 Hi, good morning, and welcome to today's products and focus starting off the US 30 You can see they were just on the downside already just touching potential support at 1773 a after Friday's doji there Most global equity markets are a little bit in the back foot this morning There does seem to be deflationary pressure impacting most markets and some big moves in FX as well So just we actually just ticked a little bit below this or their own during the session But you've managed to Just ever so slightly go on the right side of the line But let's see if that will continue on as we have a whole raft of more PMI data to come out today There's already been some really weak PMI data coming out of China Which isn't helping the markets any any time a lot and I'm not we've got a whole bunch of European PMI data due later on today as well You can see we've got over in Germany and we've also got some US data as well as to keep us going So moving on to the UK 100 also on the wrong side bouncing off the 21 period SMA I'll be at we are trading the bottom end of today's range. This is a technical breakout gapping lower this morning next potential support is at 6589 And this isn't so good For the UK equities in the short term crossover in the MACD You can see we firmly crossing these levels here technical levels on the RSI and the slow stochastic so Technical pressures combined with some fundamental aspects. It's not a good starting block Moving on to Japan 25 it broke through potential resistance at 17496 as dollar yen basically has Has kind of broken out hitting about 119 On the back or basically the US dollars just going rampant across a lot of its a lot of its other majors out there Down to the fact that there is a thought process that most of these other world governments Japan and the ECB I guess Need to do something to tackle the deflationary aspects. They've got and play right now So looking at a dollar yen, you can see there We're just having a bit of a retest of potential resistance at 118 spot 99 it just took put his heads above 119 earlier on this morning, I believe 119 spot 0 3 Which is the highest it's been for for many many years only just talk slightly below it again This level has is not had a proper technical break out yet needs to break and close above it But certainly there does seem to be a little bit momentum We have to wait to see how US PMI comes out Which is widely expected to be way better than the eurozone if you look at the forecast of 58 right here And then you look at the eurozone or the German figure there the forecast is 50 nothing below 50 seen as a contraction So that gives you a bit of an idea of massive gulf there is between between Europe and America So moving on to cruel West Texas this goes from bad to worse. We've already hit 64 dollars This morning Actually, it's going to weekly chart. Let's see for the next potential support level is off. It's a long way away Oh matter of fact, we you could arguably take $60 has been one of the next levels in the fact I'm actually gonna go have to have to go back here and tidy up some of these support levels now Because literally there's been so many technical breakouts now. There's no point in looking at these levels again for some time Let me switch back on to the daily interval So, you know, obviously things have not been looking that great for West Texas crude For some time. I might get rid of this level as well just now So these are arguably the the core levels to look at these are all historical levels $64 will be the potential support next potential support will be 5950 That will possibly be a big psychological floor for for West Texas crude Technicals are just completely out the window right now as the fundamental factors are huge to drive in this going forward But certainly the the strength of the moves that we've seen has been quite incredible and just seeing it on the weekly standpoint You know, I kind of post that into context. So Those are the core levels to be aware of gold as well completely reversed after the Swiss had the referendum about the Utilizing gold as part of their reserve look against the currency You see we actually get lower this morning But we have had made up a little bit of lost ground 1137 is a potential support. So we could be getting kind of a hammer formation right here Could be a bit of a short squeeze as well after such a short move to the downside But the winners and see how this plays out throughout the day We've got a crossover in a slow stochastic them right there and the MACD Whereas the RSI is kind of neutral right now kind of very unusual patterns to have right here But we are still in the middle of two ranges as ever. So 1186 is going to be potential resistance Where the fundamentals are definitely quite negative for gold in the short term Finishing up with your dollar and GBP USD your dollars again on the back foot as ECB is going to have to look to potentially cut rates as ever. It's Looking kind of ugly out there, but one spot 2367 is the next potential support We're not there yet. So there's still a lot of room for maneuver. We're on the wrong side of that 21 period SMA I'm finishing up with GBP USD. It's also moving to the to the downside. We could have short term Potential support right here around about one spot fifty-five. Let's say one spot fifty-six Okay, and the next potential support level is just at the bottom right here with one spot fifty-four twenty-four And if we actually look at the economic data there today, and we fast-forward on to Tuesday You can see that you've got domestic domestic auto industry sales Tomorrow and not much else and then when we fast-forward on to Wednesday, you've got more Chinese data more UK data And you've got ADP private payrolls So GBP USD my for most of major FX pairs will be very much in vogue and people will be talking about quick for some time to go Keep behind the chart forum as ever make insides part of your leg going forward and join me again tomorrow to find out what happened next