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Forex market hours

Sydney, Tokyo, London and New York in your local time, daylight saving included — the switches fall neither on the same day nor in the same direction across centres.

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Your time —

The next twenty-four hours

Six hours back, eighteen ahead. The amber cursor marks the present moment.

Sydney AUD · NZD

Tokyo JPY · CNH

London GBP · EUR · CHF

New York USD · CAD

Session status

Session	State	Opens	Closes	Countdown

The hours that matter

The London — New York overlap is the busiest moment of the day: the two largest centres trade at the same time for about four hours. Spreads tighten, moves extend, and most US releases fall inside that window.

The Tokyo — London overlap is shorter and quieter, but it is where yen pairs and the Australian dollar move most decisively.

The end of the New York session, by contrast, deserves caution: liquidity withdraws, spreads widen, and a stop can fill far from the price shown minutes earlier.

How these hours are computed

Each centre is described in its own time zone — 08:00 to 17:00 in London, 09:00 to 18:00 in Tokyo — rather than by a frozen UTC hour. Daylight-saving rules are applied centre by centre at calculation time.

That is why in March and October the gap between London and New York changes for a week or two: the two centres do not switch on the same Sunday, and Sydney switches the other way.

Weekends are removed: the market closes on Friday at the New York close and reopens on Sunday evening at the Sydney open. Sessions that would fall inside that gap are not shown.

With some nuance

The hours used are those of the financial centres, not those of your broker. Yours may open slightly earlier or close slightly later, and sets its own daily candle rollover.

Local public holidays are not taken into account. The currency market stays technically open, but a holiday in Tokyo or London drains the session of its liquidity.

Open does not mean active. The first hour of a session is often the busiest, the last rarely is.

Other tools

Position size How much to buy so you only risk what you decided. Pip value What one pip is worth, in your currency, for your size. Profit and loss What a trade earns or costs, before you take it.

Go further: Decision matrix: the analysis framework

The same maths lives inside the terminal

Sizing, stop distance and targets are recomputed on every signal, live, next to the chart.

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These tools perform arithmetic on market prices. They are not investment advice, not a recommendation and not a promise of any result. Figures ignore spread, commission and financing costs unless stated otherwise.