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Best Hours to Trade EURUSD for US Traders: Measured in New York Time

Best hours to trade EURUSD cover, New York session range
Key takeaways

  • The three widest hours on EURUSD are 8:00, 9:00 and 10:00 New York time. Average 5-minute range runs 2.75 to 2.95 pips.
  • The quietest stretch is 6:00 to 7:00 pm ET at 0.96 pips, roughly a third of the morning. Same spread, one third of the movement.
  • Thursday is the widest day at 60 pips average daily range, Tuesday the narrowest at 43. That is a 40% difference for the same effort.
  • A trader who only works 8:00 to 11:00 am ET is present for the widest three hours of the session and skips the rest of the day.

If you are trading EURUSD from the United States, the window that matters is 8:00 to 11:00 am Eastern. Those three hours carry the widest ranges of the whole 24-hour cycle, because the London session is still open while New York opens on top of it. Everything after 12:00 pm ET is progressively thinner, and the evening hours are the worst payoff for your attention on the entire chart.

Most session articles give you a coloured graphic of four overlapping bars and no numbers. Here is the same question answered by counting every bar of the last three months.

Average 5-minute range by hour

Trading desk with world clocks showing forex session hours
Average 5-minute EURUSD range by New York hour6a7a8a9a10a11a12p1p2p3p4p5pEvening hours are roughly three times quieter at the same spread.
The 8:00 to 11:00 New York window carries the widest EURUSD movement of the US day.

Real EURUSD 5-minute bars, 16,926 of them, June 3 to August 26, 2026. For every hour I took the average high minus low of its bars, in pips.

Average 5-minute range by hour, EURUSD2.183 am2.758 am2.929 am2.9510 am2.4211 am1.8012 pm0.976 pm0.967 pmHour, New York time. EURUSD M5, June 3 to August 26, 2026.
The New York morning overlap, 8:00 to 11:00 am ET, carries three times the range of the evening hours.
Hour, New YorkHour, UTCAverage rangeWhat is happening
10:00 am14:002.95 pipsNew York fully open, London still trading
9:00 am13:002.92 pipsUS data releases, cash equities open
8:00 am12:002.75 pipsPre-market positioning, London afternoon
11:00 am15:002.42 pipsOverlap thinning out
3:00 am07:002.18 pipsLondon open, before US is awake
12:00 pm16:001.80 pipsLondon closes, range collapses
6:00 pm22:000.97 pipsQuietest hour of the day
7:00 pm23:000.96 pipsAsia not yet in size

The 5 pm spike is a trap, not an opportunity

One bar breaks the pattern: 5:00 pm ET shows 2.69 pips, as wide as the morning. That is the daily rollover, when liquidity providers step back and spreads widen. The range is real but you cannot trade it at a normal cost, and a stop sitting in that window can be taken out by a wick that no one traded through. I flatten before it.

Day of week matters as much as hour

New York skyline at dawn when the EURUSD trading session opens
DayAverage daily rangeDays measured
Thursday60 pips12
Wednesday58 pips13
Friday58 pips12
Monday47 pips12
Tuesday43 pips12

Thursday gave 40% more room than Tuesday for exactly the same screen time. If you can only trade three days a week, the data says Wednesday, Thursday and Friday.

How to turn this into a schedule

  • Prime window: 8:00 to 11:00 am ET. Full position sizing, your best setup only.
  • Second window: 3:00 to 5:00 am ET if you are up for the London open. Wider than the US afternoon.
  • Do not trade: 12:00 pm to 8:00 pm ET on EURUSD. Half the range, same spread.
  • Flat by 4:55 pm ET to stay out of the rollover.
  • Pair this with a session filter in your rules rather than willpower. My RSI session test showed the same indicator earning twenty times more per trade inside the right window.

Frequently asked questions

Do these hours change with daylight saving?
The UTC hours shift, the New York hours do not. This table is built in New York time for that reason: the US session anchors to the equity open, not to the clock in London.
Is a 2.9 pip average range enough to scalp?
That is the average range of a single 5-minute bar. Over a 30-minute trade it compounds into something workable. What it tells you is the ratio between movement and spread, and that ratio is three times better in the morning than in the evening.
Does this hold for gold and the indices?
Gold overlaps but peaks later, and the indices are anchored to the cash session. Same measurement, different instrument, and it deserves its own article rather than a guess here.
Why is Sunday missing?
The Sunday session is a few hours long and averaged 6 pips, which is not a trading day, so I left it out of the comparison.
Three months, is that enough?
For the shape of the day, yes, the pattern is the same in every month of the sample. For the exact pip figures, treat them as this summer’s numbers, not as constants.
Trade the right hours with the right signal

My DeMARK indicator for MT4 and MT5 is free and does not repaint. Put it on the 5-minute chart and use it only inside the window above.

Get the free DeMARK indicator

Method and data. EURUSD 5-minute OHLC, 16,926 bars over 73 calendar days, June 3 to August 26, 2026, retrieved from Yahoo Finance on August 26, 2026. Hourly figure is the mean of high minus low across all 5-minute bars in that hour, converted to pips at 0.0001. Daily range is the high to low of each calendar day. New York time is UTC minus 4 for this period. The script is kept with the article.

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Written by Alan Ross

Forex trader and MetaTrader indicator developer. I build and test MT4 and MT5 tools, then write the honest version of how they actually work. More about me.

Last reviewed August 2026
Alan Ross
Alan Ross

Forex educator and indicator developer. I build and trade my own MetaTrader tools, and share the ones that genuinely help.

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