 Good morning and welcome to today's products and focus so let's start off by having a little look there at the US 30 and you can see there we actually had quite a decent session yesterday closing quite close to the top end of the range but unfortunately now we're ticking down I'm actually looking at the entry day charts is looking like the US 30 ticking down Jeremy 30s is slowly losing momentum and the UK 100 is on the back foot as commodity prices begin to take a slide again after a couple of a couple of rallies but nevertheless 17,034 remains potential resistance on the US 30 other technicals are relatively neutral with the MACD close to crossing the zero line it's still all to play for but we are at the top end of the range looks to be 1587A as the potential support with 17034 as being the potential resistance so with FOMC minutes tonight coupled with a number of Fed members giving speeches we should get maybe a little bit more action on the American stock markets and also on US dollar denominated FX pairs now the kind of mindset is is that rates are dead in the water for 2015 but the FOMC minutes will give a little bit more clarity and vision as to the Fed thoughts on that matter especially after such as weak small such a weak jobs report there last Friday so looking at the UK 100 we had a great session again yesterday a reversal so far this morning we're down maybe a bit almost a full percentage point and we're trading between two ranges right now of 6,300 and 6,415 with that 2155 period SMA sorry being potential support coupled with the support level right here so 6,300 is one to watch for 20 points away from there at time of recording the MACD is just crossing the zero line so I'll be interested to see if we can get a late turnaround in the session moving on to Japan we had some week data come out of Japan factory orders but it fell quite a lot I think people are buying the yen as a safe haven after a couple days of decent rallies the markets are coming off ever so slightly at the moment and people are buying safe haven yen so that's kind of dampening the appeal of Japanese equities we are looking at 18,306 as a potential resistance four sessions now it's been been in play and four sessions has been pushed right back down so that does look like it's a valid potential resistance level and we are slipping a little bit this morning heading towards that 21 period SMA other technicals are relatively neutral so looking at dollar yen you can just see it's a slow creep on the daily charts doesn't look like that much on my other screen I've got my intraday charts and I can see that things are just taken down there ever so slightly on on dollar yen so again still not a huge amount to talk about if you're going to trade this in a five minute interval it probably looks kind of more interesting than it does on a one day if I just scroll out here maybe making a series of lower highs you've got a high a lower high kind of a lower high lower high and we're maybe towards the bottom of this range now you just see the tips of these candles where it's bounce once twice perhaps three times so in fact just for fun I'm gonna go ahead and get my support level and add that into the tips right here and you can just get an idea of how that's bounce by is making lower highs so you could make you could arguably get another trend line from here well you can't really do it like this unfortunately but I'm just gonna put this on here for now to see if it actually flattens out longer term and now I'm gonna put that onto my daily interval and we can see how things progress and we can look at that on the on the five minute charts when we come back to on other sessions so finishing up with the commodities we had West Texas show up after Saudi Arabia and Russia were apparently having talks on oil production figures with 4950 being potential resistance it didn't break through yesterday is moving a little bit lower this morning we've not heard anything more from Saudi Arabia Russia moving on to gold gold had a little bit of a reversal as well kind of surprising because we were getting some great momentum yesterday but it seemed to Peter off probably because we've got the FOMC meeting tonight and more Fed members talking and if they start talking about rates again and unsupported it seems really unlikely that they would do it but maybe they might still have some hawkish statements and maybe some people are thinking that the earth take it take the foot off the gas in regards to gold 1137 is a potential support level now to be aware of in the yellow metal so then moving on to Euro dollar we've got the symmetrical triangle formation we've not broken out of either side right now nothing's really changed one spot 1475 potential resistance one spot 11 potential support and looks to be the moving averages aren't doing a huge amount other technicals are flattening out which isn't surprising when you're getting to the apex of this symmetrical triangle formation and then finishing up with GBP USD great session for Sterling yesterday really beginning to push up that little bit higher one spot 54-24 being the potential resistance one spot 51-85 being support and I guess we're slap bang in the middle of those two ranges bug a decent day by Sterling or to push up higher yesterday and we're not doing a huge amount first thing this morning I'm looking at untraday charts really just aside we's moving flat market so far today so I can my day wise we've got the Bank of England MPC minutes that's gonna be a big deal we've got the employment data the weekly employment data from from the US and what's not on here remember is the FOMC minutes 7 p.m. UK time make sure you don't forget forget about that with any of your open positions it is very important and if we fired on to Wednesday Friday sorry not much to talk about so really FOMC tonight could drop a few bombs so just make sure that you are tuned in to your Bloomberg or CNBC to see the outcome of that there'll be a statement released electronically all the same time and it can have a big impact especially if the Fed is uncharacteristically hawkish on rates considering the non-farm perils federal figure on Friday was nothing special so why don't you guys keep your eye on the chart for them make sure your insights are part of your layout going forward don't forget about this awesome module and join me again tomorrow to find out what happened next