Skip to Content
News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site. See our updated Privacy Policy here.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
More View More
Chart Types

Chart Types

Richard Krivo, Trading Instructor

Student’s Question:

What I would like to know is…are the forex charts always represented by candlesticks? Or is this just a way of describing the trends of the charts?

Instructor’s Response:

Each of the chart types is a way of visually depicting the movements made by price action within the various currency pairs. Depending on the charting package that you might be using, the movement can be represented by Lines, Bars or Candlesticks. Take a look at the three examples below…

These three are the most widely used methods of depicting price movement.

Of these three, candlesticks are by far the most widely used charting format. Traders have found that they provide all the key components of price information (high, low, open and close) with precision and in such a way that it all can be absorbed at a glance.

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.