The objective of this chapter is to apprise readers of basic techniques of technical analysis of financial market variables. Technical analysis is the study of past price movements with the intent of forecasting future price movements. It is an indispensible tool in order to take buy, sell or hold decisions in financial markets. Technical analysis is a vast subject and this chapter touches upon the basics of this subject, so that the readers can have a better understanding of this subject. The contents of this chapter are organized in the following order:
1. Introduction and Importance of Technical Analysis
3. Fundamental Analysis versus Technical Analysis
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