 Hi, good morning. I'm welcome to today's products and focus the most global equity markets ever actually rally quite strongly yesterday and we had a number of rate cuts over in Korea and New Zealand over overnight which not all of it was completely expected It seems a big moves in New Zealand dollar and the Korean one most Asian markets also spiking up higher taking Cheer from the kind of late rally that we got on the US 30 right there So firmly bullish on gulfing pattern Mainly boosted by a lot of tech stocks. I did very well yesterday And eventually the back of the economic data front. We need to talk about the crude oil inventories as well So that dropped much more than expected So that was a decent boost for crude oil west Texas in regards to economic data today We still have US employment data and retail sales that we can be watched And that will be good for a lot of FX pairs as well But the US 30 really pushing higher UK 100 Similar pattern so bullish and gulfing pattern right there still in the middle of two ranges 96.06 is the potential resistance with 97.71 as potential support Quite a surprising move actually by a lot of global equity markets because nothing is really dramatically changed From yesterday from the day before to be completely honest Greece is still Not any closer to getting a deal Interest rate talk is still the same way as it was Maybe said better for relief rally in that instance, but Japan to do five also doing quite well Another bullish and gulfing pattern seems to be on its way to retargeting 2868 With the US dollar Still losing a little bit of momentum versus other FX pairs not really Fighting back too hard at the moment. So actually let's have a look at doll. Yeah Dolly yen Very bad day SD and stently what we talked about that first thing in the morning. That was in the back of Comments from the Bank of Japan governor Corota who said that the dollar yen exchange rate was probably as bad as we as as they Kind of predicted as they would see People saw that as some verbal intervention by the Bank of Japan Basically kind of saying well, we don't want to do Any weaker than what it currently is because especially because they're a country that import a lot of raw materials and weaker yen Isn't necessarily that good to the country good for a lot of export to you know export a lot of their goods Outside of the country, but not so good to obviously repatriate money back into the country Sorry, but not so good if you need to purchase a lot of commodities to back in So that's where we are with doll yen bouncing around the 21 period SMA with 121 87 as neck potential support should that fail otherwise I move up to 124 42 could be on the cards So moving on to crude oil West Texas we mentioned yesterday that the crude oil inventory stocks actually dropped Way more than expected. They're expecting minus 1.14 million came in more like minus 6 million So it helped with Texas move up a little bit higher We're actually getting pretty close now to the short-term potential resistance friend about 618 Maybe about a dollar away from there right now with sixty four dollars been the next potential resistance Dollar taking it back seat right now is helping at West Texas build a little bit of Mensom by itself. So they're moving on to gold Gold did spike higher yesterday during the day only to tail off later on in the session You can see that by the candle that it broke up through 1186, but then Reverse course and actually closed bang on that potential support level We've followed on with a bit of downwards momentum again this morning other technic under care is pretty neutral to be completely honest The MACD is almost got a bullish cross, but not quite yet death cross from the moving averages You can almost ignore because we're moving sideways right now So that wouldn't necessarily be a valid signal by 1186 as ever is remaining relatively strategic So moving on to your dollar Dollar's been sideways last a couple of sessions. You can see here is trying to grind up that a little bit higher But it's not reached there as of yet. I kind of a doji formation the last couple of days today We're down a little bit as well We really want to get a decent move above one Many of one spot 14 would be would be decent, but we're a good bit within there right now. We'll get 112 90 But we need to get above the tips of these candles right here, and that'll really help us move forward So moving on to GBP USD to finish things up Decent day yesterday with strangely reverse course already this morning Back into term period SMA one spot 56 is the potential resistance I guess a lot of good news potentially still to come for the UK with the George Osborne our Chancellor over here coming up with a lot of pro-britain Commentary about getting the deficit down selling steaks and RBS and the post office returning money To the taxpayer to fill up the coffers and that could be quite good for sterling longer term But we have been doing quite well, but now sterling certainly had a little bit of air let out this morning And we are looking to Potentially we challenge one spot 54-24 as the potential support So we obviously already covered what's coming today retail sales is the big one That's gonna be important for potential industry decisions in the US employment as a weekly figure So it's still important, but retail sales is gonna be more Significant and then Friday you've got your own industrial production So that'd be useful if you're trading your dollar, and then you've got PPI And then the University of Michigan consumer sentiment data at 3 p.m. UK time tomorrow So as they were keep you on the chart forum make insides probably leg going forward and join me again tomorrow to find out what happened next