The Seasonality of AUDUSD is showing average 50/50 the Aussie will out performe the USD during October, during this moth if the sentiment will shift to a less hawkish #Fed and traders start to price rate cutt by the US central bank. The AUD could surge up to 5% vs the #usd.
During the past 10 years AUDUSD performance was like this
Gains
5 gaining Oct in 10yr, Average Profit +1.87% and Max Profit +3.53%
Losses
5 lossing Oct in 10yr, Average Loss -1.65% and Max Loss -2.41%
See the full data on this link:
https://twitter.com/fxhomelander/status/1708443932537889041
During the past 10 years AUDUSD performance was like this
Gains
5 gaining Oct in 10yr, Average Profit +1.87% and Max Profit +3.53%
Losses
5 lossing Oct in 10yr, Average Loss -1.65% and Max Loss -2.41%
See the full data on this link:
https://twitter.com/fxhomelander/status/1708443932537889041
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