The share of the European market is nearly 36%. European market is currently the most crowded, where thousands of entrepreneurs conduct Forex trading transactions.
- Due to the London session has time overlapping with other market, this session becomes very crowded. This resulted in a very high liquidity smaller spreads.
- Range of price movement becomes very high (volatile).
- Volatility decreases in the noon and until American session opens.
- Some important news in the Euro zone will also greatly influence price movements.
- Major pairs are: EUR /USD, GBP/USD, USD/JPY, and USD/CHF. Some cross pair like EUR/JPY and GBP/JPY also can be glimpsed as well.