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Market Outlook & Analysis by Bulls Capital Markets

NZD/USD : Momentum indicators are consistently in the bearish mode suggesting us that any rallies should be considered as an opportunity to sell. The near term shorting opportunities are at 0.6940/7010.

EUR/USD :Quite an a up/down beat in the pair, we turn our angles to the candle stick to interpret its language. Analyzing the candle stick with a frequency of 5 days shows us that the market is cautious in its optimism.

XAU/USD : . We can say that Gold is range playing while selling at 1205 and going long at 1185 with a tight S/L will bag in some $$. Moving averages have flattened out while the MACD and RSI leaves an empty room of mixed situations.

Monday, 22 Jun, 2015 / 12:10

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Source : https://www.bullscapitalmarkets.com/forex-daily-newsletter/free-forex-signals.php

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