Hours of Stock and Forex trading sessions

 Know the trading days of Forex trading wellallows you to rationally distribute your efforts and use your resources and time efficiently. The Trading Session, or Auction, is the time interval in which banks actively operate in the market. As is known, Forex has no opening hours, it works 24 hours a day. When night falls in one part of the planet and negotiations end for that day, in another part, where the sun is rising, they are just beginning. Trading sessions follow one another and overlap each other, which allows traders to work at any time that is most convenient for them. You can be sure that whenever you enter the Forex you will find it working, except for Saturdays and Sundays, when it is a weekend in all countries, and also on some holidays, celebrated in a large part of the planet, as is the case. Christmas, New Year and Easter.

Knowing the time of Forex trading sessions is still useful because currencies behave differently in different sessions. Thus, the yen generally "comes to life" and begins to move actively during the Asian session, while euro operations become more active during the European session. In the remaining hours of the day, these currencies are generally characterized by little accentuated fluctuations. The most "aggressive" session of all, the American one, may weaken or, on the contrary, strengthen its dollar. In this way, all other currencies on the chart will fall or rise, as most traders maintain their deposits precisely in dollars.

Due to the fact that many countries from different time zones on Earth participate in the foreign exchange market, and to end the misunderstandings in the opening hours of the Forex Market, it was decided to adopt the Greenwich Mean Time ( GMT ) standard. However, nowadays the GMT standard has become obsolete and the Coordinated Universal Time  (UTC) standard has been adopted . The time on the RoboMarkets server is different from UTC in 2 hours (UTC +2) . In summer, due to daylight saving time, this indicator becomes equal to UTC +3.

Opening hours of Forex sessions - Opening hours of Forex

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