With brexit being delayed, looking at the current state of financial releases for eur, + the price it has been pushed to a EUR short across the board, is in my opinion a good choice. those holding brexit based positions will be looking to exit their trades and those who have avoided trading brexit will enter the market, and with the current price of the market...
With the brexit deadlines approaching and the EU being in a stronger position a long position here seems favourable. also with the area the price is currently in is a good level to buy in at from a risk reward standpoint. Candles recently showing long wicks potentially signalling a reversal.
Fundamentals are very strong for the AUD currently, with USD being slightly weak. Technicals at a good position to long both in terms of it being in a buy zone with a good long wick candle pointing towards a reversal
AUDUSD is set up fundamentally to be a bullish trend, with AUD scored at +20 and USD at -20. On top of Technical Analysis Support that points towards a good limit order opportunity. the Risk reward on this opportunity is also very strong. the choice is to either have a limit order or wait for confirmation of resistance off this trend line
NZD Fundamental score at -14, coupled with it being in a area where sellers are expected makes it a reasonable place to enter short a long with recent resistance shown around this area
Candlestick formation is looking favorable for a short on this pair while being at a price that makes a short trade viable in terms of risk reward potential. Eur Fundamentals recently have been bad while canada has been shifting towards neutral
JPY fundamental scores have been weak for a while now and there's recently been a few positive pieces of news released indicating a shift, while the EUR has been showing signs of weakness. on top of all this the technical levels make taking a short here likely to be a good trade.
