 Hi, good morning, and welcome to today's product and focus looking at the US 30 there You can see he's been volatile last couple of sessions and with Friday the 2nd of Jan Having a candle that's indicative of a move higher But then that collapsed later on in the session to bounce off the 21 period SMA Moving on to today's candle on the 5th January. You can see that we're still hovering around about 17 and 7 3 8 And most other global equity markets are actually down this morning US 30s is kind of playing catch up with some of the other markets Over the Christmas periods a couple of bits of US data that came out That was a little bit substandard and that's had a little bit of pressure on to there They were still seeing some interesting moves in the US dollar that I'll come back to in a little second So looking at the UK 100 again incredible amount of volatility that we that we've had here already in today's session You can see there that we briefly ticked above 65 89. I want to get pushed right back down We're almost back into the negative territory today I'm looking at the infidels charts that has been very volatile up one minute down the next up again and down again And now we're trading blow with the 21 and 55 period SMA, which was adds a little bit weakness on to UK 100 Which could be showing a move down to 65 15 should that pressure continue So then looking at Japan 2 to 5 long-legged candles failing to break through 17 Let's just say 17 500 driven below that 21 period SMA and the other technicals are relatively neutral And these last couple candles actually have been I've been pretty ugly now dollar yen is back above 120 But it seems to be more More of an equity sell-off right across the board as most other markets are actually now to begin to talk more about potential quantitative easing especially over in Japan and over in the eurozone as well So moving on to that dollar yen Position as you can see there we've managed to get back above 120. We're now gonna be eyeing up 121 spot 87 We are trading above the 21 period SMA, which should be good in the short term Other technicals are quite neutral apart from the slow stochastic, which is slightly overbought right now The fact that we're not able to break above this short-term potential resistance in about 120 spot 84 That might still be something that's gonna be quite difficult for dolly and to break as of today Everybody who's still be talking about with Texas crude which down at 51 55 so getting quite close to a psychological $50 round number This has not had that much love But what's quite interesting is when we broke below 54 spot 85. I've had a retracement up there on Friday Which then resulted in the bout of seven again, which helped push that back down again So this could be an interesting pivot level 54 85 We do get any rebound back up to there any point in the future So having a look at gold there Gold's not really doing huge amounts still bouncing around 1186 below the moving averages other technicals are quite neutral Almost got a crossover in the MACD ready to break the zero line Depends for that dollar strength is that's going to continue on and we'll be looking at your dollar and cable right now So you can see your dollar completely smashed through 120 Actually went all the way to 118 70 in the back of comments that my or draggy made there At the weekend, which a lot of people have taken For bait them to mean that they're going to do quantitative easing Possibly announcing it as soon as the 22nd of January that sounds pretty close to be fair And the he really does not really want to do this He's been talking about it for a long long period of time And the market has actually run off those rolls back up to 1953 right now, but 120 was broken We've actually got to go a lot further back now to get the next potential Resistance this potential support Let's go here onto the max time interval Just to give you a bit of flavor of where this could go Actually, we're down there already at 118 spots 72 The next one after that is going to be down here So you're probably looking at a potential move to 116 61 I could just show that one just slightly better Let's say 116 40 And that would be a very very low level in your dollar This is already a five and a half year low against usd So they give you a bit of a flavor how things have panned out and you see a cables being just getting absolutely smashed there On Friday a real negative day on Friday and then breaking below potential support once bought 54 24 And today again Hammer formation similar to what you've got on your dollar right now with the longer-term potential support all the way down at one spot 48 13 So that gives you a bit of flavor what's going on. So we do have a German CPI data due today at one And if we fast forward on to Tuesday, we do have a Chinese PMI data You've got your own PMI data UK PMI data and Throughout the whole day it looks to be that Tuesday's PMI day and Factory orders later on that session and if we go into Wednesday You've got European CPI and then you've got the ADP private payrolls and trade balance data Which everybody will look forward to for non farm perils on Friday as ever keep you on the chart for them Make insights part of your layer and join me again tomorrow to find out what happened next