From what I’ve read, I think not only central banks but the greatest volume of currencies are also traded by commercial and investment banks. These banks facilitate forex transactions for their customers. However, central banks move the market by controlling the price of its native currency. They intervene in the currency market to stabilize the nation’s economy.
The forex market moves because of supply and demand. The main participants in the forex market include central banks, hedge funds, and financial institutions. Because of their big size in the market, which is over 50%, trading decisions by banks influence the forex market the most. However, socio-economic factors also move the forex market.
i think there is no one who can maintain the market , its a global currency trading place , not a minor deal there is at all.
i know no certinity in there but of course market has a own trend and it never breaks its own trend, i hope you got the message.
sometimes candlestick never follows at any trend , they move at random and most of the traders in that time above all beginners level lost their major equity.
It is the outcome of demand and supply. However, forex is a manipulative market. And more than 50% of the forex market is central banks. There trading decisions move the market and have the biggest impact.
I think they are more than that now. The people now have a swing at the market with their reactions, especially with social media now in play