Report

GMR Macro Technicals - 22 June 2018

The USDCAD, and to lesser extent AUD, trends remain strongly entrenched with (much) further to run. The flip side of the big move, however is trend structure to buy USDCAD and sell AUD is distant and allows for a countertrend correction. Both EUR and GBP are neutral, however, as long as they hold key developing July/Q3 base supports. SPX is in danger of ending its weekly uptrend, the first sign of potential failure at +/-2800 Q3 resistance. See GMR Macro Technicals for specific price levels and detailed trade strategy.
Provider
Global Market Research
Global Market Research

Global Market Research provide quantitative, algorithm-based research to institutional investors in the Equity, FX, Rate, Commodity and Blockchain markets.   GMR provide significant value to our wide range of clients in four distinct ways:

  • Translate broad Macro ideas into actionable Price Strategy;
  • Apply the GMR proprietary method as an independent filter for client-driven ideas;
  • Utilize GMR's unique algorithm to identify markets with potential for major price shock; 
  • Bespoke Analysis.

GMR regularly publish four specialized subscription reports: MACRO Technicals® focuses on the major USD crosses, US Treasury yields and Equity markets. GMR Weekly Notes® identifies a Top 10 list of risk/reward opportunities across asset classes. Petro-Technicals® covers Crude Oil and Natural Gas markets; Bitcoin Technicals® focuses on blockchain technology.

Analysts
William Basa

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