Forex trading is a global market that is open 24 hours a day, five days a week. The forex market is open from Sunday evening until Friday evening, allowing traders to buy and sell currencies at any time during this period. However, there are certain hours when trading is more active, and these hours tend to be the most volatile and liquid times to trade.
On Fridays, forex trading hours depend on the time zone you are in. The forex market opens at 5:00 PM EST on Sunday and closes at 5:00 PM EST on Friday. This means that the forex market is open for 24 hours a day, five days a week. However, the forex market is not equally active throughout the week, and there are certain times when trading is more active than others.
The forex market is divided into three major trading sessions: the Asian session, the European session, and the US session. The Asian session begins at 7:00 PM EST on Sunday and closes at 4:00 AM EST on Monday. The European session starts at 3:00 AM EST and lasts until 12:00 PM EST. The US session starts at 8:00 AM EST and lasts until 5:00 PM EST.
On Fridays, the trading hours for each session are the same as on other days of the week. However, there are certain times during the day when trading is more active. For example, the overlap between the Asian and European sessions (3:00 AM EST to 4:00 AM EST) is a time when trading is particularly active, as traders in both regions are active. The overlap between the European and US sessions (8:00 AM EST to 12:00 PM EST) is another time when trading is very active, as traders in both regions are active.
Friday trading hours also tend to be quieter than other days of the week, as many traders tend to close out their positions before the weekend. This is because the forex market is closed on weekends, and traders do not want to leave their positions open when they cannot monitor them.
In addition to the major trading sessions, there are also minor trading sessions that can be active during certain times of the day. These include the Tokyo session, the Sydney session, and the London session. The Tokyo session runs from 7:00 PM EST to 4:00 AM EST, while the Sydney session runs from 5:00 PM EST to 2:00 AM EST. The London session runs from 3:00 AM EST to 12:00 PM EST.
Friday trading hours tend to be quieter than other days of the week, as many traders are closing out their positions before the weekend. However, there are still plenty of opportunities to trade during this time, especially during the overlap between the European and US sessions. Traders should be aware of the major trading sessions and the minor trading sessions, as these can provide opportunities for trading during the day.
In conclusion, the forex market is open 24 hours a day, five days a week, allowing traders to buy and sell currencies at any time during this period. On Fridays, the trading hours are the same as other days of the week, but there are certain times during the day when trading is more active. Traders should be aware of the major trading sessions and the minor trading sessions, as these can provide opportunities for trading during the day. Overall, Friday trading hours tend to be quieter than other days of the week, but there are still plenty of opportunities for traders to make profits.
