 Hi, good morning, and welcome to today's products and focus markets are still looking a little bit on edge lots of volatility yesterday Especially on use that the Russian government are doing tip-and-tap sanctions against the US and Europe with food import bans and fruit and veg bans and 20,000 troops on the Ukrainian border also doesn't really help things a lot, but That coupled with some kind of mediocre data has really kind of put a lead in the markets Obviously, there's been quite a strong sell-off lots of all utilities has been bouncing around these levels quite a lot and Last night. I think Australia posted its worst unemployment number in 12 years Raising expectations that the Aussie might be going through a rate cut at some point soon big moves in the Aussie dollar FX pairs last night as well With us 30 we are bouncing around about a potential support at 16 400 And most global markets looking at the intraday charts are looking pressured this morning again So looking at the UK 100 very big lots of volatility yesterday You can see we've been all the way down to 65 81 pretty much which was a potential support level We've picked out there before a real ham information right up to the top But again slow ground lower technical indicators are our neutral indicating There could be still further room to move lower should the rest of the global markets follow suit Japan 2 to 5 bouncing Close to 14 977 Dollar yen wasn't because US dollars quite interesting your dollar has shot right back up again Probably more dead cat bounced and than any massive euro Strength Cables down Dollar yen is down golds be obviously stand out. We'll talk about that in a second safe haven still still in play So I guess there has been a little bit of yen buying I can see your yen as well It's a little bit buying there yesterday Which would have been hurt in Japan to do five yesterday But we've had a little bit of a bounce day cap of that for five period SMA That doesn't look good from a technical perspective in the short term anyway. So lots of pressure on that market. So looking at Dollar yen you can see it yesterday session was terrible really so lots of yen buying We've had a bit of a bounce this morning, but that's a real bad candle to have though We have bounced off to 21 and 55 period SMA lots of pressure building right here I guess we're looking at the fundamentals again now We're still thinking stronger US dollar but people are really getting into the safe haven buying mantra as you saw with that big massive $20 spike in gold yesterday, and there will be safe haven yen buying as well Very very very remote possibility that the Russians are going to invade Ukraine But lots of your member states posturing and positioning themselves to further their own agendas But certainly it's not a great situation with all these tit for tat sanctions, but Your people will probably want to take some money off the table and there's lots of excuses to do so right now So looking at crude oil West Texas is getting smashed about just now. This is actually really interesting We're breaking below $97 on the on West Texas Brentford is down as well our big supply glut right now And you know for me, this is all about you know less than global demand in the future People are you know just getting out of crude oil because there's a lot of reasons in the future of why there is uncertainty over the you know the demand for crude oil and You do these technical pictures that you're seeing right here is Lending itself a lot to a break below 7664 which is a potential support the next potential support being $95 But I guess the lower this goes the better is longer term For obvious reasons so looking at gold gold at this was a bunch formation Which it looks like it was big technical breakout stopping bang on that 21 period SMA again And we're floating around there just now. So I think the market is just kind of waiting for that for that next phase That next directional movement and the 21 period SMA Historically my for the moving averages in general on gold seem to work quite well And it's still capping any gains on gold so far there today and As the US dollar become kind of comes back to life this morning against some pairs There might be a little bit of pressure on gold stopping it from breaking up any higher So finishing up with with you a dollar As you can see they were actually quite a negative session at one point throughout the day We've had a late rally, but slowly creeping back down again Usual fundamentals behind weakness in the eurozone and more positive US dollar Russian sanctions stuff that that could be quite problematic for the eurozone Germany's just having an absolutely terrible time right now, which obviously is a big component of the eurozone So there's lots of fundamental pressures on the euro It just depends if the US can muster up any decent macro data to help edge that further forward Cable has pretty much reversed all its gains that it made there on Monday and Tuesday Bad day. Yes, the is drifting lower again this morning. And I guess that is because we do have We've already had the German and Dutch and product production, which was pretty weak to be honest And you can see there that we've got interest rate decisions from From the UK and the eurozone that won't be anything exciting But then we got US jobless claims, which might be catalyst for cable and a catalyst for your dollar as well So if you're into if you're an FX trader, there's lots of reasons to get involved in the markets today Depending on your view and that 130 figure there That will be interesting to look at five hours to go. Make sure you set that in your economic calendar There'll be technical trade setups and kind of support from a global analyst team on the chart for them So make sure you get a chance to check that out already there are a number of posts we'll be up there and Make sure you make insights part of your layer and join me again tomorrow to find out what happened next