![]() The immediate reaction to these announcements can be rather sharp so that it can have a significant impact on the price dynamics.ĪUD/USD and NZD/USD are the currency pairs that are most often traded during the Pacific session. However, there can be some periods of heightened volatility when the US Federal Reserve System announces the results of its regular policy meeting. Besides, some automated trading systems that are adjusted for flat trading can prove to be efficient during the Pacific session. Professional traders tend to avoid opening deals in this period, but they continue monitoring the market movements, watching for a break of some key psychological or historical levels, the formation of a new trend, or price reversals.įor newbies, it is the most suitable period for learning and making their first deals as the risk is minimal. ![]() As a rule, prices barely move, the market stands still, and the currency quotes trade sideways during the Pacific session. No sharp fluctuations are usually seen here. The work on the currency market starts with the opening of the Pacific trading session, the calmest one. ![]() Summer Winter Forex Trading Hours (April – October) Time Zone Winter Forex Trading Hours (October – April) Time Zone These days, the currency market is closed. The exception is the weekends and international holidays such as Christmas, New Year’s Eve, and Easter. This process is non-stop, so traders can work at any time they want. When night falls in one part of the globe and the local market shifts into a sleeping mode, the sun rises in the other part of the planet, and trades start there. The forex market works round the clock from Monday to Friday. A trading session is a period when banks and other market participants trade actively.
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