Why This Breakout Feels Like $29K and $48K – Big Moves Ahead?🤔📊 Why This Breakout Feels Like $29K and $48K – Big Moves Ahead? 🚀📈
Hey everyone! It’s Saturday, July 12th , and while the markets take a breather, it’s the perfect moment to zoom out and assess the bigger picture . Are we in for another retail weekend surge?
Let’s break it down 🔍👇
After closely analyzing the charts, one thing becomes clear — this breakout is structurally similar to the previous key breakouts at $29K and $48K. In both historical cases, price surged significantly without immediately retesting the breakout level.
➡️ Back in 2020, price exploded +144% above the yellow level before ever coming back to test it.
➡️ At $48K, a similar move of +49% occurred before signs of exhaustion and a retest emerged.
Fast forward to today: We've just broken above a massive ascending support zone — $114,921–$115K — and the market shows no intention of pulling back yet. This tells us something powerful: Momentum is in control.
💡 According to my technical roadmap, we may not see a retest of $115K anytime soon. Instead, the next target zone lies around $182K–$189K, depending on velocity and sentiment. With halving-to-ATH cycles historically lasting ~550 days, we’re well within that bullish window.
Remember the channel support/last entry right after the Iran-Israel ceasefire on June 23rd? That’s been a defining entry and it’s still playing out beautifully. So we wish for geopolitical stability and peace.
So, while it’s easy to feel left out — don’t short, don’t sulk. This may be our moment to ride the wave long. 🎯📉📈
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
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This verse isn’t just spiritual—it’s strategic.
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Let this be your reminder: You’re not stuck—you’re being positioned. 💡🙌
New Week on Gold! Will the Bullishness continue?I was bullish on gold and price ended up doing as expected last week and looking for it to continue this week. But i have to sit on hands for now to see how they want to play Monday. Will they move to create a Low for the week first? or will they break out to start early on new highs? I have to see some type of confirmation first. Then we can get active.
NASDAQ: Time For A Pullback?In this Weekly Market Forecast, we will analyze the NASDAQ for the week of July 14 - 18th.
The NASDAQ had a strong week, until Tariff Tensions Friday arrived.
This by itself doesn't mean we should start looking for sells. Just like the S&P 500, I'm expecting short term bearishness, as price goes from ERL to IRL.
With Tuesday CPI Data coming, this short term consolidation is to be expected until the news is announced.
Let the markets pick a direction, and flow with it.
Have a plan of action in place so you can react to the price action promptly!
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Dollar Index Seems BullishFrom the previous week candle we see that Dollar Index has closed bullish. And in this scenario we can expect Dxy to go further higher. It has hit the previous week high and touched supply zone residing above. The two possibilities have shown in the chart are
1: After touching supply zone we expect to have deeper pullback.
2: It will have short retracement and then continues hgiher.
S&P 500: Time For A Pullback??
In this Weekly Market Forecast, we will analyze the S&P 500 for the week of July 14 - 18th.
The S&P 500 had a strong week, until Tariff Tensions Friday arrived.
This by itself doesn't mean we should start looking for sells. With Tuesday CPI Data coming, this short term consolidation is to be expected until the news is announced.
Let the markets pick a direction, and flow with it.
Have a plan of action in place so you can react to the price action promptly!
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
AUDUSD Cautiously Bullish As US PI Data Looms This is the Weekly FOREX Forecast for the week of July 14 - 18th.
In this video, we will analyze the following FX market: AUDUSD
The AUDUSD has been grinding higher for weeks. Only Friday closed with a hint of a pullback starting. The RBA is looking for the US CPI Data to post. If the inflation numbers are a bit hot, this will strengthen the USD against the AUD. A soft CPI should see the market pricing back in higher chances of a third cut by year-end and weigh on the US dollar.
We'll see how the market reacts on Tuesday.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
USD Strengthens Against GBP With New Tariff AnnouncementsThis is the Weekly FOREX Forecast for the week of July 14 - 18th.
In this video, we will analyze the following FX market: GBPUSD
The latest headlines tell the story. The tariffs are triggering a slow run to the USD safe haven. The previous week showed the USD Index closed pretty strong, while GBPUSD weakened.
There's a good chance we'll see more of the same this coming week.
Look for the strength in USD to continue to be supported by fundamental news, and outperform the other major currencies, including the GBP.
Buy USD/xxx
Sell xxx/USD
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
EURUSD Weakened By New Tariff Tensions With US This is the Weekly FOREX Forecast for the week of July 14 - 18th.
In this video, we will analyze the following FX market: EURSUD
The latest headlines tell the story. The tariffs are triggering a slow run to the USD safe haven. The previous week showed the USD Index closed pretty strong. There's a good chance we'll see more of the same this coming week.
Look for the strength in USD to continue to be supported by fundamental news, and outperform the other major currencies, including the EURO.
Buy USD/xxx
Sell xxx/USD
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Week of 7/13/25: AUDUSD AnalysisLast week pushed bullish and demand is still in control on all time frames, so we are going to follow bullish order flow.
Looking for bottom liquidity to be taken in the local range before getting in on a long.
Major News:
Tuesday - CPI
Wednesday - PPI
Thursday - Unemployment
Tariff Wars Pushing USD HigherThis is the Weekly FOREX Forecast for the week of July 14 - 18th.
In this video, we will analyze the following FX market: USD Index
The latest headlines tell the story. The tariffs are triggering a slow run to the USD safe haven, but the inflows from investors are moving the needle. The previous week closed strong, with buyers in control. There's a good chance we'll see more of the same this coming week.
Look for the strength in USD to continue to be supported by fundamental news, and outperform the other major currencies.
Buy USDxxx
Sell xxxUSD
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.