 Hi, hi, good morning and welcome to today's products and focus so USJP came in pretty much as expected a slightly Little bit low some forecast, but nevertheless, the market has taken it to be relatively positive It actually started off going a little bit negative But then managed to work its way back up to the top actually closing above 17747 but still below the moving averages almost got a bullish cross on the MACD Not really expecting a huge blast off this morning I'll be at most global equity markets are grounding slightly higher especially the UK 100 commodity markets are reeling More sell-off in China not that aggressive, but like one two percent some of those markets Copper languishing at multi-year lows and everything else So there's actually a fair amount going on especially in the world of commodities FX wise has a little bit flat not not a huge amount happening So six to six eighty six in the UK 100 is potential resistance We failed to break through it yesterday We failed to break through again so far this morning as I said it grinding a little bit higher bullish cross the MACD If we do get a move above sixty six eighty six then sixty seven seventy one Probably is maybe still it looks like it could still be in play We should also coincide with that 55 period SMA that we have on there and That would Give us still this pattern of lower highs here. So you got your high high and then slightly lower high You wanted to be getting above the tips of here so we could reach out in six to nine or six So moving on to Japan 25 Sideways Market pretty much bounced nicely off 20,000 87. We're still in the middle of two ranges longer term potential resistance 20,868 and Where we go next with dollar yen dollar yen was doing decent went up to a 124 60 yes to the morning Only to come off slightly after the GDP figure kind of Disappointed a little bit. It was still pretty decent to be fair I think they were expecting 2.7. It came out 2.6 This is not usually a great candle formation to have Quite similar to doji cat graveyard doji formation, but we've still pushed up higher this morning 124 42 is the next potential resistance. So crude oil back on the on the on the download It's creating the bottom of the range right now 45 85 is next potential support. It's talked a lot about crude oil and the fundamentals So gold looks to be close to breaking out this potential symmetrical triangle formation Which if it does and as a proper technical break that could open up? 1046 as potential support now. I think everybody's now Getting on board the idea that the Fed could raise rates by 25 base points in September A couple months about you know people were talking about September and December for two different 25 base points rise That's what we're going to be looking for in regards to Economic day as it comes out of the US if it just passes a lot of expectations So finishing up with the euro dollar and gpsd So your dollar in the middle of two ranges once by leavens potential resistance once what 0786 is potential support Technical are in relatively neutral. We're trading blow both moving averages I'm looking at the internet charts your dollar is probably not that exciting if I can put you honest Jumping on to cable. It's also in the side with movie market. Also laying around one spot 56 Two tips of these candles on here as well Our dick out that the selling pressures probably got a little bit more to it than that than buying on the opposite side But until it breaks one through one 56 one direction or the other Cable hasn't got that much excitement in it either. So I come a day of wise At 10 a.m. UK time. We've got your own CPI that could be interesting for your dollar Not much else for Dave Saturday brings you PMI data from China Monday you've got loads of market serve PMI data for Germany your zone UK and US and they've got domestic auto sales then as well So I guess most people probably looking at commodities today as the sell-off and China begins to accelerate Not you might happen in FX, but Commodities is probably for most of the action is today So keep your eye on the chart for me against as popular go forward and join me again on Monday to find out what happened next