 Hi, good morning and welcome to today's products and focus so we start with us 30 is ever volatile session yesterday again with us 30 Hey in 17361 Before bouncing off and then finishing up a little bit higher already as we're going to drift that little bit lower as most European markets Are as well China and Asia are off again And then maybe give you a bit of an idea about where we where we are today So the technicals are still relatively neutral. They're not yet oversold so they still could be for the downside We're trading quite far below both those moving averages And I've extended to the downside. So this is begin to look quite a kind of top-heavy And obviously with non-farm payrolls today. I would be that surprised to see quite thin volume until close to the time Because the Fed has said many times is very data dependent about any rate hike in September So if non-farm payrolls comes in very very weak or very very strong It's probably just more keenly watched than ever this month. So it will be very very important So moving on to the UK 100 a failure three times to break through 6771 also coincides with that 55 pure death may drifting lower this morning other technicals neutral Obviously quite a different formation to the US 30 So having a look at Japan 25 a dollar yen Was almost at 125? Yesterday it's currently 12475 I think it gives you a bit of an idea where the Japan 25 is could be a triple top forming It's not been able to break through 20,000 860 and close above there For a number of years We are trading now in between you've got your moving averages just slightly below the tips of these candles right here The other technicals very much that most of the other indices are kind of neutral And it'll be interesting to see you for Japan 25 finishes up today Obviously if non-farm comes out strong that's gonna be bullish for the US dollar and you could see a big move in dollar yen Which will be coincide with a decent move for Japan to do five So let's have a look a dollar yen You can see the audience still firmly trading above through potential resistance 12442 next potential resistance 126 Now it did break through with some decent conviction on Wednesday didn't do a lot yesterday and it's just floating around today I would imagine that's gonna be pretty much the case for most FX pairs Until we get non-farm perils out of the way Looking at West Texas crude. It was down as low as 4410 yesterday Managed to get off the session lows. It's in positive territory at the moment, but only just On the end of the day charge looks very very flat Seeing an interesting move in gold first thing this morning actually Probably happens maybe about four in the morning. There's been a short-term spike up So that looks like a technical breakout of the symmetrical triangle on the upside I'm not really quite sure why that's the case. You're not really seeing it on any of the other standard FX pairs So perhaps somebody's just taking a bit of a view that non-farm perils might not be quite as good as well Some people might think There's an unusual spike because it's basically jumped almost ten dollars In a very short period of time and it's still towards the top end of its range right now So it's actually it's shooting off just as we're currently looking at it. It's almost getting back to 1100 So we'll see how that But that's nothing technical break You guys should keep an eye on that So finishing up there with GBP USD and Euro dollar so your dollar flat not doing a huge amount Technicals flattening out in the middle of two ranges actually your dollars probably the least exciting FX pair today and then have a look at Cable so obviously We had Karen you come out yesterday with the minutes on interest rates basically casting a lot of doubt on Any significant rises any time soon? The npc vote came in seven to one It's right eight one. I think people were expecting seven to two So less people voting for a pro rate hike Than expected and very much the same that the strength of the sterling is is of critical importance to the competitiveness of the uk economy And Karen was very quite clear about the fact that things need to get a lot better before he would put that at risk by raising Rays too soon and increasing the value of the sterling which has already had quite a good run So that's why we've got such a negative bearish and golfing pattern Yes, the and today's not that much better. So Again non farm perils is at 130. That could be something that could be a catalyst to drive that even lower if it's a very strong figure Let's guess it gets kind of more interesting if it comes out pretty weak. Now adp parapierals missed expectations And they're expecting 223,000 which is a fairly big number if i'm completely honest So make sure you're alert set for that. There is actually a live webinar today You just go to support and then go to live trade or events You've probably seen it in the promo pod on the platform But anybody can go ahead and join that you can also just go to the cmsumarkets.co.uk website and go to the education section And you'll be able to tune in right then there So guys, keep your eye on the chart for me. I can see there's a couple of Cmsu Markets clients again posting content on there, which is fantastic Insights make sure you make that part of your leg going forward and join me again on monday to find out what happened next