 Good morning and welcome to today's products and focus. The US 30 has continued to push on that a little bit higher, getting closer to potential resistance now at 69.69 as we head into the start of the FOMC meetings that are expected to last today and tomorrow with a slightly double stance potentially expected and you can see slight moves in cable your dollar and dollar yen reflecting that more double stance but the fact is that we could still have you know the lower interest rates in the US for longer is the rhetoric that people are expecting to come out and the US there is slowly grinding on the little higher in the back of them so looking at the UK 100 not such a pretty picture we've had a lot of volatility there overnight as can be seen with this candle I'm still bouncing around 63.90 this is pretty not a great technical setup candles are kind of showing a lot of you know indifference as to the direction but a lot of extreme volatility 21 pure SMA still acting as a potential cab if we continue to get drift and the US 30 the US markets look quite healthy actually versus the the Germany 30 in UK 100 but this this is gonna be problematic so we might have a lot of pressure on here any break below 63.90 opens up to 62.70 looking in Japan 2 to 5 probably not benefiting from that opposite move in dollar yen as people start buying the yen I'm actually seeing a little bit of gold buying as well as the market begin to drift off I prefer slightly Japan to do five heck resistance 54 88 that has been in place now for the last four sessions but these long-legged candles are indicative of the fact that the Japan to do five is not yet the side which direction it really wants to go but we do have quite a staunch resistance level there to break through but that will be very much guided by what's happening with dollar yen so dollar yen drifting lower towards 107 spot 36 obviously double double FOMC is not going to help dollar yen we still seem to be hugging that 21 period SMA which is definitely providing support right now you can see the last three sessions it's it has not gone below it but as this continues on the trend obviously is for hitting this potential support up one of them in spot 36 technicals are relatively neutral we didn't get across over the MACD so we'll just have to wait and see how that one pans out better look at the economic data I remember there's not really a huge amount of exciting stuff happening until well until tonight and then you've got the other data coming on Wednesday we do have a CCI data coming out at 2 p.m. UK time and we do have some durable goods orders from the US as well fast-forwarding on to on to Wednesday there not a huge amount apart from obviously the end of therefore emcee and then Thursday we've got UK nation wide house price index and we've got GDP and jobless claims which will be a bit more of a catalyst so switching on to crude oil with Texas obviously Goldman's rate cut on crude and the lack of demand is our kind of glut of supply is really hurting with Texas crude we actually brought below $80 yesterday we ended up slightly higher on the day but the pressure is still on still looking at $77 as a potential support $77.40 gold still kind of an exciting but at least we're having a little bit of positivity to the game bouncing off that 21 period SMA trading between two ranges at 1218 and 1241 not really much to report right there I think many people will be looking at gold at this stage your dollar in cable your dollar had a little bit of a bounce yesterday also trained between two ranges the dovishness on the US dollar is we put to rest or ramified tonight but we are in the middle of two ranges one spot 2746 and one 2661 finishing up with cable cable moving slightly higher again this probably looks like a consolidated area there between these couple of ranges pretty much this area we'll see a little bit of curvature across there but one spot 6009 remains potential support trend is going to be higher that's the same for your dollar and cable and I give you a bit of a flavor of what to expect so again a decent amount of fundamentals actually due out if you take and the consideration what we've got here on Tuesday and the fact the FOMC starts tonight ends tomorrow so we'll have a bit more of an idea the clear idea about US interest rates and what's going to be happening with US dollar next keep your eye on the chart form as ever make insides part of your layer and join me again tomorrow to find out what happened next