 Good morning and welcome to today's products and focus US 30. There is slowly turned down this morning as it fails to break through potential resistance at 16969 for the second time most of the global markets are selling off slightly this morning there as well Obviously, I haven't reached fresh all-time highs not surprising There's a little bit of profit-taking and obviously lots of concern over Iraq and Ukraine as ever So this would be a doge information if we close at this point today Though we'd have just started a session, but 16969 is the level to watch on the US 30 Looking at the UK 100 it's selling off a bit more aggressively bearish engulfing pattern right here. We had this Ascending triangle formation we drew on there previously It might be looking like either the 21 pureed SMA or that That that trending support line might be acting as potential short-term resistance Next potential support is at 6774 The UK markets used to be suffering more than many others US the Germany 30 is down about 86 points or point 8 5 The UK 100 is actually down a little bit less now So the German market selling off even more aggressively as we speak this morning Japan 20 5 also posting a bearish engulfing pattern We could be looking at retracement back down to potential. This was potential resistance now reversing to become potential support 15 219 is the level to look at and we are a long way away from the next potential resistance, which is 15 8 28 But it looks like we are getting a little bit of profit-taking already hit in the markets this morning Looking at US dollar Japanese YEM. It's not really that exciting, but we do have a bearish engulfing pattern here as well potential short-term support at one-on-one spot 60 next one out one-on-one spot 35 If you really want to see where the action is look at Euro yen It is selling off a lot this morning There's lots of safe haven yen buying on the back of what's happening over in Iraq with a deteriorating situation across there more towns airports border crossings now falling into the ISIS hands and I can see there already that your yen is is is going down quite a lot one thirty eight spot 47 if you're looking for safe haven FX trading looking at West Texas crude looks like we might re-challenge potential resistance at 107 spot 86 next potential resistance is at 110 if we do happen to have reversal which seems To be quite a tough ask in this climate just now the fundamentals are really supporting cruel right now You could be looking at 105, but look to 107 spot 86 as a potential resistance to look at Gold has been going great guns had a fantastic session there on Thursday one of the best days I've seen in gold for years and we could be looking at the symmetrical Triangle support level as acting as support again You can see the tips of these two candles right here the next 10 potential resistance at 1332 Gold is where most of the action is just now. You've got the double whammy of safe haven buying coupled with Yellen's monetary policy that came out in Thursday Which is all about inflation inflation reissue potential inflation reissues in the US gold is the ultimate hedge against inflation Very very popular finally breaking out there. This is a significant breakout. So keep your eyes on gold Looking at your dollar. It's drifting a little bit lower two very volatile sessions on Thursday and Friday It's struggling to move higher again today look at one spot 3568 as potential support and UK 100 not UK 100 GBP USD Broke above the five and a half year potential resistance at one spot 7048 on Thursday and Friday Peter's head above there was unable to close above there We look to be having another chance again today, but there certainly seems to be a little bit of pressure a little bit of USD Buying against these other two FX pairs So that's the level for us to break if you get a break and close above one spot 70 spot One spot 7048 that would be a significant milestone for cable. So I come a data wise We did have China PMI came out slightly better than expected nothing else really do out today Same idea tomorrow. You've got US CCI not really a massive piece of data on front on Wednesday You've got US GDP and of course crude oil inventories and you know many traders will of course be looking at crude over the next couple of sessions Keep running the charter forum as ever for more support and updates from our global analyst team And make sure you make insights part your layout and join me again tomorrow to find out what happened next