Japanese forex session time. Schedule of Forex trading sessions according to Moscow time. Asian Forex trading session

The Asian trading session is one of the periods that provides the opportunity to make quite a good profit. Here, the main thing is to know the active currency pairs and choose the right strategy, since your trading result directly depends on its choice.

Let us immediately draw your attention to the fact that trend strategies that involve “catching” profits of hundreds of points will definitely not work here. But trade from channel borders will allow you to receive a stable income.

What is the Asian trading session and what are its features?

Asian trading session – time of its activity and features of working with it

The Asian trading session involves trading on the markets of Tokyo, Hong Kong, and Singapore. It happens for the reason that when the working time of the Asian session practically coincides with trading in the Pacific session, they are combined and sometimes it is difficult to determine where exactly the trader is trading, but this depends on the broker he has chosen.

The Asian trading session opens at 3:00 Moscow time. Opening hours then begin at the Hong Kong and Singapore site. This session ends at 12:00 Moscow time. It should be noted that the Asian trading session is quite an interesting time on the stock exchange, although it is characterized by a relatively calm trend.


There are often sharp jumps in the Japanese yen, which are caused both by ongoing events within the country and by interventions of the Japanese Central Bank. And, as you know, the Japanese currency is one of the main three currencies that are most traded on Forex.

So, according to statistics, the Japanese yen accounts for more than 16% of transactions carried out on the foreign exchange market. And if we take the total number of all transactions per day carried out on Forex, then at least 21% of them are concluded during the activity of the Asian session.

The peculiarity of the Asian session is that the working schedule of the foreign exchange market begins early on Monday morning in Tokyo, so it is at this time that most speculators begin to appear during the weekend break. Just at this time, the market is trying to fill empty spaces and those who use gaps in their strategy can raise their depot quite well.


It is on Mondays, during the opening hours and further work of the Asian session, that a sharp trend movement is observed, which can be predicted by analyzing the events that occurred over the weekend. As a rule, this time is the most successful not only for trading on gaps, but also for those traders whose strategy is built on.

Psychological aspects are also added to all these facts, because most speculators are trying to make up for everything they missed during the weekend and begin to actively trade.

On other days, the Asian trading session is less active, and movement can be observed only after 8:00 Moscow time. It was during this time period that the main European financial centers began to operate.

Peak trading occurs between 9:00 and 12:00 Moscow time. During these hours, traders have already completed a preliminary analysis of exchange rate movements and are actively opening positions.

As mentioned above, trade at the session we are considering is not limited only to the shores of Japan. A huge number of financial transactions are also concluded in other financial hot spots - Singapore, Hong Kong, Sydney. The main trading participants here are Central Banks and large export companies, since the economies of countries such as Japan and China are export-oriented. For this reason, a huge number of companies and corporations are engaged in the sale and purchase of currencies.

Volatility of pairs during the active Asian session

Also, the disadvantages of this session include potentially low profits with low liquidity and the presence of high spreads on major currency pairs at some brokers.

Opening hours, in the Asian session. Advantages and disadvantages

What time do Forex sessions open and the periods (times) of their work is very important information for those who want to rationally distribute their efforts and devote themselves to trading to the maximum.

The Forex market is quite complicated for beginners, and in order to clearly understand the principles of its operation - where activity is higher, where lower, where to expect sudden movements, and where to fade, and simply what time lunches take place on the leading exchanges of the world, you need to know what time trading sessions open (for those living in the Russian Federation, preferably in Moscow), their opening and closing times.

Types, characteristics, as well as features of the opening time of trading sessions in Moscow on Forex

As you know, the Forex currency market operates around the clock throughout the work week. And, of course, it would be very strange if time zones were not taken into account in this work. Today, global trading is guided in its work by GMT - Greenwich Mean Time, where the prime meridian passes.

All other time zones form their own time by either subtracting or summing the hours to/from Greenwich.

So, for example, Greenwich is located at a distance of three time zones from Moscow, so the time in Moscow will be as follows: GMT+3.


And time zones are directly related to the opening of Forex sessions, and as a result, their operating time. By and large, a trading session is a time during which active trading occurs in a certain region, that is, financial institutions operate, and most traders speculate.

For error-free trading on Forex, traders should definitely know the types of trading sessions and, of course, their working hours, what time they close and what the specifics of each one are.

Today, depending on the regional location, there are four types of trading sessions:

  • then American;

Forex trading begins with the opening of the Asian session at 23:00 GMT, when the Tokyo exchanges begin to work, and ends at 22:00 GMT, when the Chicago exchanges close and the American session ends.

Everywhere, traders, of course, use their own local time by setting the appropriate settings in their trading terminals.

In the European part of Russia, speculators mainly work in Moscow. Below you can see a summary table, which includes the opening of Forex sessions and their expiration (their closing time) in GMT and in Moscow.


It should be noted that the differences between Forex sessions lie not only in what time they open and close, but also in the trading features during their work. The working period of each trading session is influenced by its own factors (economic, fundamental), and also differs in volatility, popularity of traded instruments, and so on.

Opening of the Asian session on Forex in Moscow (MSK), as well as its working hours

The Asian session involves trading processes on the markets and exchanges of Tokyo, Hong Kong and Singapore. It opens at 2:00, when Tokyo trading floors begin to work. After this, exchanges open in Hong Kong itself, and then in Singapore. This trading session ends at 12:00 Moscow time.

Its distinctive feature is that it starts working on Monday early in the morning, for this reason, most traders begin to use the presence of gaps (gaps) that arise during weekends in trading at these hours.

It is during this period of time that the market makes attempts to fill the voids that have arisen and traders who use gaps in their trading systems make good profits. In general, during the active work of the session, a relatively calm trend is observed.

European session - its opening time in Moscow (MSK) and duration of work on Forex

After the Asian trading session, the European trading session begins - from 9:00 Moscow time. During this period of work for Forex traders, the largest number of trading transactions occurs. The reason for this is simple - the working hours of three trading sessions at once intersect here, directly European, as well as Asian and American.


It should also be noted that the capital of Great Britain is one of the major financial centers; a huge number of investors of various sizes (funds, exchanges and other financial institutions) are concentrated here, which accordingly makes adjustments to the operation of the foreign exchange market.

The main players of the European session are German, French, and English exchanges, with their headquarters in Zurich, Paris, Luxembourg, London, Frankfurt. Their opening hours end at 18:00 and 19:00 Moscow time.

The peak of activity in the European session occurs around 11:00 Moscow time, when the world's largest financial groups located in London join in the work.


Since European countries have a lot of different monetary units, during the session in question, currency fluctuations can reach large amplitudes. The most actively traded during this period are the Euro, the British pound, the Swiss franc, the Danish krone and some others.

American session - opening time, as well as duration of work on Forex

The American Forex trading session is represented by the world's two largest exchanges, initially located in New York and Chicago. Their opening hours begin at 16:00 and 17:00 Moscow time, respectively. On these exchanges, USD is the main currency, and news that comes out in the US has an impact on the dynamics of almost any currency pair.


This session is considered the “hottest” trading period on Forex. From the very opening of the session, you can see how the market is actively saturated with liquidity, and trading is carried out in fairly large volumes.

The reason for this is the layering of European and American trading sessions on top of each other. This is also facilitated by the intersection of the release times of important reports and news (in Europe in the afternoon and in the morning in the USA). During such hours, significant fluctuations in major currency pairs and trend reversals can be observed on Forex. In general, the American session is very unpredictable and has increased aggressiveness.

Opening of the Pacific session and its activity (working hours) on Forex

The quietest time on Forex is considered to be during the moderate, Pacific session, which is why some speculators do not consider it a session at all. This session does not stand out from others as anything special, except very much.

It is for this reason that most experienced speculators from the moment the opening of this session (23:00 Moscow time in Wellington and 01:00 Moscow time in Sydney) prefer not to take risks, but take a wait-and-see position.

The Pacific session is generally characterized by very low trading volumes and the absence of any trends. The main currency pairs traded during this period of time are those that include the New Zealand dollar and the Australian dollar.


We looked at when sessions open in Forex trading, then their operating time and some features, but at the same time we want to emphasize that no matter how any of them differs (aggressiveness, like the American one, or calmness, like the Pacific one), you should always remember the rules money management and risk management.

Thus, having received a large profit during the activity of the European or American session, thoughtlessness and imprudence in decision-making during the calm on Forex in the Pacific session can lead to the loss of the deposit.

Opening, activity time and other moments of trading sessions

Knowing the schedule of trading sessions on Forex means being able to rationally distribute your efforts and effectively use opportunities and time. Trading sessions are periods of time when banks are open and actively trading. As you know, Forex trading hours are not limited and it operates around the clock. When evening comes in one point of the world and trading there closes, morning comes in another point and the local foreign exchange market begins to work. Sessions follow each other or partially overlap one another, so traders can trade at a time convenient for them. By logging into Forex at any time, you will find it in working order, except for Saturday and Sunday, when the stock exchanges in all countries have a day off. Forex also does not work on holidays, such as Christmas, New Year and Easter.

Knowing the schedule of Forex trading sessions is also useful because currencies behave differently in different sessions. Thus, the yen usually “comes to life” and begins to move actively during the Asian session, and trading in the euro intensifies during the European session. The rest of the time, sharp price movements are uncharacteristic for these currencies. The most “aggressive” of all - the American session - can greatly reduce or, conversely, strengthen its “native” dollar.

Due to the fact that the foreign exchange market involves so many countries from different time zones on Earth, Forex trading hours were previously usually calculated in Greenwich Mean Time (GMT) to eliminate confusion. Currently, the GMT standard is considered obsolete and UTC - Coordinated Universal Time is used instead. Server time in RoboForex differs from UTC by 2 hours (UTC+2). In the summer, due to the transition to daylight saving time, this indicator becomes equal to UTC+3.

Forex trading sessions schedule - Forex opening hours. Time zone UTC+2 (Eastern European Time, EET):

RegionCityOpeningClosing
ASIAN (Asia) Tokyo2:00 10:00
Hong Kong3:00 11:00
Singapore2:00 10:00
EUROPEAN (Europe) Frankfurt8:00 16:00
London9:00 17:00
AMERICAN (America) NY15:00 23:00
Chicago16:00 24:00
PACIFIC Wellington22:00 6:00
Sydney22:00 6:00

Each regional Forex market has its own characteristics.

Asian market - Forex opening hours

During this trading session, the most active transactions are in the exchange market of the American dollar against the yen (USDJPY), euro against the yen (EURJPY), euro against the dollar (EURUSD) and Australian dollar against the American dollar (AUDUSD).

European market - Forex trading hours

The trading schedule in Europe is much different from that in Asia due to the difference in time zones. Frankfurt opens at 8:00 CET, London at 9:00. At this time, trading is held in European financial centers. The volatility of the most popular currency pairs increases significantly after the start of the Forex trading session on the London market. Trading activity decreases somewhat towards lunch, but in the evening players are again actively making transactions. Changes in rates during the European trading session can be significant, since the bulk of funds are concentrated in Europe.

American market - Forex opening hours

The busiest Forex transactions begin with the opening of the New York session. During this Forex trading period, US banks begin their trading activities, and European dealers also return after their lunch break. The influence of European and American banks is approximately the same, so there are no significant changes compared to the European trading session on Forex. However, after the European market shuts down, volatility may increase. This is often observed on Friday evenings, before the weekend. The American session is more aggressive in trading than others.

The Forex market is traded around the clock, but since banks in different countries operate on local time for 6-8 hours, trading sessions arise. Conventionally, there are 4 of them, although some argue that there are only 3 of them, not taking into account the important Pacific session.

Asian session

The opening of Asia begins the moment the banking day opens in Tokyo. The session starts at 03:00 Moscow time*. Following Tokyo, the day opens in Hong Kong and Singapore at 04:00 am. Tokyo closes at 11:00, Hong Kong and Singapore at 12:00. Ignoring possible session overlap, the Asian session starts at 03:00 and ends at 12:00.

Since Tokyo enters the market during the Asian session, it is logical to assume that there is active trading in those pairs whose ticket contains any Asian currencies - Japanese yen, Chinese yuan, Singaporean and Hong Kong dollar. The remaining currency pairs are in a flat, since the banking day in other regions has not yet begun.

If you trade in the morning, you trade the Asian session (if you trade the RTS-MICEX, there is a separate Moscow session from 10 am), the best currencies for trading will be the Japanese yen and the Chinese yuan against the US dollar. I do not recommend trading crosses such as HKD/JPY or CNY/JPY. If the central banks of Japan and Hong Kong are working at the same time, there will be a lot of noise in the market, it is better to trade these currencies against the US dollar at this time.

*Winter time indicated (astronomical).

European session

Europe opens at 09:00 in Frankfurt, Zurich and Paris. An hour later, at 10 am, the London Stock Exchange opens. The trick of Forex is its decentralization; there is always high liquidity due to the pooling of liquidity. Frankfurt, Zurich and Paris close at 17:00, London at 18:00. Based on this, the European session begins at 09:00 and ends at 18:00 Moscow time.

At this time, major currencies such as the euro, pound and franc are traded, as well as the Norwegian and Danish kroner. During the European session, the volatility of the above currencies is at its highest. At short intervals, a lot of news of medium strength is released, as well as several strong ones per day.

During the work of Europe, you should take a closer look at those currency pairs whose countries have already entered the market, as well as those outside the market, for example, euro/dollar, pound/dollar, euro/yen. Any trader should know this criterion for selecting pairs based on trading time; this will protect against unnecessary random fluctuations.

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American session

The US market opens in New York at 16:00, then in Chicago at 17:00. America closes at 00:00 and 01:00, respectively. The American session range is 16:00-01:00. The maximum “viciousness” of the market occurs at 16:00-17:00, New York and Chicago overlap London on the Forex spot market.

During the American session, only American currencies should be considered for trading. It is best to work with the dollar and the Canadian dollar. Basically, the US dollar is located in the place of the second quote, for the convenience of calculating the volume. For the American session, any currencies with the US dollar and Canadian dollar are suitable.

Pacific session

Opening takes place in Wellington at 00:00, then in Sydney at 01:00. The Australian and New Zealand dollars are traded on the Sydney Stock Exchange, and a block of news on these currencies is also published. The session closes closer to the morning – 08:00 and 09:00. Pacific session time is 00:00-09:00.

The best trading opportunities may be for the Australian and New Zealand dollars against currencies not traded during this session. I recommend trading and. News on these currencies is often very strong, they are also influenced by news from China, so the movement may intensify in the Asian session.

Study the economic calendar carefully to learn how to predict strong price movements in the currencies you trade. Today there are a lot of methods for working with news, I recommend reading the powerful strategy that I use at the link -.

Best regards, Alexander Ivanov

The European trading session is the session during which the largest number of Forex market transactions are carried out. The reason for this is the overlap between the London session and the American and Asian sessions. In addition, London is the world's largest financial center, where a huge number of large investors are concentrated.

Trading sessions – their types and work schedule

Knowing the trading session schedule, i.e. opening and closing times, you will be able to effectively use your capabilities, rationally distribute your efforts and trading time. Trading sessions are periods of time when banking institutions operate and actively trade.

As you know, the Forex currency exchange operates around the clock - its work begins at 00:00 Moscow time on Monday and ends at 23:00 on Friday. The exchange does not work only on . Such functioning of the Forex market is possible due to the presence of several trading sessions, the opening and closing time periods of which depend on where their centers are geographically located, i.e. in what time zones?

Today there are 4 main trading sessions in Forex trading:

  • (main center of Tokyo),
  • (centered in New York),
  • (central London)
  • and (centred in Sydney).


In other words, working time on Forex is divided into these sessions, i.e. for the duration of their operation. And knowing the schedule and features of their work is very important and useful, because... different currencies behave differently during different sessions. Today you will learn about the European trading session and its features.

What is the European trading session like?

So, when traders from Asian countries are about to finish their working day, their colleagues from Europe, on the contrary, are just about to start their working day. Europe has several fairly large financial structures, but the main one, of course, is London, from which all Forex market participants do not take their eyes off for a minute. It so happened that the capital of Great Britain has always been the center of world trade, because it has a very good strategic location. Thousands of businessmen make deals here every minute. If we talk about the Forex market, then during the trading session in London at least 30% of trading volumes occur.

Since the largest and most popular exchanges are located in Europe, as well as all sorts of very large and finally financial institutions that take an active part in concluding transactions, the time of activity of the European trading session is the most active period on Forex.

Opening times and periods of activity of the European trading session

The opening time of the European session is 7:00 (GMT) or Moscow time – 10:00. The main players in this trading session are the French, German and London exchanges, whose participants are located in such large financial centers as Paris, Frankfurt, Zurich, Luxembourg and, of course, London. Moscow time, the European trading session ends at 19:30.

During the European session, the peak of activity occurs at approximately 11:00 Moscow time, just in time for trading at this time the exchange with its center located in London, where there are a huge number of offices of the world's largest financial groups, connects.

During the opening period of the London Stock Exchange, the market experiences the greatest volatility, because... This period accounts for the largest volumes of transactions with currencies. The reason for this is simple - all European banks, as well as many divisions of banks throughout Asia and America, are actively working at this time.

Such activity can be observed until 13:00 while dealers and brokers conduct their main transactions before the lunch break. After this, there is a slight decrease in activity, but by the evening it increases again. Due to the fact that a significant amount of money has been collected in Europe, during the activity of the European session, it can be quite large. During this period, active trading takes place in the currencies of European countries - the Danish krone, the Swiss franc, the Euro, etc. When the London stock exchange opens, the British pound joins them.


Since the European session overlaps with the end of the Asian session, its participants have the opportunity to pick up the trends that began in Asia. Towards the end of the European session, the American session opens and this happens every day, so you can trade on Forex around the clock.

Market trading sessions move from one to another, when evening comes in one part of the globe and trading stops, then morning comes in another and trading is just beginning.

Let us immediately note that the European trading session is not the best time for beginners, because... the beginning of its operation is associated with strong currency movements and an increase in the price of the European monetary unit, i.e. EUR.

We won’t argue, this situation is the best for getting a high profit, but only experienced traders who are able to track the simultaneous fluctuations of many currency pairs and quickly predict the market trend can achieve success.

What you need to know about the European trading session?

Due to the fact that the European trading session overlaps with two other sessions, and the capital of Great Britain, where the center of this session is located, is the world's largest financial center, the largest part of Forex transactions occurs during this period.

A distinctive feature of the trading session in Europe is the powerful money movement and rapid change in quotes. Since the trading volume that investors and traders trade in the UK capital is enormous, the European trading session is characterized by high volatility, i.e. price volatility.


As a rule, most market trends are formed when the trading session starts in London itself and they can continue until the opening of the trading session in America.

Also, the European trading session is famous for its uneven movements. Since there are a huge number of dealers in the capital of England who place orders, during the European session the first movement is often false. Dealers attempt to determine where stops will accumulate, how far the price will go, in other words, they test the market potential, as well as support/resistance levels. This dynamic is known among traders as the “London Fool”.

But it also happens that during a given session the first movement is correct, because everyone is trying to join it and a new trend is emerging, which, as a rule, persists until the start of the session in America.

Also, experienced traders do not recommend not taking active actions during the European session in the interval from 14:00 to 16:00. Even when any movements occur in the market during this period, they are aimed at draining currencies, which leads to losses for many traders. Market trends, as a rule, change their direction at the end of the trading session, because Most traders, before completing their Forex activities, begin to fix their profits.

When trading during the European trading session, be sure to monitor the release of statistics throughout the Eurozone, and especially in England. Also follow the speeches and comments of European political and economic figures. All this will help you be more prepared for the fact that the trend may change its direction, which will accordingly minimize your losses.

Regarding the choice of currency pairs that are best to trade during the active period of the European session, you can carry out transactions with any currencies.

In addition, these particular currency pairs are directly influenced by the news coming out at this time. You can also try trading crosses with Japanese currency, i.e. GBP/JPY and EUR/JPY, since during the European session these pairs have increased price volatility.



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