FUNDAMENTAL & TECHNICAL ANAYSIS OF CRUDE OIL PRICES

The human mind is not as good at processing large amounts of information we might like. Psychologists have shown that beings are only able to juggle small numbers related and often conflicting pieces without making judgment errors. As a result, individuals faced with the vast available support investment decisions find themselves swamped by enormity task; unable see wood from trees. Technical analysis field financial markets research works address above problem focusing on single, commonly available, data source reflects all known activity relating monetary securities- Price history. analysts argue efficient, prices reflect they move over time participants react new changing needs.
 technical these price changes can provide real insight into market dynamics be used develop trade strategies exhibit superior risk/reward characteristics. While approaches developed significantly past few decades, some techniques far more ancient. their origins anonymous, Japanese candlestick charts been recorded being employed in rice back 1600s. What particularly interesting various ancient continue highly effective trading signals when applied modern securities.
 Crude oil volatility midst largest business risk gas companies face. This followed unstable policy regime, managing costs risks emerging technological advancements. high levels rapid fluctuations petroleum become great concern individual consumers, firms, makers society. Analysis forecasting future movements based an examination movements. Like weather forecasting, does result absolute predictions about future. Instead, help investors anticipate what "likely" happen time. uses wide variety show Hence, mitigate negative impacts predict movement crude natural use analysis.
 study action, primarily through charts, for purpose trends. term “market action” includes three principal action technician-price, volume open interest. paper highlights fundamental factor which affects Brent analysed correlated basis results forecasted next five years. Fundamental oil, pattern & has also carried out using tool.