 Hi, good morning, and welcome to today's products and focus U.S. there is actually closed up above potential resistance at sixty five nine eight As the market still cheers good news from West Texas instruments and obviously still digesting the Apple figures a lot of Earnings have come out as a bit of a mixed bag But some of the major firms out there I'm talking about obviously IBM a lot of the other major firms seem to be doing Okay in the backdrop of this kind of macroeconomic uncertainty that we've seen However, there's still good big question marks around the Fed and what they're what constitutes a good result for them Because there are some commentators out there that feel that the Fed can only disappoint going forward So obviously a lot of pressure on those guys going forward But incidentally the two levels you want to be aware of on the US 30 16 5 9 8 and 16 7 3 8 and those are the next two potential support and resistance levels So moving forward I should also point out that a lot of the technicals you got a crossover in the MACD as well So there's a lot of technical factors there that are supporting the US 30 in the very short term And you've got that same crossover in the MACD here on the UK 100 and obviously we have already had the positive Signals to to buy it on the slow stochastic and RSI Obviously a lot of ground to make up so we don't necessarily expect that to all happen in one day But we closed towards the top end of the range yesterday We've drifted slightly lower this morning. I'm looking at 63 90 as a potential support eyeing up the next potential resistance at 64 63 Then looking at Japan 225. I'm looking at dollar yen. It's still grinding up slowly there US 30 to Japan to do 5 making up for yesterday's losses and then some a little bit 49 77 as potential support next potential resistance 15 488 Almost across over in the MACD and buying signal and slow stochastic So certainly the technicals running into today's US CPI data Which will be very very keenly watched for what the Fed is actually going to do next regarding interest rates And that's at 130 but we'll come back to that in a second. So looking at dollar yen 107 spot 36 will be potential resistance The slow stochastic's got a signal to buy RSI is neutral Whereas the MACD is hovering around about that zero line So it does look to be 107 spot 36 will be a strategic level And it's struggled and failed to break through it before so the question will be well US CPI figures today be strong enough to help it push through and bearing in mind They are they are expecting and you can see the data down here The forecast that they've got aren't exactly massively strong but a weak figure here would probably cause a US dollar tumble and The US markets take a bit of a knock at the end. So moving on to Crudwell West Texas and $84 once again remains a tough sell for crude traders and today is no different and today's Wednesdays normally they should go Know if you've got crude oil inventories, but that must be fast-forwarding on to Thursday for now But all the data there in regards to West Texas is kind of pointing to excess supply we need the China to not slow down quite so fast Otherwise long-term fundamentals and West Texas crude will always be quite negative and there's been a new report coming out from From Saudi Arabia. They're willing to accept lower prices in order to gain additional market share versus some of the other OPEC regions So rather than defend their Their slice with higher prices by cutting back supply. They're quite happy to have oil be cheap Make more deals and grab a market share So that's probably telling about why Crudwell remains at such a low level and the backdrop of So many pro oil aspects is better than at least so gold still continues to try and push on higher We actually touched a 55 period SMA yesterday. We're unable to break through 1267 still feels like the potential resistance But there seems to be a little bit less uncertainty in the markets today But then check out US CPI and you know US earnings continue to this point US CPI comes on weekend expected, you know, all bets are off again But if earnings continue to do well and some of the big bell with the stocks and CPI comes out much better than expected It's that gold to maybe take a bit of a tumble So finishing up with your dollar your dollar came off a little bit further yesterday on the back of the news that the ECB are looking to do a corporate buy bomb buying program as early as December to help support your zone Companies and to show up some of their balance sheets to help them ensure that they remain productive and That has caused the euro dollar to slide ever so slightly Obviously a little bit of dollar strength as well. It doesn't hurt, but we are now trading blow one spot 2746 I'm up 126 61 as the next potential support And we are bouncing around that 21 period SMA with the other technicals kind of just floating around a neutral territory finishing up with GBP 21 period SMA looks elusive again unable to break and close above it. We are in the middle of two ranges Probably more like that. I'm not sure you can get rid of that level just now One spot 5917 is potential support one spot 6265 potential resistance And we've still got this pattern of consolidation and curvature around here Which might be a base for springboard move higher shoot the sterling end up recouping some of his losses So as we mentioned CPI due to date 130 make sure you got your Recurring alert set for that and we fast-forward on the Thursday. We've got Chinese PMI and UK retail sales US jobless claims Which is fairly important especially for your dollar traders, and then we've got your zone CPI data as well once again if you're your dollar trader pretty much essential Now make sure you keep your eye on the chart forum make insights popular going forward and join me again tomorrow to find out What happened next?