Crude oil Technical Analysis update
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    Crude oil Technical Analysis update
    Crude Oil Technical Analysis

    Dear members apko maloom hona chye ky crude oil ko black gold kaha jata hai UAE aor bahot sary countries ki economy oil py depending hai. Forex trading market ma oil ki bahot he importance hai is leay apko is ky bary ma bhi complete information honi chue. Crude oil ko kon kon sy factors affecting krty hain apko pta hona zarori hai.crude oil ko fundamental factors aor external factors bahot affect krty hain .

    Crude Oil Affecting Crude oil movement

    Apko maloom hona chye ky oil ki prices high hoti haain to global world affect hoti haai. Inflation increase ho jati hai har chez mehngi ho jati hai. Jub bhi koi ghair yaqeeni halat peda hoty hain to oil ki prices gir jati hain. Is sy babot faida bhi hota haai. Jesy ky ao sub ny dekha ky oil ki prices jesy he up ho rahi then ghurbat ka tannasub brh raha tha. Is leay is ko black gold kaha jata haai. OPEC countries jo ky oil production deti hai un ki apni aik union hai jis ma sub countries decided krti hain ky oil supply aor demand kya honi chue prices control krni hain ya increase krni hain is wajah sy yeh bahit important topic bhi hai.



    Technical Analysis with RSI Indicators

    Dear forex members oil ki price currently 72.35py haai aor RSI ki reading bhi below 79 hai jis sy aoko andaza lga lena chye ky market ma overbought situation nhi haai oil ki prices mazeed up bhi ja sakti hain. Lehaza abi apko trade entry ky leay wait krna chue agr to daily candle bullish tune hoti hai to hamen market ma bulish opportunity leni chue other wise RSI ki reading 70 py jay to sell opportunity ly sakty hain aor apna stoploss apko best manage krna hai ta ky apko limited loss ho breakout ki surat ma.waiay ab prices 67 ko cross r gai haain. Agr to 67 sy below jati haai to main trend bearish he bn jaay ga.

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