Check historical price trends and seasonality for AUDCAD (AUDCAD=X).
AUDCAD (AUDCAD=X) average YTD return over the past 10 years is -0.89%.
Over the past 10 years, the return for the specified period (Jan 18 for 60 days) is +0.54%.
4 wins 4 losses with a win rate of 50.00%.
1) Overview:
The AUDCAD pair exhibits a generally bearish tendency throughout the year, with a few brief periods of consolidation. The most significant downward pressure appears in October, culminating around October 17 with an average decline of -2.7%. The pair experiences a slight bullish phase around March 11, showing an average increase of +0.2%. The year typically concludes with a minor dip, reaching -1.0% by December 31.
2) Buy-the-dip points:
Given the overall bearish trend, potential buying opportunities arise during periods of significant pullback. The most notable dip occurs around October 17, presenting a chance to capitalize on the -2.7% decline. Another, albeit smaller, buying opportunity may present itself around December 31, when the pair typically declines by -1.0%. The slight bullish movement around March 11, with a +0.2% increase, could also be considered a minor buying opportunity.
3) Summary:
Based on the 10-year average seasonality, a strategic approach to AUDCAD would involve capitalizing on bearish trends. Consider entering long positions around October 17 to take advantage of the -2.7% dip, or near December 31 when the pair declines by -1.0%. However, always consider broader market conditions and risk management strategies before making any investment decisions.
| Year | Start Date | Start Price | End Date | End Price | Return | Rate (%) |
|---|---|---|---|---|---|---|
| 2024 | 2024-01-18 | 0.8845 | 2024-03-17 | 0.8902 | 0.0057 | 0.64 |
| 2023 | 2023-01-18 | 0.9357 | 2023-03-18 | 0.9141 | -0.0216 | -2.31 |
| 2022 | 2022-01-18 | 0.9021 | 2022-03-18 | 0.9324 | 0.0303 | 3.36 |
| 2021 | 2021-01-18 | 0.9814 | 2021-03-18 | 0.9676 | -0.0138 | -1.41 |
| 2019 | 2019-01-18 | 0.9549 | 2019-03-18 | 0.9450 | -0.0099 | -1.04 |
| 2018 | 2018-01-18 | 0.9915 | 2018-03-18 | 1.0161 | 0.0246 | 2.48 |
| 2017 | 2017-01-18 | 0.9862 | 2017-03-18 | 1.0216 | 0.0354 | 3.59 |
| 2016 | 2016-01-18 | 0.9998 | 2016-03-17 | 0.9895 | -0.0103 | -1.03 |
| Avg | 0.9545 | 0.9596 | 0.01 | 0.54 |
| Day \ Month | Jan Total -0.27% | Feb Total -0.12% | Mar Total +0.01% | Apr Total -0.59% | May Total -0.62% | Jun Total +0.03% | Jul Total +0.24% | Aug Total -0.21% | Sep Total +0.01% | Oct Total +0.02% | Nov Total +0.69% | Dec Total +0.12% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Avg -0.08% | 0.00% | -0.29% | -0.17% | -0.17% | -0.21% | +0.09% | +0.02% | +0.08% | -0.06% | -0.09% | +0.06% | -0.16% |
| 2 Avg +0.01% | -0.10% | +0.21% | -0.02% | -0.05% | +0.03% | +0.01% | 0.00% | -0.22% | +0.07% | -0.10% | +0.25% | -0.01% |
| 3 Avg -0.05% | -0.22% | -0.08% | +0.04% | -0.33% | +0.18% | +0.23% | -0.04% | -0.19% | -0.13% | +0.01% | -0.19% | +0.16% |
| 4 Avg +0.04% | 0.00% | -0.06% | +0.33% | +0.30% | -0.18% | -0.01% | -0.06% | +0.07% | +0.03% | -0.03% | +0.15% | -0.01% |
| 5 Avg 0.00% | -0.11% | -0.03% | +0.07% | -0.03% | +0.29% | +0.16% | -0.02% | +0.05% | -0.11% | -0.03% | -0.13% | -0.14% |
| 6 Avg +0.03% | +0.03% | +0.04% | +0.24% | -0.06% | -0.03% | +0.10% | +0.08% | -0.03% | +0.07% | +0.07% | +0.14% | -0.33% |
| 7 Avg -0.04% | -0.09% | -0.16% | +0.10% | -0.35% | +0.02% | +0.07% | +0.11% | +0.19% | -0.18% | -0.17% | +0.03% | -0.05% |
| 8 Avg +0.01% | -0.27% | +0.08% | -0.08% | -0.11% | -0.07% | +0.09% | +0.02% | +0.19% | +0.12% | -0.15% | +0.18% | +0.11% |
| 9 Avg +0.04% | +0.09% | +0.01% | +0.12% | +0.13% | -0.17% | +0.06% | +0.03% | +0.11% | -0.02% | -0.01% | -0.03% | +0.11% |
| 10 Avg -0.05% | -0.06% | -0.10% | 0.00% | +0.30% | -0.17% | -0.23% | +0.03% | -0.14% | -0.05% | +0.03% | -0.23% | 0.00% |
| 11 Avg +0.02% | +0.10% | +0.11% | +0.03% | -0.23% | +0.07% | -0.01% | +0.11% | +0.04% | +0.07% | -0.08% | +0.03% | -0.02% |
| 12 Avg +0.01% | +0.20% | +0.14% | +0.08% | -0.08% | -0.07% | -0.06% | 0.00% | -0.16% | +0.03% | +0.09% | 0.00% | +0.01% |
| 13 Avg -0.01% | +0.22% | -0.06% | -0.17% | +0.11% | -0.34% | -0.09% | +0.14% | -0.05% | +0.20% | -0.15% | -0.14% | +0.16% |
| 14 Avg +0.04% | +0.01% | -0.06% | +0.04% | +0.22% | +0.19% | -0.17% | +0.01% | +0.01% | -0.15% | -0.01% | +0.13% | +0.31% |
| 15 Avg +0.02% | +0.06% | +0.10% | -0.16% | +0.22% | -0.09% | +0.03% | +0.23% | -0.23% | +0.01% | -0.10% | +0.15% | +0.02% |
| 16 Avg +0.00% | +0.07% | +0.02% | -0.38% | +0.12% | 0.00% | +0.36% | -0.03% | +0.07% | -0.01% | -0.06% | +0.04% | -0.18% |
| 17 Avg -0.06% | -0.16% | +0.06% | +0.03% | -0.15% | -0.14% | -0.05% | -0.03% | +0.08% | 0.00% | -0.17% | -0.14% | -0.03% |
| 18 Avg +0.01% | -0.03% | -0.06% | +0.19% | +0.05% | +0.04% | 0.00% | -0.07% | -0.21% | +0.05% | +0.29% | -0.14% | 0.00% |
| 19 Avg -0.01% | +0.10% | +0.01% | -0.23% | -0.03% | -0.03% | +0.05% | +0.07% | -0.03% | +0.10% | +0.01% | +0.02% | -0.13% |
| 20 Avg +0.05% | +0.21% | +0.01% | 0.00% | +0.02% | +0.22% | -0.19% | +0.06% | 0.00% | +0.09% | +0.11% | +0.06% | 0.00% |
| 21 Avg +0.00% | -0.11% | +0.12% | -0.05% | +0.12% | +0.02% | -0.09% | -0.07% | +0.02% | +0.15% | +0.04% | -0.09% | -0.02% |
| 22 Avg -0.05% | +0.02% | +0.02% | -0.13% | -0.09% | -0.08% | -0.12% | +0.10% | -0.02% | -0.28% | 0.00% | -0.11% | +0.11% |
| 23 Avg +0.01% | +0.10% | +0.21% | +0.07% | -0.15% | +0.02% | -0.10% | -0.02% | -0.07% | -0.04% | -0.03% | +0.06% | +0.11% |
| 24 Avg +0.01% | +0.03% | -0.10% | +0.06% | +0.09% | 0.00% | +0.17% | -0.21% | -0.15% | -0.08% | +0.10% | +0.14% | +0.03% |
| 25 Avg -0.01% | -0.16% | -0.06% | +0.09% | -0.10% | -0.04% | +0.07% | -0.03% | -0.02% | +0.12% | -0.11% | +0.12% | -0.02% |
| 26 Avg -0.04% | 0.00% | -0.05% | -0.22% | -0.08% | -0.07% | -0.03% | +0.05% | +0.12% | -0.28% | +0.16% | -0.04% | +0.01% |
| 27 Avg +0.03% | -0.13% | -0.17% | +0.13% | -0.01% | +0.01% | 0.00% | -0.03% | +0.14% | +0.14% | +0.29% | -0.01% | +0.02% |
| 28 Avg -0.06% | -0.13% | +0.02% | -0.14% | -0.25% | -0.05% | -0.17% | +0.03% | 0.00% | -0.11% | -0.12% | +0.13% | +0.04% |
| 29 Avg +0.02% | +0.10% | - | +0.05% | +0.07% | +0.06% | -0.18% | -0.11% | -0.04% | +0.11% | +0.05% | +0.11% | -0.01% |
| 30 Avg +0.06% | +0.04% | - | +0.14% | -0.07% | +0.01% | +0.04% | +0.02% | +0.13% | +0.16% | +0.01% | +0.15% | +0.05% |
| 31 Avg 0.00% | -0.09% | - | -0.03% | - | -0.03% | - | -0.16% | +0.06% | - | +0.21% | - | -0.01% |
| Rank | Stock | Avg Return (%) | Wins | Losses |
|---|
