Time zones give you the opportunity to trade binary options when
conveniently – at any time of the day or night. And not only on weekdays, but also on weekends.
In the foreign exchange market there is a constant movement. Monday, midnight on
Moscow time, morning comes in such major cities as Sydney and
Wellington, where currency exchanges begin their work – the market is “starting up”, and
on the chart in your trading platform you see the first fluctuations. So begins the first
session called the Pacific. At this time in the economic calendar
New Zealand news is published, which makes it possible to earn in a calm
currency pair conditions with the New Zealand Dollar (NZD). By the way, about
at 00:30 may appear data on America, slightly shifting quotes of pairs with the dollar
United States (USD).
This session lasts, like any other, exactly nine hours – a standard working day
Exchange employees. However, until 3 a.m. you are not particularly active on your schedule
You will see: the bulk of the traders are still sleeping.
With the beginning of the Asian session, there is an active time for currency pairs with the yen (JPY) and
Australian dollar (AUD).
At about 2:50 Moscow time, data on Japan appears in the economic calendar,
which are able to greatly change the course of the pair USDJPY. Yes, and the Central Bank of the country ensures that their currency respects the “golden mean”: it does not cost too much
or too little. Therefore, the Bank may shift the course at its discretion, “infusing”
additional volumes of currency to the market. This is called intervention. She happens
suddenly and not planned, but on the graph you see a long vertical line,
the shift chart to a new level: either much up, or much down. Not
less, the Asian session is considered quite calm: the market is waiting for
Europe will wake up.
European and Russian sessions
At 9:00 Moscow time, Frankfurt, Zurich, Paris, London enter the game. Popular exchanges,
investment funds, the largest banks – all this unfolds on the charts in
trading platforms serious activity, which is accompanied by the opening
London sites at 10:00 Moscow time, and the publication of news in the UK, Germany
and the Eurozone as a whole. British pound (GBP), Swiss franc (CHF), euro (EUR) –
the largest movements in the foreign exchange market, as a rule, occur at this time.
Also at 10 a.m. the Moscow Exchange in Russia opens, bringing to the world stage
ruble. Until 18:00 Moscow time – the most favorable time for transactions on pairs
USDRUB and EURRUB.
At 14:00, exchange employees leave for lunch, and fluctuations in the charts become a little
Starting at 15:00 Moscow time, the market is preparing for the opening of the American session.
At this time, the first data on the economic calendar may already be published.
USA, which will begin to swing currency pairs with the dollar.
It’s easiest to keep track of important events on the OLYMP TRADE website, which not only offers a free economic calendar, but also makes a weekly selection of the most significant news that should be closely monitored.
At 16:00 Moscow time, work officially begins to boil on the exchanges of New York and Chicago, while European exchanges continue to function until six in the evening, pushing their national currencies up and down. At this time, the EURUSD pair is perhaps better than others for quick and active making money on binary options.
At 16:30 Moscow time, important news about the United States is published, which can easily change the balance of power on the chart. And then, starting from 18:00 Moscow time, in the calendar you can find a lot of important data for the United States.
Pairs with USD seriously affect gold, so incoming news cannot be ignored. Thus, positive data on America can make quotes of the “yellow metal” fall for several hours in a row.
Stormy stock activity slightly freezes by midnight, and again gives way to the Pacific session, opening new trading days.
Sessions in winter and summer
It must be borne in mind that the opening and closing hours of the sessions differ in winter and summer periods – due to the transfer of time. From this, by the way, the release time of important
data in the economic calendar: in the summer everything shifts one hour back. So, for example, from mid-spring you will see important news in America not at 16:30, but at 15:30 Moscow time.
Pacific Session: 00:00 – 09:00 (winter and summer)
Asian session: 03:00 – 12:00 (winter and summer)
European session: 09:00 – 17:00 (winter), 08:00 – 16:00 (summer)
American session: 16:00 – 01:00 (winter), 15:00 – 00:00 (summer)
Features of the thin market
We also want to introduce you to such a concept as a “thin market” – this is the time when one session overlaps with another. In these periods, on the charts of various currency
steam you can see very strong and completely unpredictable vibrations.
Therefore, we recommend that beginners refrain from buying binary options in the following time periods:
In winter: 2:45 – 3:45; 8:45 – 9:15; 15:45 – 16:15
In the summer: 2:45 – 3:45; 07:45 – 8:15; 14:45 – 15:15
Similar sharp movements on the chart are also possible in the last two weeks of December, when large investment companies, funds and banks withdraw their funds from foreign exchange market to take stock, calculate profit and loss. Then the exchanges take turns leaving for the Christmas holidays, gradually reducing activity for all currency pairs.