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Posts by "justin lee"

16 Posts by member
Justin Lee
(HK, Hong Kong)
Justin Lee
HK, Hong Kong
Posts: 16
10 years ago
Feb 15, 2011 22:22
In Thread: GBP
Should I take profit on my short EUR/GBP before the quarterly inflation report? I shorted it at 0.8420, thx!
Justin Lee
HK, Hong Kong
Posts: 16
11 years ago
Dec 3, 2010 0:52
In Thread: GBP
Anyone aware of GBP/CAD?

The recent range of 1.58 - 1.64 is broken on the downside, which is likely to set a new lower range for the pair. Expect 1.54 or even 1.50 level.

Any comments?
Justin Lee
HK, Hong Kong
Posts: 16
11 years ago
Nov 17, 2010 1:46
In Thread: JPY
The recent sharp fall of different asset class may slow down JPY's weakness.

All JPY crosses are showing some signs of exhaustion and it likely to cap the upside of USD/JPY below 84 for the time being.

Technical development of USD/JPY in hourly chart may point to a short term retracement.

Thus, Ppl already long USD/JPY may think of taking profit at 83.60, and re-enter the position if the pair trades near 82.00 again.
Justin Lee
HK, Hong Kong
Posts: 16
11 years ago
Nov 12, 2010 10:13
In Thread: GBP
Thx again! Did make a quick profit today by longing GBPAUD, took profit at the level u mentioned.
Justin Lee
HK, Hong Kong
Posts: 16
11 years ago
Nov 12, 2010 2:50
In Thread: GBP
Thanks Ashraf!
Justin Lee
HK, Hong Kong
Posts: 16
11 years ago
Nov 12, 2010 2:25
In Thread: GBP
Potential 250pips+ upside of GBP/AUD.

A likely double bottom and neckline at 1.6420.

Receding speculation of QE expansion from BoE supports GBP, while the rising risk aversion limits AUD upside.

Any comments?
Justin Lee
HK, Hong Kong
Posts: 16
11 years ago
Nov 5, 2010 6:59
AUD top is likely at around 1.0350 (double bottom target). Next week lots of Chinese data may affect the AUD. Market expects better IP and higher trade surplus (import growth also).
Justin Lee
HK, Hong Kong
Posts: 16
11 years ago
Oct 26, 2010 3:36
Hi Ashraf,

What's your view on CAD/JPY?

Seems that the pair found strong support at around 78.50 and ready for 81.00 in the ST.

Gold/oil ratio (falling) points to a stronger oil this week, with Friday's Canada GDP (look for a positive growth), CAD is benefited.

In addtion, a tiny upside for JPY only as it trades near 79.78/80 level.

Thanks!
Justin

Justin Lee
HK, Hong Kong
Posts: 16
11 years ago
Jun 7, 2010 22:56
VOTE:Other (explain)

No one will exit the euro-zone, as the cost is too expensive.
Justin Lee
HK, Hong Kong
Posts: 16
11 years ago
May 5, 2010 2:33
Hi Ashraf,

Love your EUR analysis. Do you think the 1.27 target will come earlier than your forecast?

Justin