Test “Best Time to Trade in the Forex Market”

Test: Best Time to Trade in the Forex Market

1 / 6

The Forex market is open:

a) 24/5

b) 24/7

c) 16/5

d) 25/5

2 / 6

Which trading session does not exist?

a) Russian

b) European

c) Asian

d) American

3 / 6

When certain countries open for business, what happens to their currency?

a) The currencies of these countries and their trading partners are likely to have increased trading volume

b) The currencies of these countries and their trading partners are likely to have decreased trading volume

c) The value of the currencies of these countries and their trading partners are likely to rise

d) The value of the currencies of these countries and their trading partners are likely to fall

4 / 6

Which session is the most active and constitutes the majority of Forex trading volume?

a) European session

b) American session

c) Asian session

d) Russian session

5 / 6

Overlapping sessions are…

a) When one session opens, but the previous one is not yet closed

b) When one session closes, but the previous one is not yet open

c) When sessions open simultaneously

d) When sessions close simultaneously

6 / 6

At what times should you approach Forex trading with caution?

a) During bank holidays

b) During news releases

c) During overlapping sessions

d) All of the above

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