 Hi, good morning, and welcome to today's products in focus as you can see there the US 30 bounced off potential support at 16178 perfectly slight hammer formation here Now we would be hoping for a little bit more fall through this morning But looks to be just slightly ever so slightly in positive territory today, which basically means the pressure is still on so potential Support as a 16178 potential resistance is at 16401 So looking at the UK 100 It's also been having a tough time but managed to recover a lot of the losses that had suffered yesterday We're trading them quite low below support 6581. We do have a much more bullish candle today So there's almost a bullish engulfing Candle at the moment. Obviously the trading day is just 50 minutes old the time when I'm recording this We're moving the right direction. So next potential resistance is at 6666 and obviously potential support still remains as 6581 If I look at the Japan 2 to 5 has been struggling in the last couple sessions But it seems to have bounced off that potential support at 14 2 1 9 It's been in play for quite some time for about the last seven months We want to stay above this level as soon if you start trading below that That is you know, we're getting close to 12 months lowest end in that case Next potential sport is at 13 693, but you really need to look at dollar yen We've had a little bit of a bounce this morning This is the thing that's been Holding the Japan to 2 5 back. So we have actually been seeing a little bit yen selling I got so I'd lot of yen buying yesterday It looks like monetary stimulus in Japan isn't happening as soon as some commentators would like so that's been causing the strength thing the Japanese yen A slight rebound there yesterday. This might only be short-term. That's sorry today It might only be short-term though But nevertheless the potential support is at one on one spot 80 potential resistance one or two spot 87 So jumping on to our all-favourite crude oil Has tensions continue to escalate over in eastern Ukraine You can see there that we have now once again hit potential resistance at 103 This level is going to be quite kind of important for us to get get through if we do break through there The next potential resistance is close to 105 If there's another failure, obviously resistance support remains at 100 spots 60 So gold so gold we have a good couple of sessions on what was dollar weakness And it's kind of still cap that 55 period SMA Sorry 21 pure SMA in fact some slap by another two ranges 1332 potential resistance and 1295 still that potential support so jumping on to your dollar which I've been drifting slightly this morning, but after a good couple of sessions 21 pure SMA is rather Pyrosome at the moment in regards to it's not it's struggling to break higher capped by that black line potential resistance though remains at 138 63 and the potential support is a 37 72 And we just finish up then with cable We just had a great couple sessions. I think it's really surprised Summit economic data came out yesterday was much better than expected Cables getting quite close to the punching through we stopped bang on potential resistance at 6744 We're gonna close above that to get anything more meaningful. We've not actually closed above that Well for some time now we've got to go quite far back So this is really strategic. So On my daily charts, I can't even go back as far. I need to switch this on to my weekly charts And you'll be able to see that we've been all the way back right here mid 2011 Just going back here. It kind of shows you It kind of shows you how through how significant that level is that we get a close above it So 6744 that's where many traders will be looking today. I might get there today We've got trade balance UK at 9 30 UK time. I remember you've got crude oil inventories. It's Wednesday after all So it's crude oil Wednesdays. You've got your petroleum dated you at 330 And then we've asked for on the Thursday Chinese data That's gonna be big for their potential stimulus package that they're making just now more UK data This is good interest rate announcement. That's probably not going to change, but you never know And then you've got jobless claim. So there's a few bits of economic data still do you out tomorrow a couple bits today Keep your eye on the chart forum from updates from CMC clients and our analysts and the same with insights Well, make sure you make that part your layer and join me again tomorrow to find out what happened next