 Hi, good morning, and welcome to these products in focus. So most global equity markets are lower again this morning following another sell-off in Asian markets as people looking at the broad sell-off and in Euro bonds which impacting Japan and the US as a bit of an alarm call that could be stronger a stronger sell-off in the other markets as well and Today is the UK general election, which is a widely Looks like it's kind of impacting the sterling slightly this morning as we might be looking at other coalition government But as you can see there yesterday it bounced off potential support 17738 So it ended up a good bit away from from that load that it reached yesterday But we're drifting down a little bit lower this morning down about 29 points in the US So moving on to UK 100 you can get a bit of a flavor of where we are right now looking very very top-heavy 6906 the potential support We actually dipped a little bit below that yesterday ended above it before the end of the session quite close to that 55 period SMA and this morning we have already been below it again But it's still bouncing around 6906 that looks to be the potential pivot level for many traders to be aware of and that was the High resistance level from September last year So moving on to Japan to do five It is pretty much flirting with this potential upwards trend line right here trading below 55 period SMA Other technicals began to look a little bit weak right now with the MACD close to cost in the zero line So from a technical perspective we've broken two moving averages and the MACD just crossed in the zero line And we're just about to take below a potential upwards trend line So a convincing close below that would open up 18648 and Dollyan as ever is trading at about 119 Which means you're probably not going to get a huge amount of volatility in Japan to do five unless we see a little bit More action on that FX pair There's a little bit of economic data due out today Obviously we've got non farm perils tomorrow so that might be something that will be the catalyst to get this market moving Not really much else to say about Dollyan 119 probably still very much in play It's been oscillating around here for the last couple of sessions All the other technical indicators are flattening out There's not a huge amount of opportunity on that FX pair right now So moving on to West Texas crude real strong day yesterday only to get pushed right back down as crude oil inventories came in Pretty high again The previous week people had taken the slightly slower acceleration on stock distally as a sign that Demand was picking up, but now we've seen China is all over the place Actually, there's not a huge amount of demand up there even though we have seen the price of tick up Graveyard doji formation was posted yesterday And we're pretty much bang on 5950 right now Which is going to be acting as a potential support slash resistance level This is a very ugly candle to have so close to at the top end of an uptrend So from a technical perspective everything else is massively overbought you see the RSI's overbought the slow stochastic is overbought We've almost got a crossover in the MacD with a flattening histogram So don't be massively surprised if we do see a decent non farm perils Figured tomorrow that would cause a little bit of spike in the USD. What's your pressure? West Texas could Obviously Middle East anything can happen. So looking at gold Reverse cost again below 1186 There's not really a huge amount happening here longer term potential support 1137 Dollar Not really doing a huge amount either to be completely honest. It's not a dollar move There's still uncertainty in the markets I'm kind of surprised to see that gold is actually taken down the way that it is just now These formations that you're seeing here This could look like a very strange head and shoulders formation Well, you would normally get a head and shoulders formation at the bottom of the downtrend So it doesn't really count instantly But this would be a classic and shoulders formation and if you go below 1137 that would be quite significant, but we're not the top of an uptrend So that's not what it is all the other telecondicators are natural as well So there's better opportunities out there than looking at gold. So Moving on to your dollar has gone mad on the back of this huge sell-off and Euro bonds which is The side effect to that is that is pushing the value of the euro up and obviously people saying that Greece has to reach a deal because The alternative is just horrible to contemplate apparently And that's really pushing up the value of the euro as well And they're very much running at a time to reach a deal Running out of money as well apparently so your middle two ranges to be honest one spot 1642 is the next potential resistance If you're looking for another potential pivot you take the tip of that candle right there 1295 was a broken resistance not expected to act as short-term support You've got a golden cross the moving averages, but your other technicals are over are overbought But these don't really count in an uptrend So they are assigned the solicit acetic only in a sideways moving market So you can you can not be too alarmed by the huge increase in the trend right there So finishing up with GBP USD is not going to probably do a huge amount as election day comes in today Pauling closes at 10 p.m. UK time and the results will probably be known at some point tomorrow morning With many commentators of his talking throughout the night again golden cross moving averages one spot 51 85 is a level to be aware of broken resistance now expected to act as support But you do have this crossover in the RSI and the solicit acetic So economic data-wise we do have unemployment claims due today, which could be quite interesting Obviously, you've got UK general election and then Friday you've got Chinese trade balance overnight German industrial production and then of course massively important non-farm payrolls and everything else So I'm better make sure I've got my reoccurring alert set for them So as ever make the chart forum part of your layer and same with insights as well and join me again tomorrow to find out