European Forex session.

It is the most popular among traders from the CIS countries, due to the fact that its working hours almost completely coincide with the working day in Russia, Ukraine, and neighboring countries.

The European Forex session is a very interesting time for trading, as most of the currencies popular on the forex market are from eurozone countries.

Therefore, it's during this time that important news releases trigger price surges and falls. On the one hand, this offers an opportunity to make money, but on the other, it can also quickly lead to a loss of your deposit.

This session opens at 10-11 AM Moscow time, depending on the time of year, and closes at 8-9 PM. It's important to note that the European session initially overlaps with the Asian session, and two hours before it closes, it overlaps with the American trading session.

The bulk of trading volumes during the European forex session are conducted in euros, followed by the US dollar, British pound, Japanese yen, and other currencies.

The most popular currency pairs are EURUSD, EURJPY, EURGBP, and EURCHF. The correct choice of instrument depends on whether you prefer a high-risk, high-reward trading approach or a less risky, low-return approach.

For the former, currency pairs that include the euro or other eurocurrencies (pound, Swiss franc, etc.) are ideal. For the latter, neutral instruments are recommended, for which news releases are virtually excluded during the European forex session, such as AUDCAD, AUDJPY, and CADJPY.

Trading on the European market is quite difficult for a beginner trader; it is better to start training during the Asian trading session , using the appropriate recommendations.