IkanBilisCapital

IkanBilisCapital

This week, we predicted that GBPUSD will move it’s descend down. It went according to our forecast before finding strong support at the 1.37500 level. There are now two areas of value to the upside for exploitation by the institutions. We expect price to liquidate stops placed at those levels before going back down to fulfil the bear case we continue the long term...

IkanBilisCapital

We predicted that the downside prediction will play out this week and caught over 300 pips to the downside. We should continue to see choppy price movements. There are some juicy trades to the upside and down but the medium term bias is to the downside, we should be surprised to see price wick up to liquidate some shorts before finding its way back down to...

IkanBilisCapital

We predicted that the EURUSD will move in a random walk manner this week, there is no clear direction establish but the bias is to the downside. The week found itself moving downwards early in the week, before finding a retrace back upwards later in the week. In the coming week, we see low hanging areas of value to the upside that institutions may want to...

IkanBilisCapital

We predicted that the DXY will be indecisive this week, the bias is to the upside but price can be indecisive in the short to medium term. The coming week should continue to be choppy and value can be found to the downside by liquidating the longs at ~92 and ~91.5 levels. As usual we will present both cases. We are slightly biased to the downside next week as the...