The Best Forex Pairs To Trade In Malaysia

The increasing market volatility every day due to instability in the economic and political spheres is an alarming sign for many entrepreneurs. However, for a trader, price fluctuations mean a constant opportunity to earn money. Now is the best time to trade Forex in Malaysia, so find out what to look for when starting your investment career and how to choose the best trading symbols!

Choose the Best Time to Trade Forex Pairs in Malaysia

It is worth knowing the main trading time zones:

  • Pacific session
  • Asian session
  • European session
  • North American session

Based on the selected currency pairs to trade in Malaysia, it is worth waiting for the opening of a certain trading session. Each of them has its own characteristics that should be considered.

The Pacific trading session runs from 06:00 am to 02:00 pm (GMT+8) Malaysian time. The session begins with the opening of the New Zealand Stock Exchange in Wellington. Trades conducted on this exchange correspond to their name and are calm and smooth without sharp ups and downs. Local news in Australia and New Zealand may cause uncharacteristic temporary volatility. It also happens when the Asian session overlaps the Pacific session.

The Asian trading session runs from 08:00 am to 05:00 pm (GMT+8) Malaysian time. It starts with the opening of the stock exchange in Tokyo and ends with the closing in Singapore. These trades are superimposed on the Pacific session and create additional volatility in positions associated with Asian currencies. Major liquidity providers are also getting involved. The Japanese economy is export-oriented. In connection with this, it actively buys and sells currency.

The European trading session runs from 04:00 pm to 01:00 am (GMT+8) Malaysian time. It begins with the opening of the London Stock Exchange. The trading period is characterized by high liquidity and volatility. Asian traders have only an hour to close their trades and open them on the London Stock Exchange, which causes a rapid change in the main rates for the main trading instruments. The largest number of traders are active during this period, which allows you to trade quite profitably on the most popular assets.

The North American trading session runs from 09:00 pm to 05:00 am (GMT+8) Malaysian time. The opening of the stock exchanges in New York, Toronto, and Chicago marks the beginning of this trading session. These stock exchanges are distinguished by the most aggressive environment and the highest volatility. Especially the Friday before the close, when traders are trying to dump falling assets, the market turns into an extremely chaotic place. Nevertheless, it provides excellent earning opportunities for attentive and prudent traders. The liquidity of transactions is significantly reduced when the European trading session closes.

TOP 15 Forex Pairs to Trade in Malaysia

We just learned about the main trading time zones, and now it's time to select the best trading instruments for applying various trading strategies. Here is a list of the best 15 symbols with their detailed descriptions for our readers from Malaysia.

EUR/USD (the euro/the US dollar) is the most popular currency pair in the world, the digital equivalent of which shows how many dollars you need to pay for one euro. This currency pair depends on the news and the economic condition of two regions: North America and Europe. Accordingly, the best time to trade this symbol is when both the European and North American trading sessions are open from 09:00 pm to 01:00 am. Use these hours for profitable trading on this position, focusing on news from the European and North American continents.

GBP/USD (the British pound/the US dollar) is the second most popular pair that should not be neglected while developing your trading strategy. Like the previous pair, it strongly depends on the European and North American news agenda. The best time to trade is from 09:00 pm to 01:00 am, when the European and American sessions are open at the same time.

USD/JPY (the US dollar/the Japanese yen) is the third most popular currency pair, which shows how much yen is paid for one US dollar. In this case, you should pay attention to the news about export/import between Asia and the West. The best time to trade is from 09:00 pm to 11:00 pm, when the market is most active, and the London and New York Stock Exchanges operate simultaneously.

USD/CAD (the US dollar/the Canadian dollar) - this pair closes the top four most profitable and popular international pairs. The main influence is provided by global news and economic reports on the North American continent. The best time to trade this pair is from 09:00 pm to 01:00 am, when the North American session is at its peak.

NZD/USD (the New Zealand dollar/the US dollar), AUD/NZD (the Australian dollar/the New Zealand dollar), NZD/JPY (the New Zealand dollar/the Japanese yen) - these trading pairs have one thing in common - they are all related to the Pacific session, but also related to the Asian markets. So, the best time to trade on these positions is from 08:00 am to 02:00 pm, when the Asian and Pacific exchanges operate simultaneously.

GBP/CHF (the British pound/the Swiss franc), NZD/DKK (the New Zealand dollar/the Danish krone), GBP/JPY (the British pound/the Japanese yen), USD/CHF (the US dollar/the Swiss franc), NZD/EUR (the New Zealand dollar/the euro), GBP/NZD (the British pound/the New Zealand dollar) - these trading symbols are mainly focused on the European and North American market. The best time to conclude relevant transactions is during the simultaneous operation of the European and North American sessions from 09:00 pm to 01:00 am. When trading on these pairs, pay attention to technical analysis, which will help predict the movement of the currency in intraday frames.

NZD/MYR (the New Zealand dollar/the Malaysian ringgit), NZD/THB (the New Zealand dollar/the Thai baht) - these currency pairs are the most popular among Asian traders. The best solution would be to follow the news of the Asian region, apply technical analysis, and trade between 06:00 am and 02:00 pm when the market is most volatile for these positions. However, keep in mind that the Asian session itself is not characterized by strong volatility.


You have read the list of the best currency pairs to trade in Malaysia, which will help you start profitable and successful trading with minimal knowledge of technical analysis. Don't forget to choose the best time and the right currency pair to make your Forex trading as profitable as possible!

by JustMarkets, 2022.07.20

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