best times and sessions to trade EURUSD in forex trading

The EUR/USD is one of the most popular currency pairs in the forex market and is very popular with traders. This currency pair has good intraday volatility, making it suitable for swing trading and scalping. In this article we will talk about the best time to trade the EUR/USD.

As you know, the time and session we choose for trading is very important and the market behavior is different at different times. At certain times and trading sessions, the market experiences stronger and sharper movements and volatility. In this tutorial, we will learn when the EUR/USD currency pair, one of the best and most popular currency pairs to trade in the Forex market, experiences better volatility and larger movements.

Best trading sessions to trade EUR/USD

Since the EUR/USD is made up of the Euro and the US Dollar, European and American trading sessions are of particular importance, and during these sessions the pair experiences the most volatility and movement. During these two trading sessions, market liquidity increases significantly and you can see larger and sharper movements in the EUR/USD currency pair compared to other trading sessions.

Photo by TradingView

In the example above on the EUR/USD currency pair, we have separated and highlighted the different trading sessions on the chart with boxes. The blue boxes are the European sessions, which include the London and Frankfurt sessions, and the red box shows the New York session. But the gray sessions are the Sydney and Tokyo sessions. If you pay attention, you will notice that most of the price movement occurred in the European and New York sessions.

Market liquidity is very high during the Frankfurt, London and New York sessions, and since the EUR/USD currency pair is dependent on the economies and banks of Europe and the United States, we should pay close attention to the European and New York sessions.

The best sessions to trade this currency pair are when the New York and European sessions open at the same time. during this overlap, we often see sharp moves and a high volatility. Note that when the European and New York sessions are opened at the same time and overlapped, the market has made very sharp and strong moves.

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