Shun-Jiru

Shun-Jiru

Looks like a bearish pennant. Testing that 150 area pretty hard right now. We'll see what kind of pattern it'll make. It may move higher to the 160 area.

Shun-Jiru

I wouldn't buy the dip. I threw it up there just for fun. I have a feeling it's going to touch the bottom and either break through or bounce back up to the middle of the fork.

Shun-Jiru

Looks like a raising wedge pattern so we'll see a breakout going south.

Shun-Jiru

Looks like it's going to be flat, a happy medium of downward and upward pressure.

Shun-Jiru

Entering into reversal area, we'll probably see it test the bottom support there.

Shun-Jiru

Likely to break out north, long overdue.

Shun-Jiru

Likely to break out lower to go to 105.90 then break out of massive triangle down to 104 territory.

Shun-Jiru

Hitting the ceiling too many times will exhaust all the bulls and allow the shorters to step in.

Shun-Jiru

Bearish. to 107 area.

Shun-Jiru

Bullish. $ is going to weaken.

Shun-Jiru

Carcass prices are steady 70 cents. Will this drop continue? I'm thinking around 43s

Shun-Jiru

Looks like another good short, just a continuation of my previous short.

Shun-Jiru

Sorry I'm not looking at this on the traditional Gbp/usd view. It's a bit easier to rationalize movements this way.

Shun-Jiru

I think we're going to see it fall within the trend line this year. We didn't get to see the anticipated LOW and stopped, but I think it will remain within range.

Shun-Jiru

Historical Analysis

Shun-Jiru

$ weakening, another bullish movement coming up

Shun-Jiru

I believe it'll clone again and retest the previous high.

Shun-Jiru

USD tends to strengthen at the beginning of the year. If the USD does follow the usual to usual yoy trends then for the first 2 months we'll see a bullish move. Then afterwards it will continue the bearish trend southward. If it doesn't strengthen then we will see a continuous ranging trade until it decides to continue the bearish route.