 Hi, good morning and welcome to today's products in focus most global markets are actually slightly higher Today following on Friday's announcement that there had been a potential loan agreement An extension for four months rather than six months that we saw actually after though There's some important information coming out later on today about some reform that Greece has to approve before everything all goes Goes through but nevertheless most global markets are that little bit higher with the US 30 now currently trading on Friday evening Anyway, it managed to close at an all-time high. We're on the right side of potential Broken resistance now expect attack that support 18,112 Germany 30 up very high as well 11,138 UK 100 doing particularly well You can see we absolutely smashed it there on Friday to finish up the session The candle we're getting right now is not following through with that much conviction This is not a positive candle to have we have been higher this morning Probably just a map at let's find out where that high point was At the very very start of the of the session there. You are looking learned about 6,960 Ever since come off a little bit so 6906.8 was a previous resistance Which is now going to be expect to act to the potential support So we do get that drift down there that could be springboard for a move rather higher shoot the whole gree situation Continue to be diffused. So if we move on to Japan 2 to 5 and one second the Japanese yen has lost a little bit of its Value US dollar has moved a little bit higher. So I think dollar yen is now trading at 119 spot 20 Let's have a little look at that Not really anything more to talk about The last couple of sessions last three months has been bouncing around this level Seems to be about about 119 seems to be the the potential pivot here for either that springboard for a move higher or that move lower We have looked at a potential trend line along the bottom of the tips these candles right here So maybe that will remain intact, but dollar yen is not what the action is right now So moving on to crude oil with Texas Remember we had the break of that potential trend line there last week With we're actually trading below $50 right now. This should still be seen as a negative technical event Unless we managed to get back above $54.85 From a technical perspective anyway, you've got a crossover in the MACD The RS sign still stochastic didn't quite get into overbot territory But that crossover is not so not so great for in the trending market and we were about to recross that zero line as well So the technical perspective anyway West Texas crude on the down Gold is not benefiting from the dollar surge Do you have more economic data due out of the US? So this is obviously quite interesting because we had the F the doublish FOMC session there on Wednesday We actually do have a Janet Yellen testimony at some point this week at the start of this week anyway We have had some decent data on Thursday or Friday We had the jobless claims that came out slightly better than expected and the market seems to have taken some Some solace from that and it's helping the US dollar gain a little bit of momentum against its other majors But gold is as real proxy for that and you can see is it's still coming off quite aggressively so anything Positive US data wise is going to have a negative impact on gold and vice versa But 11 spot 86 is the next potential support level to be aware of there So finishing up with your dollar and GBP USD your dollars not going to be doing a huge amount until we get this grease Thing completely thrashed out. We pretty much ended bang on the level. We opened on Friday. You can see this a spinning top formation just outside of the Symmetrical triangle area. We'll have to redraw this again after the fundamentals fully come together But certainly we're still in the middle of a range. It's not doing a huge amount just now One spot 1376 is probably where we're going to continue to see your dollar trade around so quite a tight range And we'll just see how the grease thing pans out later on today And we finish up finish up with GBP USD Came off last two sessions. We're done again today. We're below potential Resistance of one spot 54 24 resistance of support. I'm a quick closer at 55 period SMA Technicals are relatively neutral sands. They're so stochastic there that slightly overbought Which could be giving a reversal signal to sell any moment So if we have a look at the outcome of data, you've got German IFO business expectations data coming out at 9 a.m. UK time and then existing home sales in the US So not a huge amount today to be fair You go on to tomorrow and you've got German GDP UK house prices eurozone CPI And then you've got the CCI in the US So a fair amount of information coming out on Tuesday and then Wednesday, of course Don't forget you've got your crude oil inventories data. That's always been quite a negative way on west Texas Crude of last seven six or seven weeks anyway So this will be good to look at if you are trading crude and you've got a Chinese PMI data As well So keep you on the chart form make insights popular going forward and join me again tomorrow to find out what happened next