The European and US session are the busiest ones, especially in the hours when they overlap each other. This is common knowledge. But how do currencies move during each session?
The first session of the week and the last ones also have special characteristics. A new tool helps you discover these trends.
Arnaud Jeulin of ForexTicket and Mataf developed a new and cool tool. Check it out here. This joins other cool forex tools such as the forex correlation and forex pivot point tools on his site.
One interesting finding is that EUR/USD goes up during the US session and falls during the European night. The currency creeps down when Europeans are asleep…
You can read about the new tool on Jeulin’s blog here.