NZD / JPY

Methodology: This Forex seasonal is synthesised from two underlying CME futures seasonal datasets. The NZDJPY directional bias is derived by combining the New Zealand Dollar CME futures seasonal tendency (direct — NZD is the base currency) with the inverse of the Japanese Yen CME futures seasonal tendency (JPY is the quote currency — inverted, since JPY strength means fewer JPY per unit of NZD). April and August feature the calendar's cleanest resolving double-alignment windows, as JPY repeatedly declines from its own historic flip points to confirm NZD's rallies. September stages the defining collision — NZD's own secondary flip collides with JPY's single highest-conviction short of its entire year — while December closes the year as a genuine stand-off between both currencies' strong, oppositely-aimed seasonal year-end moves.