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  1. Mar 4, 2019 · The 24-hour forex market is comprised of 3 major trading sessions: Asian, New York and London sessions. ... Tokyo is the first forex session to open, and many large participants use the trade ...

    • Analyst
  2. The forex market closed on Friday at 5:00 pm ET. What are the forex market sessions? There are four trading sessions in the forex market: Sydney is open from 9:00 pm to 6:00 am UTC. Tokyo is open from 12:00 am to 9:00 am UTC. London is open from 7:00 am to 4:00 pm UTC. New York is open from 1:00 pm to 10:00 pm UTC.

  3. The Forex market is open 24 hours a day, five days a week! 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. Consequently, Forex market hours are based on when trading is open in participating countries.

  4. Apr 5, 2024 · With a considerable gap between the close of the U.S. markets and the open of Asian trading, a lull in liquidity sets the close of New York trading at 10 p.m. GMT as the North American session closes.

    • John Kicklighter
    • 2 min
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  6. Lunch session (or lunch hour): 12pm – 1pm EST. Afternoon session: 1pm – 4pm EST. Most of the action happens during the morning session. Technically, the New York afternoon session doesn’t really end until 5pm EST, but trading activity typically dies when the U.S. stock market closes which is 4pm so it’s not really safe to trade beyond ...

  7. Also take notice that in between each forex trading session, there is a period of time where two sessions are open at the same time. For example, during the summer, from 3:00-4:00 AM ET, the Tokyo session and London session overlap. And during both summer and winter from 8:00 AM-12:00 PM ET, the London session and the New York session overlap.

  8. Nov 5, 2023 · In conclusion, the New York session is a highly active and volatile trading session in the forex market. Traders should focus on currency pairs that are influenced by economic data releases and events during this session. The EUR/USD, GBP/USD, USD/JPY, AUD/USD, USD/CAD, and USD/CHF are some of the currency pairs that traders should consider ...