The post Eco Data 12/26/22 appeared first on Action Forex.
Copper futures (HG #F) continue to trade within a bullish Elliott Wave structure, with price maintaining an incomplete three-swing sequence from the 6.2820 low. The current rally remains constructive, suggesting buyers are still in control. Read more…
Key Highlights Gold started a fresh increase above the $4,200 region. It surpassed a major contracting triangle with resistance at $4,090 on the 4-hour chart. WTI Crude Oil started a fresh decline and traded below Read more…
San Francisco Fed President Mary Daly said there are growing reasons to believe inflation will moderate without additional monetary tightening, arguing that businesses are finding it increasingly difficult to pass higher costs on to consumers. Read more…