is resistance, potential resistance at 103, potential support at 100 spots 60, so keep your eye on that and obviously we're just at the cusp of the law of this candle right here, so maybe roundabout 102 is another potential short term support, so interesting moves there on crude, so gold, gold obviously getting another shot in the arm, no rise in interest rates, that's a dollar positive, weaker US dollar, that's a gold positive, so we are now retesting potential resistance at 1332, a lot of the fundamentals are in place here, if this manages to break and close above 1332 then the next potential resistance at 1362, which is a decent move, so this ascending triangle formation is close to breaking out, 1332, keep an eye on that level, very important, so Eurodollar had a great move to the upside last night on the back of the FOMC, it's had a reluctance to break past resistance, potential resistance at one spot 3645, that's the level to watch, loads of people looking at FX today, cable, Eurodollar, all in play today, and finishing up there with GBPUSD, we had a chance to retest one spot, 17184, failed to move it a little bit higher, even this morning we actually attempt again to get pushed back down, that the severity of the move on GBPUSD is a little bit more than Eurodollar, but you know things are in place now, if the UK data would continue to be strong, the US interest rates don't appear to be going anywhere based on the Fed rhetoric, though they do happen to change their minds every so often, but so does Kearney, so I give you a bit of an idea of what's happening, so UK data-wise, we've already had some Chinese data coming out, looks like a slight disappointment there on trade exports, and a similar thing with trade exports in general for China, we've got UK trade balance, UK interest rates due to date at 930-12, respectively, followed by jobless claims at 130 for the US, and then on Friday, I'd be very surprised if we didn't have any data, but apparently we don't, so keep your eye on the chart forum, I hope you're going to keep your eye on a lot of things today, but there's lots of good analysis on here, big insights part your layer, and join me again tomorrow to find out what happened next.