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EUR/USD

Action now trading
Status sale
Take profit 1.0660
stop loss 1.1450
comments

Actual EUR to USD exchange rate equal to 1.1192 Dollars per 1 Euro. Today's range: 1.1178-1.1216. Previous day close: 1.1203. Change for today -0.0011, -0.10%.

Hours when two sessions are overlap

New York and London: between 8:00 am — 12:00 noon EST (EDT) Sydney and Tokyo: between 7:00 pm — 2:00 am EST (EDT) London and Tokyo: between 3:00 am — 4:00am EST (EDT)

Importance of Trading Time

Trading gives best results when two markets are active. As an example; Trading EUR/USD, GBP/USD currency pairs would give good results between 8:00 am and 12:00 noon EST when two markets for those currencies are active. At the overlapping trading hours there is the highest volume of trades and therefore more chances earning profit

Do not trade when market is slow

The best time to trade is when the market is the most active because it is the time of the biggest volume of trades. Actively traded markets provide low risk ofloss and a good chance of making profits. Likewise calm and slow markes waste time efforts. It is therefore advised to leave trading till the market is fully active.