 Hi, good morning and welcome to these products and focus and most analysts this morning are of course talking about those Apple results The first drop in sales in over 10 quarters For for Apple their share price dropping about 8% and after hours trading as well for a rare misstep for the tech giant And of course today does bring the FOMC session later on this evening Which promises to be quite exciting whereas most people don't believe there's going to be any Prompt you rate hike in the US people will be looking at the Comments to get a gauge of is it going to be dovish or is it going to be hawkish and Gold is slowly grinding higher and the US dollar is dropping lower in anticipation So they're obviously thinking it's not going to be that that hawkish But who knows there could be a little bit of a surprise Thursday also brings the Bank of Japan Policy decision session as well where there could be an increase in Stimulation measures there so people will be looking at dollar yen as well And that's all in the backdrop of lots more earnings And there are lots more decisions about crude Saudi Arabia coming out with a statement yesterday saying they want to be They don't want to be crude dependent by 2020 and that really is a big call as well So without further ado, let's go ahead and look at things from a technical perspective Where some markets are are certainly moving in an interesting direction so far this morning So this is where we are with the US 30 is of course one of the markets Not really that exciting on the wrong side of 17 977 right now The technicals are slightly overbought with a slight breakdown through this 80% level here So could be additional selling pressure to watch out for on the US markets And you can see we're on that wrong side there with the next potential support 17 847 come out close to that 21 period SMA as well Moving on to the UK 100 A slight move to the downside, even though BP's results be expectations yesterday Looks to be hugging a 21 period SMA trading between two ranges 63 23 and 60 to 20 as a potential support resistance levels there moving quickly on to the Japan 225 We had a big reversal yesterday considering the session lows we were on only for it to go back lower again this morning As of that bank of Japan policy decision Looms quite large on this index and the moves in dollar yen People are buying ahead the yen as as a hedge against risk at the moment and that's hurting the Japan 225 78% of seemsie markets clients are currently long We've been quickly on to dollar yen and you can just see pretty much where we are actually just now We had seen some yen buying yesterday being pushed right back up again actually by the end of the session And it's floating around not doing a huge amount just below 111 spots 61 82% of seemsie markets clients are currently long Then moving on to crude oil West Texas Which is having a big push up higher there Technical breakout above 4295 And it's just floating above there just now with not a huge amount of additional rigor But nevertheless this is the highest that West Texas has been in a number of months You can see here is not since November that we've been higher And that is a that is a decent rally point so far if you take the point down here We're at $25 from the low point to where we are right now that is actually a decent move If I just get one of my drawing tools on here I want to see the size of that move and That is actually a 63% gain Since the lows so that's that is a pretty impressive move that we've seen there so far The question is how much further can I go Then moving on to gold and you can see it's creeping ever so slightly higher Just trading above those two moving averages Other technicals are relatively neutral But it's all about the FOMC tonight You know how hawkish or dovish will the Fed Commons be I'm finishing up with Eurodollar and GBPUSD So Eurodollar had a decent day yesterday only to fall back towards the end of the session Cap potentially for that 21 period SMA We're still miles away from any potential support resistance slap Bang in the middle really high, lower high, lower high Could be a slow drift slightly downwards trajectory And the finishing up with GBPUSD The Stirling is just smashing it right now Back up to one spot 46-34 at the moment As the Stirling is getting that extra gains on there just now as well And perfectly stopped by that potential resistance Questions are will it break higher or is this going to be the point here for a move back down to the downside So moving on to the market calendar And actually one thing we didn't talk about was the surprise drop in CPI in Australia last night Which caused the Aussie dollar to really retreat big time So there could be a rate cut coming in Australia at some point in the future So we've got GDP due later on today for the UK We've got petroleum updates and we've got of course the FOMC This is absolutely critical importance And then Thursday whole host of data between China, the UK, Germany, the Eurozone again And then finishing up with unemployment claims and GDP for the US And that's following obviously up from the FOMC later on today So Thursday is going to be a big day for data And then Friday you've got CPI, GDP, personal income And University of Michigan Sentiment Index to round off the week as well So guys that's it from me very good with your trading and join me again tomorrow to find out what happened next Thank you very much and goodbye