The Sydney open: is it even tradeable?
Sydney opens the trading week and the daily cycle with the thinnest liquidity of all. Spreads widen, moves are small, and yet the Sunday open has its own patterns for the patient.
Do you trade it?
- what you watch at the Sunday open
- the spreads and fills you actually get
- whether the early range predicts anything for your week
The sessions guide and weekend gaps guide cover the open's mechanics.
Background: Forex market hours: the Sydney, Tokyo, London and New York sessions
Currencies trade around the clock on weekdays, but not with the same liquidity. Session times in UTC, the overlaps that matter and the daylight-saving trap.
What time does the forex market open on Sunday?
Most brokers open at 5 p.m. New York time on Sunday, which is 21:00 UTC in summer and 22:00 UTC in winter.
What is the best time to trade forex?
Liquidity is usually highest during the London–New York overlap, roughly 12:00 to 16:00 UTC in the northern summer, when spreads on major pairs tend to be tightest. Whether that suits you depends on the pairs you trade and your strategy.
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