Best Time to Trade EURUSD
The best time to trade the EURUSD is during the overlap of the London and New York trading sessions from 12:00 PM to 4:00 PM GMT as this time the period results in increased volatility and liquidity, which is beneficial for traders. For those who want to stay updated with real-time market movements, using a EURUSD live chart during this time can be especially helpful.
What are the Key Trading Times for EUR/USD?
Session | Time (GMT) |
London Session | 7:00 AM to 4:00 PM |
New York Session | 12:00 PM to 8:00 PM |
Optimal Overlap | 12:00 PM to 4:00 PM |
This four-hour window combines the high trading volumes of both major markets, resulting in tighter spreads and greater price movements. During this time, Forex traders, market makers, and institutional investors actively participate, increasing the liquidity and volatility of the EUR/USD pair.
What are the Additional Considerations?
Pre-London Opening Period
Trading can also be effective from 7:00 AM to 12:00 PM GMT as the market prepares for the London session. Early morning trading can see significant moves as traders react to overnight news and data releases.
How do Economic Events Impact Trading?
Economic events reports from the Eurozone and the US can influence volatility and trading conditions during these hours. Economic indicators such as GDP growth, employment data, and interest rate decisions can cause sharp movements in the EUR/USD exchange rate for forex trading in just overnight.
What are the General Forex Trading Hours?
The forex market operates 24 hours a day from Sunday at 9:00 PM GMT (5:00 PM ET) to Friday at 9:00 PM GMT (5:00 PM ET).
What are the Specific EUR/USD Trading Hours?
The standard trading window for EUR/USD is from 1:00 PM to 9:00 PM GMT, with peak activity occurring between 12:00 PM and 4:00 PM GMT.
Session | Time (GMT) |
Standard Trading Window | 1:00 PM to 9:00 PM |
Peak Activity | 12:00 PM to 4:00 PM |
What are the Major Trading Sessions?
The major trading sessions for EUR/USD currency pairs are London, New York, Tokyo, and Sydney.
What are the Market Open and Close Times?
The forex market opens at 9:00 PM GMT on Sunday and closes at 10:00 PM GMT on Friday. The first trading session to start is the Sydney session, and the last session to end is the New York session.
Session | Time (GMT) |
London Session | 7:00 AM to 4:00 PM |
New York Session | 12:00 PM to 8:00 PM |
Tokyo Session | 11:00 PM to 8:00 AM |
Sydney Session | 9:00 PM to 6:00 AM |
Read more about our product specifications trading session.
When are the Most Volatile Times for EURUSD?
Factor | Time (GMT) |
Market Sessions | 1:00 PM to 4:00 PM GMT |
Most Volatile Days | Fridays |
Least Volatile Days | Mondays |
Economic Reports and Events | Key economic indicators, central bank meetings, and political events can cause significant price fluctuations. |
Volatility is influenced by market news, geopolitical events, central bank announcements and economic data releases from the Eurozone and the United States.
What are the Trading Time and Volatility Patterns?
The average daily movement of EUR/USD is around 57 pips over a 10-week period. The most active trading hours are from 1 PM to 4 PM GMT. Significant economic announcements, such as the US Non-Farm Payroll (NFP) data, can cause sharp movements.
The Summary of Volatility Patterns:
Volatility Factor | Value |
Most Volatile Days | Fridays (70 pips average) |
Least Volatile Days | Mondays (44 pips average) |
Most Volatile Hours | 1 PM to 4 PM GMT |