Forex Trading Sessions and Currency Pairs Volatility
Trading in the global forex market starts from 5:00 pm EST Sunday - 4:00 EST Friday
Volatile
European Trading Session
7:00 GMT - 16:00 GMT
Most volatile currency pairs during this period:
GBP/USD
USD/CHF
GBP/JPY
GBP/CHF
Good volatility can be very good for short term trading, but the risk is also magnified. These
currencies have an average daily range of up to 140 pips during the European trading session. London happens to be
the most important FX dealing center in the world. The market gets real busy when London opens, especially when it
overlaps with the New York session 8:00 am EST - 12 noon EST.
U.S Trading Session (New York)
12:00 - 22:00 GMT
Slows down after the afternoon trading period, but still at its most active 8: 00am EST to Noon
EST, with an average daily range of 120 pips for the following currency pairs:
GBP/USD
USD/CHF
GBP/JPY
GBP/CHF
Still a good time for short term trading when busy. New York is also the second largest forex
market place.
Mixed Volatility
Asia Trading Session
23:00 - 8:00 GMT
Can be volatile at times and still good for day trading, with the following currency pairs
having the widest range in pips movement:
USD/JPY
GBP/CHF
GBP/JPY
Less Volatility
Asia / European Overlaps
2:00 am EST - 4:00 am EST
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