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When Does M6E (Micro EUR USD Futures) Actually Move? Hourly Ranges on 1 minute Charts

Educational reference. Measured from 66,553 recorded 1 minute bars of Micro Euro FX through October 30, 2026.

04:00 is the busiest hour, averaging 0.0001 per bar — 0.0× the quietest hour at 18:00.

The same stop is a different stop at different times of day. This is the median high to low range of a single 1 minute bar of Micro Euro FX, hour by hour, measured from 66,553 recorded bars over the last 90 days.

Hour (ET)Median rangeBars
00:000.00002,038
01:000.00002,248
02:000.00003,000
03:000.00003,232
04:000.00013,230
05:000.00003,111
06:000.00003,063
07:000.00003,186
08:000.00013,527
09:000.00013,675
10:000.00013,718
11:000.00013,612
12:000.00013,312
13:000.00003,088
14:000.00003,058
15:000.00002,900
16:000.00002,683
17:000.000165
18:000.00002,218
19:000.00001,994
20:000.00002,592
21:000.00002,529
22:000.00002,326
23:000.00002,148

The spread across the day

The busiest hour is 04:00, averaging 0.0001 per bar. The quietest is 18:00 at 0.0000. That is a 0.0× difference across the same instrument, the same timeframe, the same trading day.

A stop sized for 18:00 conditions will be caught routinely at 04:00, and a stop sized for 04:00 gives away far more than it needs to overnight. The same number of points does not mean the same thing at every hour.

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How this was measured

Every 1 minute bar of Micro Euro FX recorded in the last 90 days was grouped by the hour it opened, in Eastern time. The figure shown is the median of high minus low within each group — the middle bar of that hour, not the average, so a single outlier session cannot distort it. Hours with fewer than 60 recorded bars are omitted rather than shown on thin evidence.

These are recorded market ranges, not predictions. Nothing on this page is a projection.

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