 Wel i dyfodol, rwy'n gweithio i'r ysgolwyd yma yng Nghymru a'r ddweud ar y cyfaint. Rwy'n gweithio'r 1 o'r ffasol o'r Octobre. Yn 4 o 5 ymgyrch, mae'r Dax yn diolch i gweithio'r ymgyrch yn gweithio'r ysgolwyd. Mae'r S&P 500 yn diolch i gweithio'r ysgolwyd yn gweithio'r ysgolwyd, ac mae'r Dax yn diolch i gweithio'r ysgolwyd yn gweithio'r ysgolwyd. Rwy'n gweithio'r cyffin o'r cyffaint cyffaint cyflwynt ar gyfer'r gweithio'r ddweud, y S&P 500 yn yma yw y 200 dymlu cyfrifiad, a flynyddoedd eich gweithio. A dyna'r ddweud hynny'n gweithio'r ddweud, sy'n gyflwynt o'r gweithio'r gweithio'r gweithio'r gweithio'r economi, yn ymgyrch yn ddweud, yr economi a'r gweithio'r ddweud, mae'r ddweud yn cyfaint o'r gweithio'r gweithio'r ddweud, in US equity markets back to the all-time highs that we saw earlier this year but also I think whether or not we're going to post a move back through the 11,000 level in the DAX after a very very strong rally seen in October so the key factors that I'm going to be looking at this week are going to be the US employment report which is due out on Friday that's going to be closely monitored in the wake of last week's very hawkish Fed statement that caught an awful lot of people by surprise including me so really it does throw into question my expectation that we won't see a rate hike this year you know it's now a 50-50 bet on the Fed funds rate WIRP on Bloomberg going to have a look at cable in that context and also going to be having a look at the Kiwi Dollar where I think there's a very very good potential breakout pattern starting to form on the top side so as we can see from this daily chart on the S&P 500 we've broken above the 200 day moving average at the end of last month and thus far we've managed to hold above it currently we're testing the August highs around about 21-12 I think that that's going to remain the next key resistance level on the top side but on the downside really looking at around about the 2065 area we haven't as yet been below that since we broke above it around about the middle to end of October and that's going to remain I think for me the key support on the downside is pretty much an identical story on the Dow Jones I won't show you that because essentially the two benchmarks are exactly the same 200 day moving average on the downside and support round and resistance rather around about the 18 000 level now the German Germany 30 is I think the key chart that I would really want you to look at because that is becoming a very interesting chart we can see from this daily chart that I put up in front of you that we're coming to a confluence of resistance levels not only are we coming near to the 200 day moving average which we've been below since the middle of August and I think that's likely to act as a significant resistance level but we're also coming into trendline resistance from the April highs as well which comes in around about the 11 160 level so we've got the 200 day moving average 11065 we've got the trendline resistance coming in from 11165 and then we've got the 61.8 fibonacci retracement level from the April highs to the lows that we saw in September which comes in at 11 210 so between 11 160 and 11 210 we've got a very strong area of resistance on the top side which needs to be overcome to I think give a clear indication that we've got potential further upside in the Dax back towards the 12 000 level that we saw in mid July and at the beginning of August now we're going to move on to cable now cables been trading in a pretty much a sideways range for a good part of the last three months it's fairly well supported from trendline support from the April lows currently comes in around about 152 150 210 but on the top side it's running into a significant barrier of resistance at the 100 day moving average as well as that trendline support that I trendline resistance rather that I've drawn in from the highs that we saw at the end of August they come in round about the same sort of levels so I think for further upside we really need to see a move through 155 10 now a lot of that will depend on what comes out from Thursday's Bank of England rate meeting and the inflation report and the future growth forecasts from that quarterly inflation report because I think when you actually look at what UK data is done relative to US data it's actually been that much better and I think depending on how hawkish or how dovish the Bank of England is in its quarterly summary could dictate where the pound goes to next and my bias I think remains for not much sterling weakness in the short term which would mean that I wouldn't expect to see a move below 152 over the course of the next few trading sessions of course that will also depend on Friday's US payrolls report and expectations there are fairly high in the context of the number of job games that we're expected to see out of the US 180 000 is the benchmark that's currently being priced in I think given the fact that we've seen 142 and 136 in the previous two months 180 may be pushing it and we will I think we could potentially be lucky to see 150 if we get a week number that could be dollar negative could well underpin the pound as well and we will be hosting our weekly or not a weekly on monthly non-farm payrolls webinar on Friday at 115 mewn Colin so please feel free to tune into that where Colin and I will dissect some of the key chart points and the data as well in the wake of the release. We're going to finish up with Kiwi Dollar Kiwi has enjoyed a significant rebound in the past few weeks on the back of slightly firmer commodity prices slightly firmer milk prices does appear to be running into a little bit of resistance and that's borne out by this particular four hour chart that I'm putting in front of you right now we've broken towards the downside we've broken below that key support line from the lows that we saw in September but the key support level remains at 66 20 it coincides with the lows that we saw in the week beginning the 12th of October and the week around the 26th of October if we break below that 66 20 level then we could we'll see further Kiwi weakness so that concludes this week's weekly video just remains for me to remind you about Friday's webinar with me and Colin at 115 otherwise until next week this is Michael Houston talking to you from CMC Markets