Asian Session Forex Pairs – Tokyo Session

<div><img width="1200" height="665" src="https://www.financebrokerage.com/wp-content/uploads/2023/12/Asian-Session-Forex-Pairs.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Asian Session Forex Pairs – Tokyo Session" decoding="async" loading="lazy" /></div><h1><strong>Asian Session Forex Pairs – Tokyo Session</strong></h1>
<p><span data-preserver-spaces="true">Are you interested in Asian Session Forex Pairs to boost your <a href="https://www.financebrokerage.com/crucial-trading/">trading</a> profits? If yes, it’s actually a great idea since trading these pairs has many advantages. Let’s look at what the Asian Forex Session is, what are the advantages of trading on it. Also we will see the best pairs to trade at the Tokyo Trading Session.</span></p>
<h2><strong>What Time is the Asian Session?</strong></h2>
<p><span data-preserver-spaces="true">Traditionally, the </span><strong><span data-preserver-spaces="true">Forex market</span></strong><span data-preserver-spaces="true"> is separated into three peak activity sessions. These are the Asian, European, and North American sessions. They are also referred to as the Tokyo, London, and New York sessions.</span></p>
<p><span data-preserver-spaces="true">The Asian <a href="https://www.financebrokerage.com/professional-forex-trading-tips/">trading Forex</a> session begins when the <a href="https://www.financebrokerage.com/a-strategic-insight-into-european-markets-ahead-of-christmas/">market</a> opens in Tokyo at 00:00 GMT, which is 9:00 PM Eastern Time (ET). This session runs until 09:00 GMT (4:00 AM ET), overlapping for a brief period with the London session. Understanding this time zone is crucial for Forex trading. It determines the hours during which key Asian markets are most active and liquid.</span></p>
<h2><strong>Asian Session Forex Pairs – Fun Facts</strong></h2>
<p><span data-preserver-spaces="true"><img decoding="async" loading="lazy" class="alignnone wp-image-212138 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/07/currency-pairs-1024×682.jpg" alt="Asian Session Forex Pairs – Fun Facts" width="1024" height="682" /></span></p>
<p><span data-preserver-spaces="true">For Forex traders in the US, trading sessions open on Sunday at 5.00 PM EST, 10.00 pm GMT.</span></p>
<p><span data-preserver-spaces="true">But there still is not enough liquidity before the </span><strong><span data-preserver-spaces="true">Asian session</span></strong><span data-preserver-spaces="true"> opens. The Asian trading session is generally referred to as the Tokyo session opening at 12.00 am GMT. </span></p>
<p><span data-preserver-spaces="true">It is one of the major trading sessions since Japan is the third-largest Forex trading center in the world. Also, the Yen holds third position when it comes to most traded currencies. It partakes in almost 17% of all Forex market transactions.</span></p>
<p><span data-preserver-spaces="true">Overall, approximately 20% of all trading volume takes place during the Tokyo session. The other two major Forex centers in Asia are Hong Kong and Singapore. It’s with noting there is more trading volume in Hong Kong and Singapore than in Tokyo.</span></p>
<h2><strong>What is the Asian Session Range?</strong></h2>
<p><span data-preserver-spaces="true">The Asian session range refers to the fluctuation range of currency pairs during the Asian trading session. Typically, this range is narrower compared to the ranges seen in the London and New York sessions. </span></p>
<p><span data-preserver-spaces="true">This is partly due to the overlap of the Asian session with the latter part of the North American session and the early hours of the European session.</span></p>
<p><span data-preserver-spaces="true">The range is an important aspect for traders using strategies like range trading or breakout trading. Since the Asian session often experiences a consolidation of prices, it can set the stage for significant breakouts during the later sessions. </span></p>
<p><span data-preserver-spaces="true">Understanding the Asian session’s range provides Forex traders with insights into potential market fluctuations and helps in planning their trading strategies accordingly.</span></p>
<p><span data-preserver-spaces="true">The Tokyo session overlaps with the London session at the end of the trading period. During this period, traders experience</span><strong><span data-preserver-spaces="true"> high liquidity levels</span></strong><span data-preserver-spaces="true">, which result in breakouts from established trading ranges.</span></p>
<h2><strong>What Forex Pairs to Trade During the Asian Session?</strong></h2>
<p><span data-preserver-spaces="true">When the Forex market opens in Asia, certain currency pairs become the primary focus for traders. The Asian trading session, predominantly influenced by the activities in major financial centers like Tokyo, offers unique opportunities for trading currencies. </span></p>
<p><span data-preserver-spaces="true">During this session, pairs that involve Asian currencies like the </span><strong><span data-preserver-spaces="true">Japanese Yen (JPY)</span></strong><span data-preserver-spaces="true">, Australian Dollar (AUD), and New Zealand Dollar (NZD) often see increased trading volume. These pairs, coupled with major currencies like the USD and EUR, form some of the best Forex pairs to trade during the Asian session.</span></p>
<p><span data-preserver-spaces="true"><img decoding="async" loading="lazy" class="alignnone size-full wp-image-129609" src="https://www.financebrokerage.com/wp-content/uploads/2021/12/shutterstock_2052962762.jpg" alt="EURUSD, GBPUSD" width="1000" height="667" /></span></p>
<p><span data-preserver-spaces="true">In addition to the regional pairs, the EUR/USD and GBP/USD also experience significant activity, although their movements are more pronounced during the London and New York sessions. </span></p>
<p><span data-preserver-spaces="true">Traders often focus on pairs like USD/JPY and AUD/USD, as these tend to respond </span></p>
<p><span data-preserver-spaces="true">Traders also pay attention to pairs involving the Chinese Yuan (CNY). </span></p>
<p><span data-preserver-spaces="true">Though it is less traded compared to other major currencies. Note that the liquidity and volatility of these pairs can be different from those during the European and North American sessions.more dynamically to the Asian markets’ economic indicators and news events.</span></p>
<h3><strong>Asian Session Forex Pairs FAQ</strong></h3>
<p><strong>What are Asian Session Trading Hours?</strong></p>
<p><span data-preserver-spaces="true">The Asian Forex trading session starts at 00:00 GMT (9:00 PM ET) and ends at 09:00 GMT (4:00 AM ET), overlapping briefly with the London session. This period is crucial for trading as it marks the most active hours for key Asian markets.</span></p>
<p><strong>What are the best Pairs for trading in Asian Sessions?</strong></p>
<p><span data-preserver-spaces="true">Popular pairs during the Asian session include JPY pairs like USD/JPY, EUR/JPY, and AUD/JPY, as well as AUD/USD and NZD/USD. These pairs are influenced by the economic activities in Asia, particularly in Japan, Australia, and New Zealand.</span></p>
<p><strong>What are the best strategies for an Asian trading session?</strong></p>
<p><span data-preserver-spaces="true">Strategies for Asian Session Range: Traders often use strategies like range trading or breakout trading during the Asian session. The consolidation of prices in this session can lead to significant breakouts in subsequent sessions.</span></p>
<p>The post <a rel="nofollow" href="https://www.financebrokerage.com/asian-session-forex-pairs/">Asian Session Forex Pairs – Tokyo Session</a> appeared first on <a rel="nofollow" href="https://www.financebrokerage.com">FinanceBrokerage</a>.</p>

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