March seasonals offered a great clue for what would possibly occur within the month.
For starters, March is the second-strongest month for USD/JPY and that was tailwind because the pair rose to the 152.00 stage after an early-month dip on BOJ tightening stories.
In March I wrote:
The true commerce could also be organising for April power, which might coincide with stronger indicators of central financial institution easing.
What are these April traits?
- Greatest month of the 12 months for cable
- April is the strongest month for the S&P 500 and Nasdaq Comp
- Additionally the strongest month for the MSCI World Index
- Greatest month of the 12 months for the DAX
- For oil. the April-June interval is the strongest of the 12 months
- Copper seasonals stay robust by means of April
- It is the strongest month (by far) for AUD/USD and AUD/JPY
- Second finest month of the 12 months for EUR/USD
- Second finest month for the Shanghai Comp
- Drilling down additional, the interval of April 5-18 has traditionally been strongest
Some assist for AUD/USD from assist close by and seasonals?
AUDUSD each day
