The Forex market operates 24 hours a day, allowing traders to choose the most active trading periods for their currency pairs. Understanding these periods is key to maximizing profitability.

Trading sessions refer to the time when financial markets are open. These sessions overlap or follow one another, giving traders the flexibility to trade at their convenience. Each session influences the market differently, depending on the activity level in specific regions.

For instance, less activity is observed during the quieter periods after the New York session closes and before the Tokyo session opens, while the Sydney session operates at modest levels. For currency pairs like EUR/USD, GBP/USD, or USD/CHF, the highest activity occurs during overlapping sessions of Europe and the United States.

Region City Open (GMT) Close (GMT)
Asia
Tokyo
Hong Kong
12:00 am
01:00 am
09:00 am
10:00 am
Europe
Frankfurt
London
07:00 am
08:00 am
04:00 pm
05:00 pm
America
New York
Chicago
01:00 pm
02:00 pm
10:00 pm
11:00 pm
Pacific
Wellington
Sydney
10:00 pm
10:00 pm
06:00 am
07:00 am
  • Asian Session

    This session involves active trading with pairs such as USD/JPY, EUR/JPY, EUR/USD, and AUD/USD. It offers steady opportunities for traders focused on these regions.

  • European Session

    The European session sees significant activity, with high volatility in currency pairs like EUR, GBP, and USD. The London market drives major movements during this time.

  • US Session

    The American session is known for its aggressive trading style, with heightened activity in USD, EUR, GBP, AUD, and JPY. Fridays often bring increased volatility.