Power Course Instructor’s Response:
It is a way of describing/depicting the movements of the currency pairs. Depending on the charting package that you might be using, the movement can be represented by candlesticks, bars or lines...check the examples below...
Candlestick charts are far and away the most widely used charting format as they provide all the key pieces of price information (high, low, open and close) are accurately depicted and can be identified in glance.
DailyFX provides forex news on the economic reports and political events that influence the currency market.
Learn currency trading with a free practice account and charts from FXCM.
