 Hi guys, good morning and welcome to today's products and focus markets have staged a small recovery this morning Actually, yeah, kind of opening up ever so slightly in the middle of two ranges us 30 there Round about sixteen five hundred and forty three next potential resistance sixteen five ninety eight next potential support sixteen four oh one and this is falling on from non-farm Peerles on Friday Which came out a little bit worse than expected real mixed bag of economic data Nobody really knows what's going on with them with it with interest rates No, you know some data had come out to say it was looking quite a resilient that 2014 was going to be the 2014 was going to be the time But then you've had your non-farm Peerles come out a little bit worse than expected As some other US economic data was less than Rosie is still only China That looks to be quite decent most of Europe's and disarray again this morning But the German companies suffering the most over that Sanction area from from Russia and this could be a lot of traders looking this the dead cat bounce It really needs to get above sixteen five ninety eight and close above that before we're going to get any meaningful Reaction to to move higher because right now with this massive technical break here A lot of people will be a little bit anxious But then there is a lot of other traders who are waiting for a good entry point to get back in and get back long I guess the question being is is this it or is it a Level slightly lower, so we expect further volatility throughout the week. So looking at the UK 100 It also kind of gapped up this morning, but like most of Europe has now gone to negative territory Germany 30 to prime example of this looking especially weak as is Spain Portugal and most of Europe as well So potential resistance 16701 is the potential resistance Which was broken support. We're now looking again at six six six six as potential Support on the downside and obviously we've been much lower up there on Friday But we hit 6623 and that will certainly be a level many people are looking at UK 100 has been an aside with moving market now for almost a year now looking at things from here You know by the time certainly we come into October If we start reaching, you know levels of 65 6400 It will be looking quite clean or quite keenly like a sideways moving market But there are obviously always opportunities to be had if you get in at the right levels. So looking at Japan 2 to 5 Really struggled there on Friday After coming off so harshly there on Thursday But we are bouncing around 54 88 which the potential support slash resistance right now We keep bobbing on either side of it. So that's the level to go ahead and have a look at So the dollar bulls what happened to them with dollar yen obviously reversed course slightly The one or two spot 90 is still the potential resistance It's not been an absolute massacre massacre on the dollar Incidentally, there are still some some dollar bulls there Obviously with the fact that we do have a positive candle today technical indicators do look slightly overbought Have come out through the levels. There is definitely technical pressure on here. So close to potential resistance If we do get reversal though, there is a long way to go on that dollar yen 101 spot 35 is quite far and the moving averages are still quite disconnected from when the price action is right now So should the dollar? Fail to continue momentum and it has certainly wobbled after Friday You know there is far a long way to come But there are others that think you know obviously data was exactly terrible, but wasn't exactly stratospheric either So we'll be keeping a close eye on that kind of data. Of course, there's none out today of any significance But we'll come on to what's coming up later on crude oil best Texas Still coming off even as I says take over more Kurdish areas of Iraq Obviously Tripoli's on fire pretty much Libya going through a lot of trouble right now But a lot of the demand there is a bit of a glut just now with there with oil supply Demand is diminishing slightly or longer term demand is diminishing and that seems to be outweighing all the fundamentals as ever and $99 is potential resistance $97 potential support looking at gold Gold safe Haven got a big a big left there on Friday potential resistance 1295 remaining intact day That's the level to watch would be very interesting for gold. That's very strategic. You should keep an eye on that your dollar Your dollar has retraced back up close to one spot 3455 Hopefully assistive well not hopefully but it might be just be a retracement back up to potential resistance to resume It's downwards move should the dollar manage to wrestle control obviously your zone is in trouble a little bit under pressure Anyway as well, so your dollar should be primed should the dollar begin to wrestle control again Your dollar should be an FX pair to watch And then you've got cable and cable is massively on the wrong side right now This is a horrible move by cable Real negative candle there on Friday stopped dead on potential support one spot 6820 This level is very strategic if you look at where it stopped there today Keep an eye on that so as I said, there's no economic data today of significance tomorrow You've got PMI and non-manufacturing business index in the US And then you got go on to Wednesday and you've got lots of UK industrial production good for cable good for UK 100 Keep you on the chart for him make insights part of your leg going forward as ever and join me again tomorrow to find out what happened next