Fawad Razaqzada provides retail and professional traders succinct fundamental and technical analysis on his own website at TradingCandles.com. He is an experienced analyst and economist working for leading global FX brokers, most recently at FOREX.com and City Index. A graduate of Brunel University with a degree in economics, Mr. Razaqzada offers premium trade signals to subscribers, and trading education to help shorten the learning curves of developing traders. He covers a wide range of markets, including forex, commodities, stock indices, and cryptocurrencies. Mr. Razaqzada is an expert at reading price action, which together with his deep understanding of economics and market fundamental allows him to provide a unique style of financial market analysis. His market comments are regularly quoted by the leading financial publications such as Reuters and Market Watch.
The US dollar index came under renewed pressure on Thursday after Jobless Claims jumped, but clearly, investors are not in a hurry to bet the farm on any major FX trends, with big events taking place in the week ahead, states Fawad Razaqzada of Trading Candles.
Risk sentiment has improved markedly with the passage of the US debt ceiling deal through Congress, states Fawad Razaqzada of Trading Candles.
Gold found support along with the major FX pairs in the first half of Tuesday’s session, as the dollar and bond yields fell back after their eye-catching gains in recent weeks, states Fawad Razaqzada of Trading Candles.
The US dollar index was on course to end higher for the third straight week, although well off its best levels as it fell back in the first half of Friday’s session to relinquish the gains made in the previous day, states Fawad Razaqzada of Trading Candles.