Trading sessions
Follow the sun
Forex runs 24 hours on weekdays, from Sunday evening to Friday evening (UTC), through four sessions: Sydney, Tokyo, London and New York. London is the busiest. The London and New York overlap (roughly 13:00 to 17:00 UTC) usually brings the most volume and the biggest moves.
Which pairs wake up when
Pairs move most when their home markets are open: JPY, AUD and NZD pairs during Asian hours, EUR, GBP and CHF pairs in London, USD and CAD pairs in New York. Asian hours are often quiet, and London often breaks out of the range set overnight.
Test yourself
Which session overlap is usually the most active?
London and New YorkTwo of the biggest centers trading at once means the most volume.
Why do many traders mark the Asian session range?
London often pushes through its high or lowThe quiet Asian range leaves an obvious high and low that London often breaks.
When is the forex market closed?
WeekendsIt runs Sunday evening to Friday evening (UTC).
When is AUD/JPY likely to be most active?
During Asian hoursBoth the Australian and Japanese markets are open in Asian hours.
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