TH » Test: Best Time to Trade in the Forex Market

Test: Best Time to Trade in the Forex Market

Question 01: The Forex market is open:

a) 24/5

b) 24/7

c) 16/5

d) 25/5

Question 02: Which trading session does not exist?

a) Russian

b) European

c) Asian

d) American

Question 03: 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

Question 04: 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

Question 05: 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

Question 06: 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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