Foreign exchange trading hours is basically fixed, subject to Beijing time. Every morning, from Wellington, New Zealand to the west coast of the United States, the major markets in Australia, Asia and North America are connected end to end. At any time during the working day, traders can find a suitable foreign exchange market to trade. Here is a brief introduction to the trading hours of major foreign exchange markets:
1, Wellington foreign exchange market, New Zealand: 04: 00- 12: 00 (winter time); 05: 00- 13: 00 (daylight saving time).
2. Foreign exchange market in Sydney, Australia: 06: 00- 14: 00 (winter time); 07: 00- 15: 00 (daylight saving time).
3. Tokyo foreign exchange market: 08: 00- 15: 30.
4. Foreign exchange markets in Beijing and Hong Kong: 10: 00- 17: 30.
4. Frankfurt foreign exchange market: 15: 30-23: 00.
5. Foreign exchange market in London, UK: 16: 30-23: 30 (daylight saving time); 17: 00-00: 30 (winter time).
6. new york foreign exchange market: 2 1: 30-03: 00 (daylight saving time); 22: 00-04: 00 (winter).
How does foreign exchange trading hours choose?
1、8:00- 12:00
This is the activity time of the Asian-Australian market and the adjustment time of the foreign exchange market. It is not suitable for foreign exchange trading because of its low risk and low income. This is mainly because the driving force of the Asian plate is small, generally fluctuating within 30 points, with no obvious direction. Margin traders can observe at around 6-8 am. If the market fluctuates up and down, they can operate at 5- 15 when the market oscillates to both ends, and only win short-term stop losses.
2、 12:00- 15:00
This is the eve of the opening of the European foreign exchange market, and the volume of foreign exchange transactions has gradually increased. It is the brewing stage of the foreign exchange market, with low risk and low income, and it is a suitable time for foreign exchange trading.
3、 16:00- 18:00
This is the time when the European foreign exchange market begins to trade, and it is a time when the foreign exchange market fluctuates. It is high-risk and high-yield, suitable for trading but not suitable for temporary positions. This period of time will be accompanied by the release of some data that have an impact on European currencies, and the general fluctuation range is around 40-80 points.
4、9:00-20:30
At this time, it is the second adjustment period of foreign exchange market, with low risk and low income, which is suitable for opening positions.
5、2 1:00-24:00
This period of time is the time when the American market and the European market trade at the same time, and it is also the time when the market is dominated by fluctuations. High risk and high return, generally above 80 points, suitable for trading but not suitable for temporary positions.
6, after 24 o'clock to the early morning.
It's afternoon time in America. Generally, at this time, it has already stepped out of the larger market, and this period of time is mostly a technical adjustment to the previous market.