Algo Traders
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My EAs support channel + Technical and Fundamental Analyisis and Trading Signals. Cantact me: @robo_ea
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🌐 Important News in the Forex Market - Wednesday, January 17, 2024

Economic Calendar

⭐️⭐️⭐️ UK Consumer Price Index (CPI)
- CPI (YoY) (Dec) 🇬🇧

This data measures changes in the prices of goods and services from the consumer's perspective. In the past year, this data has shown a decreasing trend for the UK, dropping from 10.5 to 3.9. It is predicted that the data will be lower than the previous figure, leading to Pound weakness.

⭐️⭐️⭐️ Eurozone Consumer Price Index (CPI)
- CPI (YoY) (Dec) 🇪🇺

For the Eurozone, we have the Consumer Price Index data, which has dropped from 9.7 to 2.4 in the past year. There is a likelihood that the data will be lower than the previous figure.

⭐️⭐️⭐️ US Retail Sales
- Retail Sales (MoM) (Dec) 🇺🇸

For the US Dollar, Retail Sales data is significant. Based on recent data, it is expected that the figure will be higher than the previous one, exerting a positive impact on the US Dollar. The same possibility exists for Core Retail Sales data.

#News #Forex
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Fusion Forex Insights

📈 Key Technical Levels for Gold - January 17, 2024

🔸
- 2055
- 2045
- 2033

▪️
- 2018

🔹
- 2015
- 2004
- 1997

✍️ The most crucial range for Gold on January 17, 2024, is around $2035. As long as Gold stays below this range, the sentiment tends to favor Gold bears. Currently trading around $2020, the immediate support is at $2015, and the significant support for the day on an intraday basis is the $2000 range. From a calendar perspective, central bank members' speeches hold potential importance for the day.

(🔸Resistance 🔹Support ▪️Current Price)

#GOLD
Hello Dear Traders;

⚡️⚡️⚡️Market Forecast for London Session 17 Jan 2024, Signals are based on High Probability and Wining Rate.⚡️⚡️⚡️

1. GOLD, Strong Sell Potential

2. AUD/USD, Strong Sell Potential

3. NZD/USD, Strong Sell Potential

4. GBP/AUD, Strong Buy Potential (due to GBP CPI news of today)

5. GBP/JPY, Strong Buy Potential (due to GBP CPI news of today)

Trading involves a possibility of losing money therefore all decisions in market speculation are undertaken at your own financial risk.
Hello Dear traders;
🤑🤑🤑
The overall analysis for today resulted in a fascinating trade on USD pairs and GOLD. Combination of fundamental and technical analysis makes such results as above.
Algo Traders pinned «⚠️ FTMO Challenge Passed ⚠️ Read the following post if you want to get detailed information about the recent FTMO challenge that I have passed. https://www.mql5.com/en/blogs/post/755580»
Algo Traders pinned «⚠️FTMO feedback on the trading challenge that I have passed⚠️ FTMO - Support <support@ftmo.com> 3:50 AM (1 hour ago) to me We are sending you Account Analysis of your account: 1052104296. Congratulations! Trading Objectives have been passed. Your trading…»
Algo Traders pinned «⚠️Posted a detailed description about the FTMO challenged passed last week⚠️ Read this post in MQL5 website with the following link. https://www.mql5.com/en/blogs/post/755382»
📈 Technical Highlights for Gold - January 25, 2024

🔸 Resistance:
- 2029
- 2020

▪️ *Current Price**
- 2015

🔹 Support Levels:
- 2010
- 2003
- 1993

✍🏻 The resistance at 2035 is proving to be a strong barrier against the rise in the price of gold. Given the positive economic data from the United States, and assuming there are no significant geopolitical events, the resistance levels present a suitable opportunity for selling gold. The current pattern suggests a target of $1995.

(🔸Resistance 🔹Support ▪️Current Price)

#GOLD
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The myfxbook signal of the EA will be sent in the cahannel soon
⭐️⭐️⭐️ Live Trading Results of Zenith Zone Bot ⭐️⭐️⭐️

Lets get to details of trading statistics and performance ...

Here are comprehensive data of live trading results.
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