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March seasonals supplied clue for what may 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 degree after an early-month dip on BOJ tightening experiences.
In March I wrote:
The actual commerce could also be organising for April energy, which might coincide with stronger indicators of central financial institution easing.
What are these April tendencies?
- Finest 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
- Finest month of the 12 months for the DAX
- For oil. the April-June interval is the strongest of the 12 months
- Copper seasonals stay sturdy 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 help close by and seasonals?
AUDUSD day by day
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