July Seasonality Patterns For Index, Metals and Forex

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Seasonality can be a useful tool if used wisely (and in context) with current sentiment and news flows. Seasonality really is a backwards looking indicator that can easily be overpowered by key macro drivers. But its strength comes in to play when seasonality aligns with the macro landscape.

With that in mind, I share my seasonality matrix for indices, metals and USD FX pairs to highlight potential patterns for July, then wrap up with an update on my Nasdaq 100 analysis.

Matt Simpson, Market Analyst at City Index and Forex.com.

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