 Hi, good morning and welcome to today's products and focus US 30 is still drifting a little bit lower yesterday was down lower on yesterday's session Sorry, but managed to have a little bit of surge towards the end But it's drifting a little bit lower again 18-1-1-1 spot 9 is the next potential support level most other global equity markets have also drifted further yesterday Obviously, we're a kind of record highs or recent highs So a little bit of a scale back as we get closer and closer to the ECB testimony Not testament to the ECB press conference tomorrow and then non-farm perils on Friday But we do have a raft of data today mainly PMI data, but also ADP pilot perils in the US So you can see there the UK 100 actually comfortably broke through potential Support a trendline support break there We are now at 6906 We actually were below that yesterday, which also coincided with the 21 period SFA close bang on that level Last night and we're just drifting a little bit on the wrong side of that level this morning any pronouncement below 6906 or below the 21 period SFA Opens up and move much lower towards 6771 But the fair were probably unlikely to see any huge massive negative shocks until more of the macro data actually comes out so moving on to Japan 225 and Dollar yen is drifting lower again back down towards 119 so a little bit of yen buying there And you can see that that's that's that caused the Japan to do five to Come to potential support at 18648 Get a move below that we've actually accelerated quite far away from the moving averages So any move below that 18648 opens up 18306 as an extra potential level There are kind of them little long-legged candles at the bottom of these last two sessions including today's Which is indicative of the fact there is some buying interest round about this potential support level But it's not enough to the spring board up higher, but this is level to be aware of in Japan to do five So dollar yen is ever as back at what is getting quite close to 119 again It's not quite exactly bang on that level as of yet, but that's where the moving averages are that's where We continue to see a little bit of youth dollar weakness and yen buying Before we get close to the week. This is probably the area where dollar yen will gravitate towards So 119 as ever is the main pivot for dollar yen So moving on to gold. I'm sorry West Texas crewed We had a slight jump last night as Saudi oil prices began to tick up and more fighting in Libya And also the demand factor there seems to be some interest buying West Texas as close to $50 as we are right here Obviously the recent low that it was at and their last week would have been around about $47 So we're getting to trading at a bit of a range between $47 and $50 So gold Again a very volatile session yesterday. We're almost rechallenged 1218 We were not far away from potential support 1186 Longer candles last three sessions are indicative that selling pressure is more pronounced here on gold And you do have that death cross on the moving averages Which will be from a technical perspective will be adding weight But then you do you almost have a crossover in the MACD You would have done had it not a fail to to break above 1218 But we did have a buy signal already the slow to cast it, but maybe that's already already happened So depending how PMI data comes out today, and I think it's ISM US numbers as well as the ADP private payrolls That will probably have a bit of an impact on gold depending how positive or negative those figures actually end up being So moving on to your dollar your dollars drifting towards 111 each day. It's just slowly grinding down So not much else to talk about there We did have the break of the a symmetrical triangle formation. So 111 is the next potential support to be aware of there So finishing up the GBP USD We are now hitting the 21 period s and may we're not far away from the 55 period a break of that trend line support And this horizontal support right here as well as should be seen as is not a great technical signal Long-term potential support one spot 51 85 Negative crossover in the MACD. We had a cell signal the slow to cast it there So certain that coincides with the trend line break as well So certainly there is a bit of pressure on cable at the moment So I come at data wise I've been mentioned a whole bunch of market PMI data due at 9 9 30 8 55 across the Germany Eurozone in the UK, then we've got Eurozone retail sales at 10 and then ADP private payrolls and then the ISM manufacturing numbers they should be quite important as a data 115 and 3 p.m. UK time follow that on with their cruel inventories after all today's Wednesday's cruel Wednesday that Historically has had a quite a big impact on cruel West Texas So today might be no different and then Thursday you've got manufacturing numbers interest rate details ECB details You do have the ECB press conference and Unemployment claims over the US so actually quite a host of data due tomorrow and then Friday you've got your non-pump heroes So promises to be an exciting end to the week as ever keep your eye on the Charo forum Make insides part of your later going forward and join me again tomorrow to find out what the next