Close and Open

Beginner Questions
1

Guys, i am currently looking at Eur/Usd 30m chart, i saw a weird thing which the closed is 1.30084 and the next candlestick open price is 1.29904. How come this will happen? Can anyone explain for me to understand?

  • Please take note that the figure given is just an example.
2

It’s called a gap and can happen primarily due to events which happened when the market were closed (usually over the weekend).