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Line Charts

These are the most straightforward type of forex chart to read so they are a good starting point for new traders. However, they don’t give as much information as some of the other chart types.

A line chart is simply a line between one closing price to the next. It can give traders an overall feel for how a currency pair has performed during a specific timeframe.

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CFD Trading on financial markets carries risks. Before deciding to trade, you need to ensure that you understand the risks involved.