Why Do I Not Have a Friday Daily Candle

The Forex Market opens every week on Sunday at 5:00 pm ET and starts forming new candles. Each candle runs for 24 hours. Each day the daily candle starts at 5:00 pm ET, but the market closes when the Friday candle should start. Therefore, there is never a Friday candle on a daily chart. See the illustration below for a daily walkthrough.

 


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