Lesson 10 of 15
Sessions
The Forex market runs 24/5 but is divided into three major sessions:
| Session | Time (UTC) | Key Pairs | |---------|-----------|-----------| | Asian | 00:00 – 09:00 | JPY, AUD, NZD | | London | 07:00 – 16:00 | EUR, GBP | | New York | 12:00 – 21:00 | USD, CAD |
The highest volume and volatility occur when London and New York overlap (12:00–16:00 UTC). This is known as the **Kill Zone**.
Knowledge Check
7 questions
1.How many major trading sessions are there in Forex?
2.Which session includes JPY, AUD and NZD as key pairs?
3.Which session includes EUR and GBP as key pairs?
4.Which session includes USD and CAD as key pairs?
5.What time (UTC) does the London session start?
6.What is the Kill Zone?
7.During which hours (UTC) do London and New York sessions overlap?