Shun-Jiru

Shun-Jiru

Looks like the $ might strengthen at the beginning of the month, but fall short and weaken as it heads toward the summer. How soon it will go up? not sure, but I'm definitely bearish on the $ and going to long this EU when i see the opportunity.

Shun-Jiru

Just looks like a good opportunity to short the $

Shun-Jiru

Currently located at critical pivot point and resistance zone. Likely to fail and turn around. Can short at the top to.. 1st TP @ 45.80 2nd TP @ 42.92 I think it'll go down to 2nd TP zone. Watch for the breakout on the wedge... Likely around 48~49 area.

Shun-Jiru

1.46

Shun-Jiru

EU breaks free from 2 year old channel target 1.22

Shun-Jiru

USDJPY looks like it's at a good spot to turn around, getting rejected at this critical resistance point.

Shun-Jiru

USD falling. Looks good.

Shun-Jiru

Let's just call this the July 10th Short.

Shun-Jiru

Time to come down. If you look at 2015 and 2016 trend we see it start coming down about now towards Oct. Prices may be stable this year ranging from 1.10 to 1.40. We're likely to see lower lows from here on out.

Shun-Jiru

Another short for oil.

Shun-Jiru Updated 

With McDonalds promoting their Famous McRib this winter, we are seeing unusually high Hog prices, but that's about to change soon and we should be expecting the usual low Winter prices beginning of next year to beginning of summer. Waiting on the 0.618 retrace since it popped above 0.50 level. Blue box is normal range for Hogs. 2014 we saw unusual prices due...

Shun-Jiru Updated 

Good luck. Still have some time to reach red line. Maybe wait for it to hit the red line before shorting. Short back to support, then long to previous high between 117 to 124.

Shun-Jiru

I am looking forward to next years corn harvest and lower feed prices. I foresee a surplus of rain next year.... not too much rain, just enough rain and sunlight to make our corn grow. Possible break lower to blue box range starting 2018.

Shun-Jiru

Monthly UJ View until 2019

Shun-Jiru

Good luck. Long Short Long for Long term outlook

Shun-Jiru

EU looks like it will go down to 0.90 level. Current target is 0.96891 by May.

Shun-Jiru

Blue boxes are high volume trade areas. My prediction is that it will go up for the 1st year of Trump's Presidency and will likely do something to crash the DXY. Possible one term presidency. Unless for some reason he's able to create a bubble in his first term and then pop it in his second term. We just have to wait and see?

Shun-Jiru

Fundamentals are influencing my technical judgement on this one. If the current support at 95 holds then we will see it retrace to 123 by late 2017 to beginning of 2018. The lowest I see it going is down to 80, there is some support at 87. I think it will touch 87 at this rate if it decides not to break out of this falling wedge. China may start buying up...