![]() ![]() To confuse things ever so slightly, due to the observation of daylight saving hours, the Forex session times vary with the seasons depending on where you are. But first, let's look at the open and close times of each of the sessions which make up the Forex trading day. In the coming sections, we will examine the three most important Forex sessions and the best times at which to trade them in more detail. Certain times of the day are more active than others and it is important to keep track of these. The pattern then tends to follow that, as one major Forex market approaches its close, another one opens. The trading day actually begins each weekday in New Zealand, although it is the city of Sydney which lends its name to the first Forex session. The four major Forex trading sessions are as follows: If you are looking at the best time to trade Forex, it is important to understand the different trading sessions and the impact they can have on trading. ![]() Forex market hours are based on when trading is open in participating countries.įorex trading times can be broken up into four main trading sessions, the name for each of which is taken from the city with the major financial hub in the relevant region. The international currency market is not actually dominated by a single market exchange but, instead, entails a global network of exchanges and brokers throughout the world. The Forex market is open 24 hours a day, five days a week and is made up of a vast array of participants, including central banks, hedge funds, investment management firms, retail Forex brokers and investors from all over the world. ![]()
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