April seasons: Wet weather, sizzling markets
March seasons provided a good clue as to what might happen in the month.
To start, March was the second-strongest month for USD/JPY, a headwind as the pair rose to the 152.00 level following BOJ tightening reports earlier in the month.
I wrote the following in March:
Real trade may be poised to strengthen in April, which could coincide with stronger signs of central bank easing.
What are the trends for April?
- The best month of the year for cable
- April is the strongest month for S&P 500 and Nasdaq Comp
- Also the strongest month for the MSCI World Index
- The best month of the year for DAX
- For oil. April to June is the strongest period of the year
- Copper seasonality remains strong through April
- Strongest month (by far) for AUD/USD and AUD/JPY
- Second best month of the year for EUR/USD
- Second best month for Shanghai Comp
- When examined in more detail, the period of April 5-18 appears to be the strongest period historically
Want help for AUD/USD from nearby supports and seasonals?