AUD/USD intraday seasonality overview, 2003-2010

Source: forexautomaton.com

A notable stable effect on the hour scale in AUD/USD is mean-reversion dominance during the morning hours of the Asia-Pacific trading session. Qualitatively this is common to all exchange rates studied in this set of reports so far, but qunatitatively, the 1-hour negative autocorrelation is very strong in AUD/USD. The pattern of residual non-zero average hourly returns in AUD/USD in 2003-2010 is similar to AUD/JPY.


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