Best currency pairs to trade new york session

The New York session, which runs from 8:00 AM to 5:00 PM EST, is a popular time for trading due to the high liquidity and volatility caused by the overlap with the London and Tokyo sessions. Here are some of the best currency pairs to trade during the New York session:

  1. EUR/USD: The most widely traded currency pair in the world, EUR/USD is a popular choice during the New York session due to the overlap with the London session. Expect high liquidity and volatility during this time.
  2. GBP/USD: The British pound is a major player in the New York session, with many UK-based banks and institutions trading during this time. Expect high volatility and liquidity, especially during economic announcements.
  3. USD/JPY: The Japanese yen is a popular currency to trade during the New York session, especially during times of high market volatility. Expect high liquidity and volatility, especially during economic announcements.
  4. USD/CHF: The Swiss franc is a safe-haven currency, making it a popular choice during times of market volatility. Expect high liquidity and volatility during the New York session, especially during economic announcements.
  5. AUD/USD: The Australian dollar is a popular currency to trade during the New York session, especially during times of high market volatility. Expect high liquidity and volatility, especially during economic announcements.
  6. USD/CAD: The Canadian dollar is a popular currency to trade during the New York session, especially during times of high market volatility. Expect high liquidity and volatility, especially during economic announcements.
  7. NZD/USD: The New Zealand dollar is a popular currency to trade during the New York session, especially during times of high market volatility. Expect high liquidity and volatility, especially during economic announcements.

When trading during the New York session, it's essential to keep an eye on the following economic announcements:

These announcements can cause significant market volatility and are often accompanied by high trading volumes. It's essential to stay informed and adapt your trading strategy accordingly.

Remember to always use proper risk management techniques, such as setting stop-loss orders and limiting your position size, to minimize potential losses.