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This can suit certain traders, if you are freelance, work during the days or nights or it is a full-time profession. These additional forex trading hours also provide many more possibilities to profit and take advantage of any price fluctuations that you would otherwise miss.
Generally, the best time to trade forex is when the most markets overlap and the currency pairs you are trading are heavily tied to both. There are a few further important forex market hours to be aware of. Like everyone, the markets do have a rest, with annual and national holidays seeing certain ones close for set periods, when no trading activity will take place. It is useful to study and take note of key events listed in an economic calendar as well, such as national budget statement announcements, political elections, changes in interest rates and more.
The upside prevails as long as 1. The MACD is positive and above its signal line. The configuration is positive. Moreover, the pair is trading above both its 20 and 50 MAs respectively at 1. The bias remains bullish, The RSI shows upside momentum. Bullish bias above Under pressure, The pair has validated a Rising Wedge: The bias remains bullish, The pair is bullish channel in place since bottom.
The downside prevails, The pair remains on the downside, challenging the lower boundary of a bearish channel in place since June. The downside prevails, As long as 0. The upside prevails, A support base at 0. Although the nation wishes to join the Euro-Zone, political conditions in Turkey and economic issues in the EU continue to delay the process.
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