 morning and welcome to today's products and focus. So having a look at the US market we're actually having a relatively decent start to the morning. Just as the Japanese market has increased in value quite substantially on the back of we couldn't expect to export data and now people thinking that it could be more quantitative easing or monetary policy stimulus in the region which is helping to push Japan to do five up a little bit higher but we'll come back to that in a second. Right now it's all about the US 30 and we're approaching 17361 more than half way in between this range. We've got a golden cross in the moving averages and the other technicals are relatively neutral apart from the social static which is still massively overbought but the signal to sell has not yet been generated because it's not gone through the 80% level as we speak. So doji formation yesterday but we've been a bit more aggressive first thing this morning but remember 17361 is an exponential support and we do have the ECB session later on today. Okay so let me look at the UK 100. We do have 6415 as a potential resistance. We're making a pattern of lower highs right here but again bullish and gulfing patterns so far today. We've not quite had the golden cross in the moving averages. We do have the sell signal in the slow to cast those so that is compounded by the MACD histogram also lowering in value and we've almost got a crossover right there. So it could be quite tough for the UK 100 to break through 6296 basically 6300 especially with these patterns here the tip of that candle tip and tip so 6300 could be the potential support with 6415 being the potential resistance. So let's have a quick look at that Japan 225 right now which is having a great start and the back of that bad news is good news mantra potentially stopped by the 55 period SMA. We do have 18648 it's been a potential resistance and that's pretty much where we stopped there today that coincides that 55 period SMA. We do have a sell signal in the slow to cast it which is maybe helping to push that down after such an aggressive move this first thing this morning with 18306 being potential support and 18648 being potential resistance. So having a look at dollar yen dollar yen is creeping up a little bit higher looking at the and for day charts as you can see there this is a hammer formation that we had there on Thursday and it's been pushing up nicely we're now above 119 spot 76 almost breaking 120 but we could be capped in 21 period SMA and we do have the 55 period SMA coming getting that little bit closer longer term potential resistance 121 spot 87 on dollar yen. So then moving on to West Texas crude today is Wednesday which means crude oil Wednesday we do have the inventory data due running by 330 UK time and the expectation is that that crude oil data will be a lot higher than expected perhaps giving the clearest indication yet of the oversupply of crude in the world markets especially with a slowdown in China as well. So 4585 has been a strategic level on West Texas crude for it seems to be like forever but it continues to oscillate around this price and probably today is not going to be that different. So that if you have a look at the economic data due today we do have UK public finances at 9 30 UK time and there you can see that we do have the crude oil inventory data and that's 330 UK time as well so make sure you don't forget about that and we do have the ECB press conference as well later on this afternoon. So then having a quick look at gold now gold has was doing quite well number of sessions ago and now it's coming off a little bit but nevertheless we have beautiful bounds there of 1168 which is the potential support level that we had highlighted there from back and the tip of this candle here on the 21st of August bounce beautifully up there this yesterday we've not really had a great fall through today to be completely honest and we are off the highs could we did manage to get to 1181 yesterday only for it to get pushed back down towards the end of the session and today it's just kind of floating above there as long as we stay above 1168 then things could still this could be a good base of operations I guess for a move to challenge 1205 especially the backdrop of a weaker US dollar and increased likelihood of a delay in an increase in US interest rates as the world economy is going through a little bit of a tough patch right now so finishing up with Euro dollar and GBP USD so Euro dollar slowly drifting higher to be fair off the session highs from yesterday closed in positive territory only just today is not doing a huge amount on the everyday charts actually looks a little bit top-heavy so it looks like it might actually come off a little bit more and if you have a look at cable is not having a great start to the morning either failing to break through this trend line sloping resistance one spot 54-24 is a potential support and if you look at the price right here we're pretty much bang on there so far this morning and part of that might be because we might be expecting the UK public finance data to come out a little bit worse than expected it's expected to come at 9.4 billion but we'll see how that goes so guys as ever keep your eye on the chart forum make insights part of your layout going forward don't forget about the ECB press conference today and if you have a look at Thursday Thursday has a whole host of major data releases you've got UK retail sales you got ECB interest rate announcement you do have the unemployment claims from the US and of course you do have existing home sales and the consumer confidence index as well so make sure you don't miss that and join me again tomorrow to find out what happened next