 Hi, good morning, and welcome to these products and focus so looks to be the most global equity markets drifting level lower as a dollar stage Is a little bit of a comeback versus the USD but not against the euro And the dollar yen taken up there quite quite nicely after having a shocking last couple of days a dollar seems to bounce and back ever So slightly so us 30 they're trading below potential support at 17 895 We've had a rebound of session was from yesterday But the next potential sport be 17 738 other technicals looking relatively neutral There's looking top heavy and to be fair a little bit ugly Even though some of the economic data coming out yesterday regarding the employment claims Some of it came in slightly better than it better than expected, but only ever just so slightly so today We've got PMI which only just came in above a contraction at 50.1 The forecast was 50, but they should be sending a little bit of alarm bells over in Asia and China in regards to Trying to prompt some more stimulus measures so that China Japan and South Korea are all showing great signs of slowing Which wouldn't be that great in that region in the world We should become a more and more important for global commerce in the future. So this figure here Has been quoted a lot in the press over in that side of the world in regards to the Chinese government should Try to think about a little bit more stimulus measures. We obviously don't really want to do right now Later on today, we do have the purchasing managers index in the UK So you've got PMI for the UK and in the US as well and then finishing up with domestic auto industry sales Which probably isn't that much of interest to most other traders Heading quickly back on to the UK 100 being bear in mind that we do have PMI today We already had the UK GDP figures disappoint as well This is kind of moving to the downside Bouncing off 55 period SMA, but next potential support 6906. Other technicals are neutral This is still obviously at an historic high point, but these kind of formations that we see here are getting quite quite ugly If it follows a similar kind of pattern here, you probably expect it to be a little bit more Owners for a sell-off. Maybe bring this back to 67 71. I'm looking at these candle formations You know, we try to take a little bit higher push that down with that potential resistance at 69 64 So next potential score is 6906 So then looking at Japan 225, it's a bit of a modest comeback as Dolly and began to tip back up also brings up the bounce off the 55 period SMA And that also be quite close to that upwards trend line there as well. Okay, so around about 19,270 that could be the next potential support level to be aware of So actually having a look at that dolly in position. You can see it's bouncing off 119 Could be looking at the next potential support level at 121 87 so that's obviously a lot further away, but we have finally managed to break above that 119 Level with some conviction which is the best it's done since mid-April So then quickly moving on to West, West, Texas crude $59.50 is the next potential resistance cruise really managed to break out right now As it looks to be that inventory data is really beginning to show a contraction in the Telluration of of this to be over there. So a lot of chairs now seeing that perhaps the worst is over And we have seen that big spring board from there from 54 85 all the way up to 59 50 And that could be that is actually a potential resistance level from some time ago. You've actually got to go back Let's quickly change that onto a weekly interval there for a second And you can see that's actually a potential broken support all the way back in 2009 So quite significant level on the weekly canister charge. You can see that's quite a strong looking candle formation that we have right there Following on from a doji formation a week before so that certainly looks kind of interesting for for crude traders And bear in mind that the US dollar has staged a little bit of a comeback last cut yesterday The fact that crude is still going quite strong is as testament to the fact that maybe it could be back in business So moving on to on to gold so that dollar obviously has gained a bit of momentum That's really pushed the gold down even further a real ugly candle there actually yesterday Fully bearish engulfing pattern trading blow 1186 Which we've we've been around but those levels before but for almost all of April We're almost quite close to those monthly lows and obviously longer-term potential support remains at 1137 So finishing up with your dollar and GBP USD Your dollar has broken above comfortably above 111 As grease continue to make more concessions They're basically running out of money now and it's do or die time for the government there So they're trying to do they're scrambling right now to try and get some sort of deal in place to appease their credit So the markets are taking that is that grease will probably have to do what it has to do to To make sure that doesn't run out of money, and I think there was some new slow coming through the other day that their Weekly pensions or monthly pension figures actually came out eight hours late To go to the citizens of Greece because there wasn't any there wasn't enough money there to pay at all And I think that's sent a little of alarm bells there So certainly looks like they're gonna try and do what they what they have to do Mark is taking that as a bit as a bullish positive for the euro So finishing up with GBP USD has been going great guns had a reversal yesterday Not quite a bearish engulfing pattern as it as they body the candle didn't close didn't completely engulf the previous candle We've got a little bit of positive Momentum for the daily interval today, but one spot 54-24 looks to be the potential resistance level to be So if we fast forward on to Monday for economic data, you can see that we've got Chinese PMI German PMI Eurozone PMI again So a whole host of data there from the market and then on Tuesday I obviously Monday being a bank holiday for a lot of UK based Traders and they're on Tuesday. You've got US trade balance and The US purchasing managers index as well So as ever keep you on the chart for them make insights partly late going forward and join me again on Tuesday to find out what happened next