IkanBilisCapital

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The pound dollar looks ready to retest the 1.38 level as the downward correction looks set to continue. BEAR CASE If the 1.38 level falls to hold the next level we are looking at is around the 1.37 level to hold. BULL CASE The 1.38 area looks like a strong level to bounce off for a longer term uptrend.

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This pound yen ended with a third consecutive green candle as higher lows are being formed. It looks like the pair is ready for a long sustained move to the upside. However, in the short term, we may see a retest to the 148 level before the move can happen BULL CASE We can see the pair move farther to the upside after a short retrace to the 152.3 level. BEAR...

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The EURUSD ended the weekly with a bearish engulfing candle. It now looks poised for more downside and the levels near 1.15 that the bulls fought hard to break now looks ready to be retested. BEAR CASE This pair looks ready to break the low formed near 1.175. The are other areas liquidity where we saw strong buying earlier this year and late last year but price...

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The DXY ended the week green after finding support on the weekly MA. It looks read to test higher levels. BULL CASE We think the bottom is in the DXY and it is ready to find momentum to the upside to test the 95.0 area before any significant correction BEAR CASE If the week were to end red, it needs to first test the 93.5 level before finding downside.

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The aussie dollar continued to trader in a tight range, ending the week bullish but uncertain in the direction it wants to go. At this point, this pair looks ready for another trip to the downside to liquidate premature longs placed at around the 0.73 levels. BEAR CASE If the bears take control, it should be a short-lived trip down to 0.724 or the 0.715 levels...

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The pair continues to trade in a random walk manner, we see clear upside in the medium/long term for the USDJPY as the path of least resistance for stop loss hunters lie on the upside. However, more usd may have to be accumulated at the lower levels before the cap is lifted from the pair on the upside. BEAR CASE WE think price could revisit the 107 levels before...

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The dollar cad has broken one of the two levels we marked out last week, we think the 1.23 level could be next but price needs to find some short term relief to the upside before that can happen. BEAR CASE Price to find resistance at the 1.25 levels before going to test the 1.23 level. BULL CASE This could be the bottom for the pair and if it finds more...

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The points of liquidation that was marked out on this pair has yet to be visited. As the price trades within a narrow channel, its the perfect set up for a whipsaw to both sides to liquidate all the retail traders. BULL CASE We think the new zealand dollar is ready for a major move upwards to break the 0.705 and 0.71 levels. BEAR CASE A short term price...

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The pair retested on out of the three levels that we marked out for as areas of value for the institutions on the upside. We think the bottom is in for the pair as there are little to no downside levels to exploit and the path of least resistance to stop loss hunt seems to be to the upside. BULL CASE We expect price to test the 1.385 level before finding more...

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The bull case played out for the pair this week. The levels that we marked out have yet too be breached and we foresee more upside on the pair in the short term. Unless proven otherwise, we will get ready to enter on every dip till it breaks the three levels. BULL CASE If price holds the 1.52 level and reverses to the upside, we expect it to break the 153, 154...

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The EURUSD broke 3 out of the four levels that we marked out last week. Liquidating the overzealous shorts placing high leverage bets at the tail end of the downside correction. One last level is left standing. BULL CASE If the pair holds 1.18, we expect EURUSD to retest the 1.20 levels. BEAR CASE We think it needs more build up to retest 1.15 on the downside...

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The DXY broke 3 out of the 4 levels that we marked out last week. This could be the low for the pair but we will not be surprised if it pushes down another leg to break the 91.500 level before it continues its uptrend. The macro landscape looks to rising bond yields and a strong dollar as all the money lent out during COVID needs to find its way back to its...

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The AUDUSD continues to be range bound this week. We think the bottom is near and we should start to see a price correction to the upside in August. In the coming week, we may see a fake out to break the low but that should be short lived. BULL CASE The pair is ready to move up from these levels to break the 0.75 and the 0.76 levels. BEAR CASE The pair fakes...

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This pair is half way across its correction to the downside, it looks poised for a short to medium term upside. We think price has the potential to reach around 175 but farther upside will be fairly capped by the overall macroeconomic sentiment. This pair is short term bullish, medium term bearish and long term bullish.

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We think that BTC will continue to trade rangebound for the upcoming months before finding conviction to either side. In the short to medium term, we think that the pair is ready to recover to the upside but BTC and all other risk-on assets are capped by the fear that the fed might raise rates to curb inflation.

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We predicted upside in the short to medium term. This week price continued to trade in a random walk manner. We see areas of value to the downside that needs to be liquidated before price can continue a sustained uptrend. We expect choppiness in the upcoming week. BEAR CASE We want to see price move down in the medium term to break that 107.000 level. BULL...

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Last week, we predicted the dollar cad to find short to medium term momentum to the downside, price however fulfilled the bull case that we drew out to liquidate two areas where shorts were placed back in April. We think price needs to liquidate some near time longs that were placed before it can find more upside. BEAR CASE Price to find it's way down to the...

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We were expecting some choppiness for this pair. It did not find the upside that we predicted but the path of least resistance for value continues to be to the upside. If we look at the longer time frame, we can see that the NZDUSD could find support near the 0.675 to 0.68 levels. We expect some choppiness to either side. BULL CASE Price can move up first to...