 Hi, good morning and welcome to today's products and focus so most global equity markets have resumed their slide over the weekend Following some really weak data from China on Friday there. We had really bad PMI Chinese stock market is tanked more US earnings have come out a bit more debt on the disappointing side and the US dollar has Has been quite volatile as well. So US 30 down at 17 561 most other European markets also down quite accessible as well So we've got a negative cross there on the MacD the other technicals show that there is further room for more downside We're trading down both below more moving averages Now today's session the US has started off Relatively static and we just I said we just slightly above this potential support The next potential support if we break below that would be 17 361 And that was the tip of the candle here that we've had back in September last year Moving then on to the UK 100 You can just see that horrible finish that we had there on Friday unless you also point out We also do have the FOMC Meetings starting on Tuesday finishing up on Wednesday with a statement which could get more insight as to US rates negative cross on the MacD Negative sell on the slow stochastic We're trading below potential support at 6589 which opens up Next support is quite a good bit away and it's 64 15 So moving on to the Japan 225 Kind of a doji formation starting pretty much bang on this moving average crossover Dull a yen. I shoot the dollars reverse course a little bit from Friday We're down at 123 for Dull a yen So I've seen the strength of the M People been buying yen as a safe haven over gold gold's not been getting a huge amount of love over the last couple weeks I'll be it is help us slightly a little bit higher today So for Japan to do five room between two ranges But we are bouncing around these moving averages right now Which don't be adding short-term support, but the next potential support would be 20,087 So then I'm a quick look there at Dull a yen Dull a yen and just drifting down We're actually the bottom of the range as we speak coming up close to those moving averages with a negative crossover on the MacD And the same with slow stochastic 12442 Resistance looks like it's remaining intact for now another mentioned a yen could be quite popular Should think they're a bit more dicey in the equity markets So then moving on to West Texas crude grinding lower. It's just eating at a tiny little gain this morning when we just But the the trend is still firmly down next potential support is 43 30 I'll be I keep saying this each time, but I need to get this support level as potential support level in here Tip of this candle round about 45 85 That could be the next potential support level to watch out for but all the fundamentals There's a lot of stuff stacked against West Texas crude if you take the US dollar global demand and the Iranian nuclear deal So gold volatile all over the place So it was all the way down at the bottom here by Friday ended up here It's pushed on higher a little bit today. So people are buying a little bit of gold Not just Japanese yen, but Historically last couple weeks We have been seeing that the ends be more popular as that safe haven Overgold, but maybe gold's has been so low when it's that like multi-year lows All the way down here That it makes it a little bit more attractive for people to buy and hold in the short term to protect against uncertainty in the market So certainly things look a little bit more bullish on the internet charts gold is currently trading at its top of this range We've almost got a buy signal on the RSI on the RSI the slow to cast it Believe it or not never actually got as low as being in the overall territory and we've not yet got Bullish crossover in the MACD if we do see an acceleration of gold Prices expect 1137 to remain a pretty staunch potential resistance level So moving on to your dollar your dollars had a decent bounce As at the expense of the US dollars which is Be a little bit of profit-taking effect I think with the dollar index being still pretty close to a kind of multi-year highs itself We have seen a little bit of a bit of profit-taking on the US dollar on Friday And as you can see that your dollar has been slowly grinding that little bit higher looks to be one spot 11 will be the Potential resistance you are coinciding that quick close just now with a 21 period SMA and you've got all these Technical costs are relatively neutral with a bullish crossover on the MACD So then finishing up with GBP USD Negative bearish cross or death cross and moving averages other technicals are neutral doji formation on Friday Kind of the opposite today Looks to be that the moving averages might be adding potential resistance stopping the price from getting up a little bit higher We're not seeing the same movements and sterling as we have seen in the Euro But one spot 56 will be potential resistance. So economic data wise you've got a German IFO business expectations index And any M UK time you've got durable goods in the US. That should be quite a good one for people looking for more inflationary data and interest rate ammunition, and then you've got UK GDP and CCI in the US on Tuesday so on Tuesday Wednesday, you do have the FOMC Sessions and play and you can make sure you've got your this is unlikely to change But you never you never know people still thinking it's going to be September But keep your eye on a lot of these economic data releases on Wednesday that promises to be a big one We might see it less volatility because obviously it's the school holiday period just now as well And people might be waiting for that FOMC statement to get released before taking on new positions So as every guys keep your eye on the chart form make insights part of your leg going forward and join us again Tomorrow to find out what happened next