 Hello, good morning. I'm welcome to these products in focus. You can see the US theory has broken through potential support at 17,361 But most global markets got actually smashed on Friday towards the end of the session with many global markets down as much as three or four percent Following that kind of late in the day sell-off. It used to be that 25 period SMA providing short-term support But we were also in the wrong side of the potential Support level right there. So any break below that? You know, there's a lot further this could still go now There already has been quite a strong sell-off America's not been hit quite hard to some of the other markets specifically the UK 100 But certainly these these candlestick formations are looking quite aggressive And we had a slight bounce this morning, but now it feels kind of transitory right now. So Be aware that 17,361 if you manage to get a break above that and manage to keep our head above that Things might kind of burst right a little bit but for as long as that resistance remains in play and The US 30 is unable to break above it This is going to cause a problem from a technical perspective Especially when there's a major absence of any economic data due out today or the next couple of days So moving on to the UK 100 very very negative last couple of sessions, you know, this must be about a good 6% We have again had a bounce, but we're the middle of two ranges right now We were closer to to 60 73 and we were to the next potential resistance at 64 15 And the bounce this morning We're up almost about a percent so far on the UK markets only up 0.3% on the US 30 So we've got a long long way that we could recover before we hit any significant potential resistance But this is this is not looking very good again from a technical perspective There will be people trying to pick up some bargains this morning But I can see already mostly and then most of the major equities there are down slightly this morning as well so moving on to the Japan 2 to 5 and Dollar yen has been Dropping so it has been a little bit of yen buying obviously you had Shinzo Abe getting re-elected Quite convincingly as well So there might be some new economic policies coming out across there these candles that candlestick formations You can see here are pretty negative as well So it's trying to move into positive territory on Thursday and Friday Only to fail to break 17 496 and we're down again today with another long length of candle We could do were in positive territory, but I've got pushing to negative there again So then looking at dollar yen dollar yen unable to break through 119 so obviously tried it to break and close above it Sorry tried to the last couple of sessions there failed to do so 1736 is probably the next potential support and people are buying up yen And a little bit of gold as a safe haven hedge against this Market uncertainty, but it's not being a convincing rally in those markets to be completely honest So moving on to West Texas Crude The thing about this is that they're already come out with the layoffs and job losses in a lot of the u.s Energy states like Texas, Alaska and many others. So you're talking about hundreds and thousands of people losing their jobs rigs Turned down the operations as a lot of the oil companies now are beginning to kind of battle down the hatches for a longer term protracted Low oil price and you know people are seem to be unwilling to pick any particular flora and cruel right now But certainly you've got 50 50 45 as one potential support You got 35 as a much much further potential support with many commentators thinking the psychological fifty dollars of viral will be Next potential level f 54 85 gets broken now. We've had a 1% jump this morning already Which should be quite good for a crew in the short term But again, we're already off the highs. It's already feeling the pressure. We did already touch 56 dollars At one point so far this morning So it does give you a bit of an idea the pressure that's on there And the reason why the UK 100 is getting so badly hurt is because of all of our Resource and energy stocks that make up our our index. So we're particularly exposed in the UK to this Downwards pressure on crude oil prices. So then looking at golf gold is coming off again Come up to 12 18 a breaking close below that would open up a move towards the next bit of our period SMA Looking 80 1186 after that. We've not had a close below 12 18 though and the dollar is I guess it's slowly begin to ramp up against GPP and against the euro It's not doing quite so well against the dollar ends a little bit more sideways So perhaps a dollar strengths that should begin to eat into this a payment status as well So these long leg candles right there are indicative that they're out buying interest round about 12 18 Who has had to see how that finishes up later on today. So finish up with your dollar And not much to report right here. We're in the middle of two ranges one spot 25 79 is potential resistance one spot 2367 potential support Yes, a bit weird candle there actually to have a positive move and then a gap higher and then a sell-off Those that were jumping around that 21 pureed SMA right there Maybe drift can be expected a little bit on only a dollar today Then looking at GPP USD a potential resistance one spot 5743 We've not been able to break above that yet But any breaking close above that could open up one spot 59 or 9. Obviously, that's not yet happens But we've been trying the last three sessions to break through it without that much success now We are off the session those today So I'm getting the actual US dollar has not really advanced that strongly Versus the other majors especially when you've got this absence of major economic data. So today. There's not much Tomorrow, you've got a Chinese PMI and you've got a lot of UK data for your trading cable And you got the ZDW business report make sure you've got all your alert set for that And if you fast-forward on to Wednesday more UK data And then we've got CPI in the US and followed up by the FOMC Statement at 7 o'clock. Now. This is a pretty important session specifically because it should give extra insight as to how US Infrage rates are going to go so anybody's trading USD related FX pairs, this is a pretty major announcement and that's gonna come out now Obviously the rate is gonna be you know, it's gonna remain the same But it's all about the statement that comes afterwards So keep your eye on the chart form as ever lots of updates from our global analyst team Make insights popular going forward and join me again tomorrow to find out what happened next