What is the best time to trade eur/jpy in the cryptocurrency market?

3 answers

• Nov 26, 2021 · 3 years ago
  The best time to trade eur/jpy in the cryptocurrency market is during the overlap of the European and Asian trading sessions. This is when both the European and Japanese markets are open, leading to increased liquidity and volatility in the eur/jpy pair. Traders can take advantage of the higher trading volume and potentially profit from the price movements during this time. It is important to note that market conditions can vary, so it is recommended to monitor the market and use technical analysis to make informed trading decisions.
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• Nov 26, 2021 · 3 years ago
  In my experience, the best time to trade eur/jpy in the cryptocurrency market is during the early morning hours in Europe. This is when the European market opens and traders start to react to the news and events that occurred overnight. The increased trading activity during this time can lead to more opportunities for profit. However, it is important to stay updated with the latest news and market trends to make informed trading decisions.
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• Nov 26, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, the best time to trade eur/jpy in the cryptocurrency market is during the Asian trading session. This is when the Japanese market is most active, and the eur/jpy pair tends to exhibit higher volatility. Traders can take advantage of the price movements during this time to make profitable trades. However, it is important to note that market conditions can change, and it is recommended to use technical analysis and risk management strategies when trading eur/jpy or any other currency pair.
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