Forex And Commodity Seasonality For October

Here are the historical tendencies for forex pairs and commodities in the month of October. Statistics include how often the prices rise or fall, and by how much, on average.

AUDUSD:

The AUDUSD has risen in 13 out of the last 20 years (65%). The average gain is 0.7%.

The Australian Dollar ETF (FXA) has risen in 9 of the last 11 years (82%), moving higher by an average of 0.8%

AUDUSD seasonality October

USDCAD: The USDCAD has risen in 13 out of the last 20 years (65%). The average gain is 0.4%.

The Canadian Dollar ETF (FXC) has fallen 7 of the last 11 years (64%), dropping on average by -0.4%.

USDCAD seasonality October

Commodity Futures Seasonality For October

Gold (GC) tends to be weak in October. It has fallen 13 out of the last 20 years (65%) and has moved down by -1.3% on average. Shorter-term it has fared slightly better as the ETF statistic shows.

The SPDR Gold Shares (GLD) has moved up 50% of the time over the last 12 years, losing -0.2% on average.

gold seasonality October

Natural Gas (NG) tends to be strong in October. It rallied 14 out of the last 20 years (70%) and has moved up by 6.5% on average.

The United States Natural Gas Fund (UNG) hasn’t fared as well recently, dropping 70% of the time over the last 10 years and losing -4.7% on average.

 natural gas seasonality October

Crude Oil (CL) tends to be weak in October. It dropped 13 out of the last 20 years (65%) and has declined by -3.1% on average.

The United States Oil Fund (USO) has dropped 55% of the time over the last 11 years, losing -2.1% on average.

oil seasonality October

Disclosure: The author doesn’t have positions in these stocks currently, but may initiate positions if the stock prices slide a bit lower.

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