 Hi, good morning, and welcome to today's products and focus so one person to go to have a look at is the data that came out of China They're on Saturday and Sunday Trade balance details coming in at minus one percent with the forecast came in at minus eight point three And if you have a look there at Sunday the PPI was forecast come at minus five and actually came in at minus five point four percent as well So real bad news out of China slow down very much evident there Stop market slide has firmly resumed on that side of the world more stimulus needed by the Chinese government and That impact has been felt across some of the other global markets as well So you obviously get a bit of flavor that on Friday session there the US 30 actually traded below potential support at 17 361 it's had a slight more bounce this morning But it's over in the a lot of the other Asian markets where things have gotten a little bit more dicey on that side so No problems also out on Friday as well, which came in about 215,000 versus 225 expected So a September rate hike apparently is still being talked about. I'll be in other parts of world. It's all over the shop Now most FX pairs Initially the dollar rallied on the back of that NFP only then to kind of reverse background So when we have a look at cable in your dollar, you'll see if we have a look at the identity chart You'll see it spiked down And then move back to the upside so we've not seen big big moves on the US dollar In the right direction, which would be indicative of the fact that they are going to raise rates But we'll just have to see see how that pans out So that's currently where we are with the US theory other technicals are kind of relatively neutral We are grinding a little bit higher this morning in in the US And we have had like some modest little spikes actually on the Germany 30 and UK 100 But as I said, it's China that's looking a bit a bit weaker But it is all now about if they're gonna do stimulus or not So maybe that's providing a little bit of short-term support So moving on to the UK 100 you can see that we failed to break through potential resistance 6771 The last number of sessions today is no different. We're off the session highs Up here is a very little movement already this morning The MACD is quite close to crossing the zero line, which would be positive or as the other technicals are still quite neutral We are going to get a sandwich between this potential resistance and that 55 period SMA as well So moving on to Japan 225 with 2868 being the potential resistance dollar yen initially the drop down below 124 was 125 straight after long farm perils And Japan's actually pushing up that little bit a lot better. So decent data actually coming out of Japan But we've failed so far to break through 2868 So moving then on to dollar yen You can see that move that we had there following friday's non-farm perils were just Pretty much on the cusp of that potential resistance at 124 42 talked about number of times Moving averages grinding up maybe providing a little bit of short-term Price support to get this back above the potential support and keep it above there So we can re-challenge 126 And then if we move on to west texas crude now, this is one where you really are seeing the effects of The chinese slow down the fears of the chinese slow down With the with the crude now trading pretty close to the potential support 43 30 And in fact, I do need to add my next final support level It's running about 142 And you can just see how far that crude actually has fallen over the last last number of sessions And I might as well just get rid of a number of these potential support levels Just to make it look that little bit cleaner So where where do we stand relative to other historical price action? Well, let's just jump on to weekly chart and then let's just max that out for a second That gives you an idea about where we are And once we if when we break 41 or 42 dollars Then 35 is the next logical potential support And that was the price of crude at the height of the credit crunch basically the very bottom part down here And that is a very interesting charm So moving on to gold gold breaking up to the to the top side Some traders now begin to position themselves that the rate hike will not come in september perhaps with gold Very volatile session there on friday. You can just see the candle that we posted on friday It gives you a bit of a flavor of One minute it's down next minute it's back up but we're we're moving back up just now And we certainly on everyday charts is the third attempt that's having to try and break up that little bit higher So we'll see if it succeeds So moving on then to your dollar and as it's kind of grinding higher We just jump on to a five minute chart there for a second You can get a bit of an idea Where where the price has been going there in the last couple of sessions And you can see Where where the markets have I've been very very kind of sawing and see sawing all the way around here And jumping back onto that one day chart You can see that the Euro dollars is trying to make fresh highs for the day Just trading ever so slightly Above moving average right here just now with one spot 11 be the next potential support a resistance Sorry, and that also coincides with that 55 period sma as well So putting up with the gbp usd Volatile session on friday 154 24 was potential support it bounced off there pretty much bang on It's not as Maybe towards the top end of the short range and then on the everyday charts. I'm seeing on the other screen It's still posting a red candle. So we're actually down for the day. Everything else is kind of flattening out Maybe feels like Cable is just going to be in a sideways moving market for some time Even though we've had that kind of confirmation now that the the care needs delaying Potentially delaying the rate hike. He doesn't want the sterling to be too strong He feels it could hurt our long-term Long-term exports. He wants to keep our ourself relatively competitive But we're not seeing like a huge massive sell-off on cable, but Certainly we're a little bit away from one spot 56 at the moment So like i'm a day wise, there's not a huge amount out today fast forward on tomorrows dw business report at 10 wednesday you've got more Chinese data you've got employment claims industrial production and crude oil inventories Thursday brings us loads of german cpi and us retail sales Those figures will be pretty important keenly watched and then when we get on to friday, you've got german gdp eurozone cpi And ppi from the u.s as well So not really a huge amount of economic data to kick start things off But certainly enough to keep things interesting So I'll never keep you on the char forum make insides part of your leg going forward and join me again Tomorrow to find out what happened next