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Are Forex markets open on weekends?
The forex market is well known for its 24 hours trading during weekdays, which allows traders from all over the world to engage in currency trading at any time. But there is a common query among forex trading beginners in Dubai, whether the forex market is open on weekends.
Forex Market Hours - Dubai Time
Referring to stock markets, which have set trading hours, the Forex market is open around the clock and offers worldwide coverage.
From Monday through Friday, the forex market is open 24 hours a day. However, trading takes place at different times and in different parts of the world.
These majors are - in Sydney, Tokyo, London, and New York.They are referred to as trading sessions.
Session |
Country |
Open Time |
Close Time |
Sydney |
Australia |
7:00 AM |
4:00 PM |
Tokyo |
Japan |
10:00 AM |
7:00 PM |
London |
UK |
12:00 PM |
9:00 PM |
New York |
USA |
5:00 PM |
2:00 AM |
Basically, we answered popular queries :-
- Forex market Open time in Dubai
- Forex market Close time in Dubai
Forex Market During Weekends
On weekends,The forex market is closed for retail traders.
Reasons :-
- Banks are closed on weekends
- System maintenance performed if required
- Risk assessment by brokers or institutions
Forex Market vs Other Financial Market
Let’s understand how forex market differs from other financial markets on the basis of Operating Days and Weekend Trading
Financial Market |
Operating Days |
Weekend Trading |
Stock Market |
Monday - Friday |
No |
Forex |
Monday - Friday |
No |
Cryptocurrency |
24 X 7 |
Yes |
Commodities |
Monday - Friday |
No |
What Forex Traders do during Weekends?
Weekends often prove to be a boon for forex traders, especially for Beginners in Forex Trading. It is kind of a perfect time where traders get chance to
- Perform market analysis for forex pairs like EURUSD
- Review past trades
- Refine their existing trading strategies
- Educate themselves and enhance their knowledge of Forex Trading
Does Tradingview Charts Indicate gaps after Weekends?
Yes, tradingview charts indicate gaps if they form. Let’s check the weekly chart in both the scenarios.
✅ Gap after weekends
✅ No Gap after weekends