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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
Gold was a little changed in the first half of Monday’s session. After closing last week, it was flat as it struggled for direction all week, notes Fawad Razaqzada, technical analyst at Trading Candles.
The US dollar, and consequently gold, experienced quite a bit of intra-day volatility on Friday due to weaker-than-expected US jobs data and a couple of Federal Reserve speeches, leaving uncertainty about whether the Fed will cut interest rates by 25 or 50 basis points on September 18, notes Fawad Razaqzada, technical analyst at Trading Candles.
The USD/CAD faces a big test this week. Not only do we have significantly important data from the US, but there’s also a rate decision across the northern border in Canada, states Fawad Razaqzada, technical analyst at Trading Candles.
As I have been banging on about it, gold finally reached the $2500 mark on Friday after a tight consolidation below it for several weeks, notes Fawad Razaqzada, technical analyst at Trading Candles.