So what are the best days of the week to trade forex?

The London session is the busiest out of all the other sessions, but there are also certain days in the week where all the markets tend to show more movement.

Know the best days of the week to trade currency.

Below is a chart of the average pip range for the major pairs for each day of the week:

 

PAIR SUNDAY MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY
EUR/USD 69 109 142 136 145 144
GBP/USD 73 149 172 152 169 179
USD/JPY 41 65 82 91 124 98
AUD/USD 58 84 114 99 115 111
NZD/USD 28 81 98 87 100 96
USD/CAD 43 93 112 106 120 125
USD/CHF 55 84 119 107 104 116
EUR/JPY 19 133 178 159 223 192
GBP/JPY 100 169 213 179 270 232
EUR/GBP 35 74 81 79 75 91
EUR/CHF 35 55 55 64 87 76

As you can see from the chart above, it’s best to trade during the middle of the week, since this is when the most action happens.

Fridays are usually busy until 12:00 pm EST and then the market pretty much drops dead until it closes at 5:00 pm EST.

This means we only work half-days on Fridays.  The weekend always starts early!

So based on all these, we’ve learned when the busiest and best days of the week to trade forex are.

The busiest times are usually the best times to trade since high volatility tends to present more opportunities.