What Are Forex Trading Sessions?
The forex market operates 24/5 through four major trading sessions: Sydney, Tokyo, London, and New York. Each session opens as the previous one winds down, creating a continuous global marketplace. Session times matter because they determine trading volume, liquidity, and which currency pairs are most active.
Why Session Overlaps Matter
Tokyo-London Overlap
Brief but important for Asian and European currency pairs. Moderate volume with steady price movement.
London-New York Overlap
The busiest trading period with highest volume and volatility. Prime time for major market moves.
Each Session at a Glance
🇦🇺 Sydney
Quietest session. Best for AUD/NZD pairs. Lower volatility, ideal for conservative trading.
🇯🇵 Tokyo
Moderate activity. Focus on JPY pairs. More movement than Sydney but still controlled.
🇬🇧 London
Highest volume session. EUR/GBP pairs shine. Major price movements and best liquidity.
🇺🇸 New York
High volume with USD pairs. US economic news drives big moves. Overlaps with London.