 Good morning and welcome to today's products in focus. So looking at the US markets there following on from a Janet Yellen's comments late on Friday evening about Interest rates potentially not being completely at the picture enough to still be data dependent but The dollar has really rallied on the on the back of Yellen's comments there Which is taking many of the markets by by surprise there So a US market slowly drifting now down below 18,208 for the wrong side of potential resistance So it was acting as support now acting as potential resistance. We need to break back above there You can see the last five or six days long Libby candles right here are indicative of that selling pressure Almost got a negative crossover there in the MACD same with the slow stochastic just about to was got a crossover It's not yet broken at 80% level But in the short term that continues to move lower 18,112 as a next potential support level to be aware of Looking at the UK 100 better of our reverse petri compared to US 30 We still have the tips these candles here making a lower Lower highs. So we're really looking to try and get a break above say 7,100 to be able to break that cycle of lower highs Moving a technical analysis. I'm moving averages. You've got a bullish crossover on the MACD I would imagine that the tip of this candle might provide a little bit of short-term potential resistance Actually, let's just go ahead and put that on there properly And you can see there is round about 70 84 Long-load candles there on on the previous session Which was on Friday and we've been higher on the UK markets already this morning only to come off again For the Germany 30s that's shooting up a little bit higher US 30 coming down ever so slightly as well So moving on to Japan 2 to 5 Soldering on nicely there every just thinking about a stimulus for China That's probably pretty much what everybody's talking about over in the APAC region I think you've got most Chinese stock markets at seven-year highs Japan 2 to 5 is actually at 15 years highs Dolly Yen's hit 122 70 Falling on from Friday yelling comments, which can be very net positive for Japan 2 to 5 2868 is the next potential resistance for about halfway there between the previous broken Resistance a 20 87 so still got a little bit way to go and there are 400 points and we should pretty much be there So let's have a look now at dollar yen, which has had a fierce breakout above 121 87 We got looking at next potential resistance be 124 spot 42 and that's a real strong technical breakout this morning Looking now looking very very A lot of momentum behind it with other technicals You've got the fact that the solos to cast it still has room for maneuver The RSI has just gone over a bot but yet has not given that reversal signal yet and the MACDs just began to Accelerate you see that MacD histogram here just moving up very nicely So this could just be the start of a decent move for forward dollar yen depending on the next macro data that comes out But certainly from a technical analysis perspective There's a very strong technical signal very strong candle and we're at the top end of our range already this morning So that's one 22 spots 68 and dollar yen has rolled back into life. So they're moving on to West Texas crude With Texas actually not doing a huge amount Following on from our previous Previous uptrend there last three days have been negative. There has been a little bit of buying interest for in about 58 and a half we're at the Bottom end of a range so far today struggled to break up any higher looks to be that 59 50 Is going to be short term potential resistance not a huge amount of talk about with West Texas Credit at the moment because the technical levels aren't quite so clear. So obviously dollar strength and Interest rates in the in the in the US has affected Gold which has got a bearish engulfing pattern this morning breaking below the 21 period SMA looking at 1186 It's next potential support. You've got a negative cross on the MACD whereas the RSI and so stochastic are neutral to nothing really that That's significant But the actual price action itself Accelerating down just now looks to be 1186 is the next potential support level So we look at your dollar your dollars has really gone smashed the last seven or eight sessions looks to be one spot 07 is the next potential support level to be aware of Trading ball both moving averages now And the other technical indicators are accelerating down towards downside with still for the room from maneuver and obviously that grease deal coming ever closer fifth a gym for their next payment to IMF and They really need to get the next tranche of Of cash from the eurozone. So moving on to managing up a GBP USD Another negative Day-to-day following on from this real bearish engulfing pattern had there on Friday On the wrong side of one spot 5424 right now trading blue 21 period SMA Negate cross the MACD Sales signal on the RSI the same as so stochastic from a technical analysis perspective pressure certainly looks to be returning to the GBP USD But a lot of that there's obviously a lot of technical factors All in play right now, but it's those comments from Janet Yellen late on Friday Revolving around interest rates and the need that these that they they shouldn't wait for too long Which has caused this this ripple across The US dollar so in regards to economic data that's you out today You've got US durable goods, and you've got CCI due at 3 p.m. UK time fast forward to Wednesday Nothing really that exciting you've got CCI for Germany. It's not until Thursday that you've got a big a raft of data We've got GDP Employment claims housing index data, and of course you could all inventory data at 4 p.m. On Thursday I can see there's actually quite a lot of activity on the chart forum from another client today, and there's a huge amount of other CMC markets analysts related content and as ever make insights part of your layer as well If you want to get this inside track as well as moving the markets from our global team right here So that can be quite useful as well and join me again tomorrow to find out what happened next