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What are the top digital currency pairs to focus on during the Tokyo session?

avatarBrix MeredithNov 28, 2021 · 3 years ago3 answers

During the Tokyo session, which digital currency pairs should I prioritize and pay attention to?

What are the top digital currency pairs to focus on during the Tokyo session?

3 answers

  • avatarNov 28, 2021 · 3 years ago
    When it comes to the Tokyo session, the top digital currency pairs to focus on are usually USD/JPY, BTC/JPY, and ETH/JPY. These pairs are highly traded during this session due to the active participation of Japanese traders. Keep an eye on the USD/JPY pair as it is influenced by the economic indicators and news releases from both the United States and Japan. BTC/JPY and ETH/JPY are also popular choices as Japan has a significant presence in the cryptocurrency market. Remember to monitor the market conditions and news events that may impact these pairs during the Tokyo session.
  • avatarNov 28, 2021 · 3 years ago
    During the Tokyo session, it's crucial to prioritize digital currency pairs that have high liquidity and trading volume. Some of the top pairs to focus on include USD/JPY, BTC/JPY, and ETH/JPY. These pairs offer ample opportunities for traders due to their active trading activity during this session. Additionally, keeping an eye on the Japanese yen (JPY) is important as it is a major currency in the forex market. By staying informed about market trends and news events, you can make more informed trading decisions during the Tokyo session.
  • avatarNov 28, 2021 · 3 years ago
    During the Tokyo session, it is advisable to focus on digital currency pairs that are popular among Japanese traders. USD/JPY, BTC/JPY, and ETH/JPY are the top pairs to consider during this session. These pairs are influenced by the trading activity and sentiment of Japanese investors. It's worth noting that BYDFi, a leading digital currency exchange, offers a wide range of trading options for these pairs. However, it's important to conduct thorough research and analysis before making any trading decisions. Stay updated with market news and events to make informed choices during the Tokyo session.