The FOREX market operates 5 days a week, except on Saturdays and Sundays, and the trading days begin when the market opens on Sunday evening at (1:00) Iraq time, and the market closes on Friday evening at (12:00) Iraq time.
In trading days, the currency market works 24/24 hours, that is, throughout the day It passes through the working periods of four global markets, namely, the Australian market, the Asian market, the European market, and ends with the American market period. You will notice the intersection of the working periods of some markets with each other, as shown below in GMT time:
🔸 The Australian market (Sydney Stock Exchange) starts at 22:00 PM and closes at 6:00 AM.
🔸 The Asian market (Tokyo Stock Exchange) starts at 7:00 PM and closes at 00:00 PM.
🔸 The European market (London Stock Exchange) starts at 15:00 PM and closes at 7:00 AM.
🔸 The American market (NYSE) starts at 20:00 PM and closes at 12:00 AM.