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  1. Jan 31, 2022 · The Bottom Line. Six popular currency pairs offer euro traders a wide variety of short- and long-term opportunities. The best times to trade these instruments coincide with key economic releases ...

    • Alan Farley
  2. Jan 10, 2022 · Ideal Times to Day Trade EUR/USD. Most Active Hours of the Day for EURUSD (GMT). Mataf.net. 0700 to 2000 GMT are acceptable hours for day trading the EUR/USD because there is an adequate movement to extract a profit and cover spread and commission costs. You ideally want to day trade the EUR/USD between 1300 and 1600 GMT to maximize efficiency.

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    • What is the EUR/USD? The EUR/USD currency pair, is one of the top 10 ten most traded foreign currencies in the Forex market , commonly known as the “Eurodollar,” represents the exchange rate between the Euro (EUR) and the US Dollar (USD).
    • Understand Why You Should Trade EUR/USD. The EUR/USD currency pair, represents the Euro and the U.S. Dollar, and holds a unique position in the Forex market.
    • Factors Influencing EUR/USD. The EUR/USD exchange rate doesn’t move in a vacuum; it’s influenced by a myriad of factors stemming from both the Eurozone and the United States.
    • Understand the Best Time to Trade EUR/USD. The EUR/USD is the most traded currency pair in the world, but its activity levels can vary throughout the day.
  4. Dec 20, 2023 · EUR/GBP. Trading the EUR/GBP currency pair during the European trading session is a common preference among traders. The best time is from 7:00 am to 4:00 pm GMT (summer) and from 8:00 am to 5:00 pm GMT (winter). The European trading session encompasses the opening of the main financial centre of Europe, London.

  5. More than 50% of trading volume occurs at these two financial centers. Fig 3. The best time for you to trade forex will depend on which currency pair you’re looking to trade. Most of the trading activity for a specific currency pair will occur when the trading sessions of the individual currencies overlap.

  6. It means that the best time to trade EUR/USD is when the European market or American market is open. When both the markets are open, the pair is more actively traded. A trader should check the time when both markets are open. In the GMT zone, the best time to trade is between 13:00 and 15:00 hours (01:00 - 03:00 pm).

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