Best pairs to trade during london and new york session

The best pairs to trade during the London and New York sessions can vary depending on market conditions, economic news, and other factors. However, here are some popular and liquid pairs that tend to be active during these sessions:

London Session (8:00 AM - 5:00 PM GMT, 3:00 AM - 12:00 PM EST)

  1. EUR/USD: The London session is a key time for the euro, as many European banks and financial institutions are open during this time. The pair tends to be volatile during this session, especially around economic news releases.
  2. GBP/USD: The British pound is also heavily traded during the London session, as many UK-based banks and financial institutions are open. The pair can be sensitive to UK economic data and news.
  3. EUR/JPY: The euro-yen pair is a popular choice during the London session, as it tends to be more liquid and volatile than other yen pairs.
  4. USD/CHF: The Swiss franc is often used as a safe-haven currency, and the USD/CHF pair can be active during the London session, especially during times of market volatility.

New York Session (8:00 AM - 5:00 PM EST, 1:00 PM - 10:00 PM GMT)

  1. USD/JPY: The New York session is a key time for the US dollar, as many US-based banks and financial institutions are open. The USD/JPY pair tends to be highly liquid and volatile during this session.
  2. EUR/USD: The euro-dollar pair can still be active during the New York session, especially if there are significant economic news releases or market-moving events.
  3. GBP/USD: The British pound can also be traded during the New York session, although the liquidity may be lower than during the London session.
  4. AUD/USD: The Australian dollar is often affected by US economic data and news, making it a popular choice during the New York session.

Overlapping Sessions (3:00 PM - 5:00 PM GMT, 10:00 AM - 12:00 PM EST)

  1. EUR/USD: The overlapping session between London and New York can be a busy time for the euro-dollar pair, as traders from both regions are active.
  2. GBP/USD: The British pound can also be traded during this time, as traders from both regions are active.
  3. USD/JPY: The US dollar-yen pair can be active during this time, especially if there are significant economic news releases or market-moving events.

Remember that these are general guidelines, and the best pairs to trade during the London and New York sessions can vary depending on market conditions and other factors. It's essential to stay informed about economic news, market trends, and technical analysis to make informed trading decisions.