Forex & Commodities markets are not always open. Times to the best of our ability are referenced in ET in the table below.
In the forex and commodities markets, prices can fluctuate even when markets are closed, leading to gaps. Instances when the market reopens at a different price than its previous closing price. Consequently, stop losses cannot be guaranteed, necessitating caution when maintaining open trades during market closures. Large gaps may result in the liquidation of positions or, alternatively, generate higher profits than initially projected, as volatility affects both directions.
Note that because there is a risk to the system even while the market is closed, funding continues to accrue while markets are paused alongside their traditional counterparts.