 Hi, good morning and welcome to today's products and focus. So yesterday brought us the ADP private payrolls that actually managed to surprise the market and coming a little bit higher than expected coming in around about 217,000 versus 190 and change expected. What that's done is cause the equity markets to kind of tail off a little bit because basically it just adds extra weight to the argument for that December rate hike which seems almost a formality at a stage but now it's all focused on the trajectory of future rate increases. Is this going to be the only increase we're going to see for quite a few months or are we going to see an acceleration as time goes on? And today also brings us the ECB decision on monetary policy. That's right about lunchtime as well and then we've got non-farm payrolls on Friday. Obviously that's going to be quite a big deal as well and then you're looking at the 16th of December for the FOMC meeting where they'll make that fruitful decision about US interest rates. Janet Yellen coming out last night saying she's looking forward to her first interest rate hike in almost a decade adding extra weight to the argument that December is in fact going to be lift off on the rate question. So 17747 is potential support on the US 30 and that also coincides with that 21 period SMA. So then jumping on to the UK 100, failure to break and close above 6415, doji formation, very volatile session in the UK markets yesterday. Still on the wrong side of there just now this is the pivot level to be aware of. So then jumping on to Japan 225, Interday charts tell me it did nothing for most of the session yesterday before it tailed off and we are still failing to break above 20,087. We're going to look quite top-heavy here. The other technicals massively flattened out that the 21 period moving average is going to be chasing up quite quickly behind those candles so that'll be interesting to have a look at. Then looking at dollar yen, dollar yen is just ever just slightly grinding higher towards 124.42. In fact the dollar managed to gain a little bit of a momentum yesterday on the back of that ADP plan of payrolls but all eyes will be on euro dollar later on in the session. Looking then on crude oil west, Texas closed above below 40 for the first time since August and obviously it's been lower but it closed lower than 40 dollars for the first time. Very negative candle right here. $37 is an exponential support fall by $35.30. We've had a modest rebound this morning but on the Interday charts it's looking like there's a lot of pressure on the price anyway and falling on from a big negative candle like this it's going to feel a little bit of pressure but the tips of the candles down here the low of the day yesterday was about $39 so that will be it's only about 60 cents away there but that's an important level as well and that gives you about an idea of what to expect. That was obviously on the back of I believe your inventories that were much higher than expected again so massive amounts of crude end storage basically and people are holding on to it which means they're not really using it they're just storing it which means the supply there's a massive supply glow and crude and those figures is out of that. You can see after the ADP private payrolls gold initially went towards what 1042 before it managed to stage a very modest comeback so if we then look at this from a weekly perspective yet again where's the next potential support level so going on you could take the tips from down here but that'd be a little bit boring that kind of almost coincides too nicely with what we have here I'm going to go for down here and actually I'm going to remove this and take this across because that's possibly going to be a more significant that's definitely going to be a more significant potential support and we're going to put this level down here as well because that could be that would obviously be a pretty punchy move if I'm completely honest but you've got to think about the fundamentals here as well so this is where we currently are redrawing the levels it looks to be that 1031 could be the next potential support level which means we're kind of in the middle of two ranges with 1072 being the next potential resistance finishing up with GB with your dollar and GBP USD so Euro dollar we're looking at one spot zero five 24 being potential support we're off the session lows yesterday we're grinding a bit lower again this morning it's going to be volatile dependent on what comes out from Janet Yellen now there could be quantitative easing they could cut rates there's a lot of different things that they could go ahead and do we just have to wait until later on in today's session to find out and that is going to be 1245 for the for the ECB rate and then Janet Yellen's got a press conference where she'll talk a little bit more about that decision and what the plans are so keep you up we've got to go on to GBP USD actually sorry if we ever look at excuse me if we ever look at where we are right now still in the middle of two ranges one spot 48 59 is the next potential support with one spot 50 27 being the next potential resistance and in fact long return you probably look at the tips of these candles probably going back to here again i'm going to draw this on if we look at this level right here one spot 4640 could be the next potential support level to keep your eyes on so it gives you a bit of an idea what to expect keep your eye on the chart forum make insights part of your layout going forward and join me again tomorrow to find that the result of that ECB meeting today and look forward to non-farm perils on friday make sure you don't miss out on our live webinar go to support live trader events and send up to colin trokensky and michael hueson's webinar will it be good they'll be discussing non-farm perils live as it happens thank you very much goodbye