From 9f0b8abcc5aee610ee4a5834f859e5114150ba71 Mon Sep 17 00:00:00 2001 From: medusa Date: Wed, 24 Jan 2024 15:58:11 +0000 Subject: [PATCH] Update docs/financial_docs/forex pairs.md --- docs/financial_docs/forex pairs.md | 46 +++++++++++++++++++----------- 1 file changed, 29 insertions(+), 17 deletions(-) diff --git a/docs/financial_docs/forex pairs.md b/docs/financial_docs/forex pairs.md index 7a294b4..efee3b3 100644 --- a/docs/financial_docs/forex pairs.md +++ b/docs/financial_docs/forex pairs.md @@ -1,24 +1,36 @@ -The forex market operates 24 hours a day during the business week, and it is divided into several trading sessions based on major financial centers around the world. Here is an overview of the four main forex trading sessions: +### Sydney Session (Asian Session): +**Trading Time**: 10:00 PM to 7:00 AM GMT (UTC +0) (3:00 PM - 12:00 AM UTC -7 Denver) -1. **Sydney Session (Asian Session):** - - Time: 10:00 PM to 7:00 AM GMT (Greenwich Mean Time) - - Major Currency Pairs: AUD/USD, NZD/USD, AUD/JPY, and other Asian-related pairs. - - Key Financial Centers: Sydney, Tokyo (overlap) +1. AUD/USD (Australian Dollar/US Dollar) +2. AUD/JPY (Australian Dollar/Japanese Yen) +3. NZD/USD (New Zealand Dollar/US Dollar) -2. **Tokyo Session (Asian Session):** - - Time: 12:00 AM to 9:00 AM GMT - - Major Currency Pairs: USD/JPY, EUR/JPY, GBP/JPY, and other Yen-related pairs. - - Key Financial Centers: Tokyo, Sydney (overlap) +### Tokyo Session (Asian Session): +**Trading Time**: 12:00 AM to 9:00 AM GMT (UTC +0) (5:00 PM - 2:00 AM UTC -7 Denver) -3. **London Session (European Session):** - - Time: 8:00 AM to 5:00 PM GMT - - Major Currency Pairs: EUR/USD, GBP/USD, EUR/GBP, USD/CHF, and other European-related pairs. - - Key Financial Centers: London, Frankfurt (overlap) +1. USD/JPY (US Dollar/Japanese Yen) +2. EUR/JPY (Euro/Japanese Yen) +3. AUD/JPY (Australian Dollar/Japanese Yen) +4. NZD/JPY (New Zealand Dollar/Japanese Yen) + +### London Session (European Session): +**Trading Time**: 8:00 AM to 5:00 PM GMT (UTC +0) (1:00 AM - 10:00 AM UTC -7 Denver) + +1. EUR/USD (Euro/US Dollar) +2. GBP/USD (British Pound/US Dollar) +3. EUR/GBP (Euro/British Pound) +4. USD/CHF (US Dollar/Swiss Franc) +5. EUR/JPY (Euro/Japanese Yen) + +### New York Session (North American Session): +**Trading Time**: 1:00 PM to 10:00 PM GMT (UTC +0) (6:00 AM - 3:00 PM UTC -7 Denver) + +1. USD/JPY (US Dollar/Japanese Yen) +2. GBP/USD (British Pound/US Dollar) +3. EUR/USD (Euro/US Dollar) +4. USD/CAD (US Dollar/Canadian Dollar) +5. AUD/USD (Australian Dollar/US Dollar) -4. **New York Session (North American Session):** - - Time: 1:00 PM to 10:00 PM GMT - - Major Currency Pairs: USD/JPY, EUR/USD, GBP/USD, USD/CHF, and other North American-related pairs. - - Key Financial Centers: New York, Toronto (overlap) ## Major Forex Pairs: - EUR/USD (Euro/US Dollar)