 Hi, good morning and welcome to today's products and focus so I guess most of the markets are still looking at news yesterday that Turkey shot down a Russian warplane on the Turkish Syrian border apparently the Russian plane had crossed the border by 17 seconds traveling 300 miles an hour I managed to pierce the The kind of the border by about 2.3 kilometers shot down On the Syrian side apparently crashing and one pilot dead one pilot at least missing That's obviously cause a lot of tension in that part of the world. They're just now And the markets doesn't don't really like uncertainty that much You can just see the candle that was displayed yesterday very volatile session very unusual candle to get one quite like this It's like a massive spinning top formation. Nevertheless, US 30 is still above 177 47 Which also has a 21 period SMA coming out quite close behind it So unless there's a serious escalation over there, the markets look to be kind of Flatlining a little bit close to this potential support that hopefully will remain and play for any a few equity bills out there Moving on to UK 100 again very strong at hammer formation here We've had a big spike in gold big spike in West Texas crude Because obviously those those products can be quite a heavy influence if there is an escalation in the conflict And between a pair and allies as well, but there's it's a bit of a mess in the Middle East right now with there with Turkey Being quite closely linked with a lot of the kind of jihadists in the region And Russia obviously supporting Bashir al-Assad against a lot of different rebel groups in that area as well When we look at dollar yen, that's perhaps the telling piece, you know with the Japanese yen being a big save haven dollar yen reverse course And it's heading a little bit lower at the moment, but going back on to the UK 100 This big move here is mainly a commodity turn around move. It's not really impacted a lot of other sectors So then looking looking at Japan 225 Failing to break through 20 spots 20 087 with any conviction is the slowly slowing down Just below this level and we'll have to come back to see what happens next So obviously the yen is now gaining a little bit of momentum So you can just see how this is reverse course We had a particularly negative day there on the Thursday and that was after the FOMC Discussions and we're just slowly moving lower perhaps supported by that 21 period SMA with 121 spot 87 Being the potential support level. So then jumping on to Crudewell, West Texas You can see the the reversal that has had Interesting candle on Monday another decent candle on Tuesday. I just came off a little bit It was a lot higher other on the session with things got really tense Until we obviously got closer to the end of the session that sold off So we're having another re chance to try and break through $42 first thing this morning So then moving on to the yellow metal gold which so far as I had an ok day yesterday Again can someone to Crude as in it was much higher and then gave up half its gains And then is having another retest this morning looks to be a short-term failure to break through the tips of these candles with 1072 being the potential support level still in play So finishing up with your dollar and GBP USD. So yeah, the dollar is not exactly giving up the giving up altogether at the moment The euro has managed to get a bit of a reversal from the lowest Plumb there on Monday where it got just below one spot zero six It's having a decent day so far today But we're still very far away from any potential support or resistance. So we're kind of floating in between two ranges right now So finishing up with GBP USD Kind of a similar picture. We've actually had that retracement now back up to one spot 5110 So we broke through yesterday kind of reversed later on in the session as the dollar gave up some gains and Sterling is having a chance to re-challenge, but is getting pushed back down again So one spot 5110 is potential resistance one spot 5027 is potential support So I can my day wise today. We've got us durable goods and unemployment data due later on in today's session and we've got crude elementaries now Crude elementaries is probably expected to come in at quite a high level because it's There has been a lot of storage Over the last couple of months capacity apparently is getting quite close to to fill so I wouldn't be surprised as this figure comes in quite high as well And obviously you can get an idea that crude oil is already writing quite high because of the tension in the Middle East But that would give you an idea of what to expect today Fast forwarding on Thursday Not a huge amount there on the 26th and then on the Friday. You've got UK house prices GDP for the UK and then finishing up with consumer conference index in Germany at 12 a 12 p.m. UK time So it gives you an idea of what to expect and what markets are currently impacted by those events in Turkey slash there we are keep your eye on the chart form as ever make insights partly late going forward and join me again Tomorrow to find out what happened next