There is a strong seasonal bias for the NZDJPY coming up. Over the last 10 years the NZDJPY has lost value every single time between July 14 and Aug 24. In fact, the maximum gain within this time period has only ever been 1.75% (in 2020).
Instrument: EURUSD Percent move of instrument: -0.18% Winning trade percentage: 36.67% Start of seasonal pattern: US CPI release End of seasonal pattern: 2 days after The US Consumer Price Index (CPI) print is crucial for FX markets because it serves as a key indicator…
Instrument: Nasdaq
Percent move of instrument: 3.11%
Winning trade percentage: 80%
Start of seasonal pattern: July 10
End of seasonal pattern: July 31
Instrument: EURUSD Percent move of instrument: -10.07% Winning trade percentage: N/A Start of seasonal pattern: NFP release End of seasonal pattern: End of day on NFP release On Friday we have the US non-farm payroll is print and markets are looking for reasons to…
Start of seasonal pattern: July 07 End of seasonal pattern: July 29 Marine Le Pen’s National Rally took the most votes of all the parties with the first round of voting on Sunday seeing them capture 33.2% of the vote. The…
Intel’s share prices have been losing out to red hot gains in Nvidia. According to Bloomberg Intel’s sales are projected to end 2024 with $20 billion less revenue than it had in 2021.
Stock markets often exhibit a phenomenon known as the "turn of the month effect," where returns tend to be higher around the turn of the month compared to other periods. The first few days of the third quarter (Q3) often see increased market activity too.
Seasonax’s screener function is great for highlighting interesting seasonal patterns ahead. By screening the Dow Jones Industrial Average from June 17 over the next 31-60 days we can see that there are number of stocks returned.
GameStop shares have hit the headlines again as GameStop options had their most active session since 2021 on Friday of last week. The shares saw heavy volatility last week as the famous meme stock influencer, Keith Gill, released an enigmatic post on twitter.
On Wednesday the US CPI data is released. The EURUSD has been weighed down this week on the strong NFP print from Friday, with the headline jobs number coming in above the 12 month average, and the weekend results from the European Parliamentary elections.
