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About Fawad
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.
Fawad's Articles
With no clear new catalysts emerging, markets appear hesitant to fully commit to a seasonal year-end rally. The S&P 500 Index (^SPX) has remained locked in a tight consolidation range since late November, failing to push to fresh highs. On the upside, 6,900 remains the level to beat, advises Fawad Razaqzada, technical analyst at TradingCandles.
Fawad Razaqzada
TECHNICAL ANALYSIS
Tickers: SPX
Tech stocks – the darlings of Wall Street’s Artificial Intelligence (AI)-driven boom this year – are starting to lag a little bit. Looking at the chart of the Nasdaq 100, there is no question about the long-term trend which remains bullish. But in the short-term, we have seen a few lower highs form as the index hit an exhaustion level at the end of October, advises Fawad Razaqzada, technical analyst at TradingCandles.
Fawad Razaqzada
TECHNICAL ANALYSIS
Tickers: QQQ
Following some recent weakness, we saw a good recovery Wednesday in risk assets, leaving the major indices with bullish-looking price candles. Let’s take a look at the technical picture of the S&P 500 Index (^SPX), which shows an overall bullish structure, observes Fawad Razaqzada, technical analyst at TradingCandles.
Fawad Razaqzada
TECHNICAL ANALYSIS
Tickers: SPX
The US Dollar Index has come under pressure this week, with the yen emerging as one of the strongest performers across FX market. From a technical perspective, the USD/JPY chart is starting to show a few bearish signs again after being neutral for much of the summer, writes Fawad Razaqzada, technical analyst at Trading Candles.
Fawad Razaqzada
TECHNICAL ANALYSIS