 Hi, good morning and welcome to today's products and focus so most global equity markets are still struggling this morning Right across the bat with the US 30 having come off quite a hard day on Friday And it's had a just a tiny little bounce first thing this morning But 17 034 is the next potential support level almost a death cross coming on the moving averages Well, the other technicals relatively neutral the MACD is just crossing the zero line right now Which you see a bit of a negative signal I've ever look at the UK 100 you can just see it's moving in this kind of wave formation We seem to be kind of happily through our next potential move, but 57 70 is the next potential support level You might have short-term potential support round about 58 67 And we're on the wrong side of potential support right now at 60 73 They'll be at the top end of our trading range. That's not really saying much right now I'll be on the interday charts. It is just having a little short-term spike up there But the impact on the commodity markets is having a pronounced impact on the UK 100 So then looking at Japan 225 you see this horrible candle that we had there in Japan 225 for initially after the Bank of Japan looked to expand Their QE by buying a lot more localized ETFs With a short-term spike up, but then almost within five minutes got pushed right back down again You can see that negativity is thought has followed through to today We've got a quite a nice look in the doji formation looks to be a short-term bounce of 18 648 The next potential support would be 18 306 other technicals still relatively neutral So looking then at dollar yen the dollar is not really doing a huge amount But you can see the Japanese yen has has wrestled control from US dollar bringing this right back down again Very similar pattern to what we was posted on the Japan 225 We are in the middle of two ranges right now 120 spot 55 and 121 spot 87 trading below both moving averages Mac these crossing the zero line other technicals are relatively neutral So then moving on to West Texas crude Edging ever so slightly lower on the interday charts right the bottom of its scale at $34 30 cents one of its lowest Marks in about 11 years. I think that we're just about to hit the longer-term potential support is at $27 With 35 30 being potential resistance So then moving on to gold golds benefiting a little bit from the safe haven buying aspect But 1072 remains to be potential resistance longer-term potential support 1031 other technicals completely neutral Though you you are in a longer-term negative downtrend here You can just obviously get with an idea from here It looks to be that we've got another little downtrend right here. In fact Probably clean up some of these some of these levels right now because we're a little bit away from right now I Think you could probably get rid of this and just go to my drawing tools for a second Arguably, you could be looking at another trend line right here Could be even a descending triangle formation if you were to cap the bottom of these two Camels right here. My fact, that's exactly what we're gonna do just so we can see if that's gonna come out Could be a descending triangle formation usually a continuation pattern And I'm just gonna redraw that to there It might come back Okay, that gives you a bit of an idea of Of where we are with gold and we finish up now with your dollar and GBP USD So your dollars had a modest bounce and one spot is 08 and 19. It's done it twice now They're on Friday. That's right. It stopped on Thursday. It bounced on Friday and It's just hovering around about that same level close at the top end of this range on Friday It's still hanging about there just now But that will give you a bit of an idea of where we are so close to that potential support one spot 08 and 19 Technicals, we've almost got a cell signal in the slow stochastic arguably. We did get a cell signal in the slow stochastic That was on Thursday. It's not easy fall through this morning energy charts your dollars trading at the top end of this range We are trading in between both moving averages. So you could get a bit of a short-term cap with that 55 period SMM So then looking at GBP USD, we bounced off one spot of 4860 we bounced up there on Thursday didn't do a lot on Friday Probably not going to do a lot today still in a longer term downtrend right now and the other technicals are relatively neutral So I come with data wise you've got consumer confidence from the eurozone 3 p.m. UK time And then if you go on to Tuesday, so there's actually still some data coming out You know you're getting quite close to Christmas. You have US GDP and existing home sales And on Wednesday, you've got UK GDP US durable goods personal income from the US University of Michigan sentiment index you home sales and of course crude oil inventories I'm probably running about 24th. I'm guessing a lot of our traders will be taking a little bit of a break And you'll see slightly less happening in the financial markets thinner volumes more Exassivated moves are things to watch out for so keep your eye on the chart form Make insights perfectly going forward and join me again tomorrow to find out what happened next