Report

GMR Macro-Technicals - 25 May 2018

A break of weekly trend today will be the first overt sign of a failure off the +/-111 Q2 trend resistance in USDJPY, where shorts were set last week. A neutral downturn there triggers a larger magnitude correction to developing June supports. US Treasuries are correcting higher, but face their monthly downtrends not too far above. Price action in stocks has gotten stale and the boundaries narrower. Risk of a breakout increases next week. See GMR Macro Technicals for specific price levels and detailed trade strategy on FX, Rates and Equities.
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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