 Hi, good morning and welcome to today's products and focus so global markets had a bit of a tough session yesterday having rallied Later on in the session it dipped that down towards the very very end and actually from a technical analysis perspective This is a pretty ugly candle to get on the US 30 now. We've had a bounce this morning, but it's below 17 747 So looking at the tips of these candles and what we had yesterday the from a technical perspective The pressure is certainly on with a crossover the MACD a cell signal on the RSI and the slow stochastic We've got 17 561 is the next potential support. We should also break the back of the 21 period SMA So then looking at the UK 100 a similar ugly picture Trinium below potential support coming up quite close to the 55 period SMA with 6073 be the next potential support But obviously we're far away from there right now 6300 is potential resistance at this time then jumping on to the Japan 225. It's still kind of slowly grounding higher We'll have a look at dollar yen in a second But it's still all about if Japan are going to embark on quantitative easing or not But 20,087 is a potential resistance to be aware of so looking at dollar yen It's struggled as in the US dollar has has kind of lost its momentum slightly But the major fundamental factor hasn't changed that it could be a rate hike in December to be fair It's just in the absence of MACD data The dollar is not really advancing the way that it could With some extra evidence to back up its view, but lots of central bankers speaking today you've got a number of Fed members speaking today including Yellen and A few other Fed members throughout the end of the day and that could have a slight impact there may be a kind of medium range Updates so with middle of two ranges 121 spot 87 and support 124 spot 42 as potential resistance So moving on to West Texas crude it was a pretty bad day again yesterday This is slowly grinding towards $42. It's not stone throw away from there right now Things get a little more interesting West Texas crude if you break below 42 and that's not happened as of yet So far it's been oscillating in this range between 49 40 and 42 dollars Then moving on to gold gold is it back in the slide again a 1,000 72 dollars in the potential support 1,100 Excuse me As potential resistance, but we're a good bit away from there all technical indicators are pretty much showing that this is oversold right now But the the yellow metal certainly under pressure at the moment finishing up with GBP US Do you have your dollar in GBP USD so your dollars are traced back up to one spot 0 786 is a dollar taking about the back seat This is a very interesting level. It's bounced off here a couple quite a few times So depending on your view, this could be an interesting strategic point The other technicals are quite overbought as oversold as well. So that's one thing to consider. I'm finishing up with GBP USD Sterling managed to break up back through one spot 51 85. That's quite impressive actually And we are at the right on the right side of this So this could be a springboard if you are bullish on the sterling to get up to one spot 54 24 Or if you think that this is This could turn itself around from a technical from a candlestick Aspect obviously we're still in the middle of a trading day. This is very bullish. Okay, so finish the top end of this range This is a graveyard doge information. It's not even remotely closed yet But it's trying to push higher and has been pushed right back down again. So depending on your view If we go back down below one spot 51 85 That's when things get a little bit more techy for GBP USD again But for right now it's on the right side of potential resistance So it could go that little bit higher depending on how the macro data system comes out So I come at data-wise. We've already had a CPI from from Germany Pretty boring to be honest Then we've got industrial production in the Eurozone employment claims and of course weekly petroleum crude oil inventories Which is now falling on a Thursday currently and this is a big one for West Texas crude today So don't forget to set your alarm for that if you are a crude trader lots of good opportunities there we think So looking at tomorrow. We have GDP for Germany GDP for the Eurozone trade balance data as well PPI US retail sales US and the consumer sentiment survey University of Michigan Data so actually Friday comes with it Opportunity for the week to finish with a bit of a bang because quite a lot of US data all high level red important level impact stuff there So make sure you don't miss out on that. So I Can see here. There's some good good quite interesting analysis from our Team in the UK on the chart form. So some UK 100 copper Dollar yen you're sterling get a chance to see that make sure insights are part of you later going forward and join me again Tomorrow to find out what happened next