News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

0

Notifications

Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events

0

Economic Calendar

Economic Calendar Events

0
Free Trading Guides
Subscribe
Please try again
EUR/USD
Mixed
Oil - US Crude
Mixed
Wall Street
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Bullish
GBP/USD
Bullish
USD/JPY
Bullish
More View more
Real Time News
  • Global stock markets may see turbulent volatility if darkening clouds over Washington’s relations with Beijing turn into a geopolitical storm. Which assets will be the lifeboat? Find out here:https://t.co/RkFI6qAyik https://t.co/40ScG8COhW
  • Will be discussing the Dow Jones and S&P 500 as retail trader signals hint bearish potential Starts in 30 minutes! https://t.co/CYP4r5v5oK
  • RT @FxWestwater: Australian Dollar Outlook: Inflationary Theme in Spotlight as $AUDUSD Sputters Link: https://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/asia_am_briefing/2021/05/11/Australian-Dollar-Outlook-Inflationary-Theme-in-Spotlight-as-AUDUSD-Sputters.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Westwater&utm_campaign=twr https://t.co…
  • Please join @ddubrovskyFX at 20:00 EST/00:00 GMT for a webinar on what other traders' buy/sell bets say about price trends. Register here: https://t.co/mwYyGmK1Gf https://t.co/mvc5ajVaCh
  • 🇰🇷 Unemployment Rate (APR) Actual: 3.7% Previous: 3.9% https://www.dailyfx.com/economic-calendar#2021-05-11
  • All 9 Dow Jones sectors ended lower, with 90% of the index’s constituents closing in the red. Energy (-2.62%), financials (-2.43%) and consumer discretionary (-1.82%) were among the worst performers, while materials (-0.23%) registered small losses. https://t.co/4jHdCZ1NuL
  • RT @ZabelinDimitri: What could go wrong?! https://t.co/c6CLYsCN1d
  • Heads Up:🇰🇷 Unemployment Rate (APR) due at 23:00 GMT (15min) Previous: 3.9% https://www.dailyfx.com/economic-calendar#2021-05-11
  • (Tech Special) British Pound Analysis: GBP/USD, EUR/GBP. GBP/JPY in Focus After Sterling’s Jump $GBPUSD $EURGBP $GBPJPY #GBP #Sterling https://www.dailyfx.com/forex/technical/article/special_report/2021/05/11/British-Pound-Analysis-GBPUSD-EURGBP-GBPJPY-in-Focus-After-Sterlings-Jump.html?CHID=9&QPID=917702&utm_source=Twitter&utm_medium=Dubrovsky&utm_campaign=twr https://t.co/HkYBanDOXd
  • The British Pound gained aggressively, placing the focus on levels that may send GBP/USD and GBP/JPY lower, with EUR/GBP still open to a turn higher. Will Sterling’s advance continue? Get your $GBP market update from @ddubrovskyFX here:https://t.co/PHoCHVc20M https://t.co/IBKnW68wv2
Guest Commentary: Best Hours to Trade for Those Who Hate Surprises

Guest Commentary: Best Hours to Trade for Those Who Hate Surprises

By Yohay Elam, Forex Crunch,,

Different hours of the day are characterized with different market behavior. This depends on the volume and also on the economic indicators that are released in every country.

Here are some better time spans to trade, in hours which see fewer surprises:

Times are GMT, during the winter in the northern hemisphere. For summer times, just subtract one hour.

  • 3:15 to 5:00: Unless there is a rate decision in Australia, these hours are quiet. Traders in Tokyo are not as enthusiastic as at the beginning of the session, Australian data is already out and the occasional Chinese data news release is also behind. The only potential risk is a rate decision in Japan, but this usually comes at a later hour. Europe is fast asleep.
  • 10:15 to 13:00: Up to 10:00, traders in London are more alert, especially at the beginning of the session. In addition, most UK data is released at 9:30, and European data releases (which are more spread out), are usually released up to 10:00 (ZEW for example). By 10:15, reactions to the data have already been made, and trading remains active, yet without too many surprises. At 13:00, traders in New York are already ready and potential surprises can be seen at 13:30, when the US releases data.
  • 23:00 to 1:00: After the US session closes, some caution is warranted. Liquidity is low and this is a good time for rating agencies to surprise markets with credit downgrades. Too often, these publications were made after markets closed in the US, but usually not long afterwards. However, by 23:00, it is reasonable to expect that thing will calm down and remain quiet until data is released in Australia and Japan.

Some traders seek the quiet hours for range trading, while others are looking for action and trading the news. The most liquid and busy hours are usually 13:00 to 16:00, when major US releases are scheduled, and trading volume is at its peak - overlapping of the European and US sessions.

What are your preferred times for trading? Do you prefer surprises or quiet times?

Further reading: 5 Most Predictable Currency Pairs

By Yohay Elam, ForexCrunch

Would you like to see more third-party contributors on DailyFX? For questions and comments, please send them to research@dailyfx.com

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES