The beginning of the month guarantees a revision of the seasonal patterns that have somehow affected the foreign exchange markets in the past few years.
In February, we focus on the next five years and ten years of performances. With this comparison, you can see how trade has been dominated ever since the government increased the deficits during the 2008/2009 global financial crisis. So, let’s get into the discussion about forex seasonality for April.
Forex seasonality in British Pound (GBP/USD)
April is a very strong season for GBP / USD in seasonal terms. For the last five years, it was the fourth-best month of the year for the couple, with an average profit of + 0.61%. Furthermore, it has been the best month of the whole year for the last ten years with a recorded average of around + 1.33%.
Forex seasonality in Japanese Yen (USD/JPY)
April is a seasonally a month which is a mixture of USD / JPY. For the last five years, it was the fourth-best month of the year for the couple, with an average profit of + 0.37%. On the other hand, it was the second-worst month of the year in the previous ten years, having an average loss of -0.54%.
Forex seasonality in Australian Dollar (AUD/USD)
April is a strong month for AUD / USD seasonally. For the last five years, it was the third-best month of the year for the couple, with an average profit of + 0.66%. Conversely, it was the second-worst month of the year in the last ten years with an average profit of + 0.71%.
Forex seasonality in New Zealand Dollar (NZD/USD)
April is yet the seasonal mixture month of pairs: NZD / USD. It was the 5th worst month in the previous five years with an average loss of around -0.26%. On the other hand, it was the third-worst month of the year in the last ten years with an average profit of + 0.34%.
Forex seasonality in Canadian Dollars (USD/CAD)
April is the seasonal bearish month for the trading pair USD / CAD. Over the last five years, this is the 6th worst month of the whole year, having a recorded average loss of -0.13%. It was also recorded as the 10th worst month in the last ten years, with an average loss of -1.18%.
Forex seasonality in Seiss France (USD/CHF)
April is a seasonal month which is a mix of USD / CHF. For the last five years, it was the fourth-best month of the year for the couple, with an average profit of + 0.54%. On the other hand, it was the fourth worst month of the year in the last ten years, with an average loss of -0.37%.
Forex seasonality in Gold (XAU / USD)
April is the bullish month for gold (XAU / USD). For the last five years, it was the fifth-best month of the year for the precious metal with an average profit of + 2.12%. In addition, it was the fifth-best month of the year for the last ten years with an average of + 0.84%.
