Fawad Razaqzada

Fawad is an established analyst with 10 years' experience in the city across a range of asset classes with particular expertise in global macro and technical analysis. He has consistently provided high-quality commentary and trading education; has extensive experience in hosting trading webinars and liaising with financial journalists. Fawad has a deep knowledge of fundamental drivers of FX, indices, gold and oil, but his expertise in technical analysis allows him to cover any market including individual stocks and cryptos. Fawad also trades his own account and has managed family funds.

Gold and silver likely to break out

Thanks to falling yields, precious metals are looking constructive again. Gold has rebounded after testing the $1810 support level for the past two days and it looks poised to break its bearish trend line around $1825/30 as it continues to make bullish price action beneath it: Silver has already broken from its falling wedge pattern: …

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AUD/NZD is potentially heading to 1.10+

The AUD/NZD is looking very bullish in my view and I think it will break to a new high above 2020’s peak in the coming weeks, so here is one way to take advantage of the potential rally. Before I share my long idea, let’s take a look at the monthly chart, below, which shows …

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USD/CAD bottoming out?

Thanks to the rising US bond yields, a number of major FX pairs have recently reversed their trends. The USD/CAD has so far resisted the US dollar’s pressure because of rising oil prices (Canada’s major export commodity). But if the US dollar continues to rise against other currencies, the downtrend for the USD/CAD will likely …

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Some before and after trades taken in Feb 2021

Thread Reader Fawad Razaqzada Follow @Trader_F_R Several #FX trades hit targets for private group. Before/after charts in this thread to show you what we traded, how we managed the risk and what we made. Lots of lessons to be learned, but the key takeaway point is this: trade with the trend. First one: #CADJPY #EURJPY …

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EUR/CHF Resurrection: Advantages of Entering Before Breakout

Waiting to pull the trigger is important under certain conditions, especially when you are not so sure about the directional bias. But if you have a strong conviction about something then why wait? Indeed, you can double up when you are proven right.

Thoughts on EUR/USD at 1.20ish

The EUR/USD has finally dipped back to long-term support around 1.20ish and I see a lot of bearish commentary around it. The bigger picture is still bullish as per the weekly chart, so I will be actively looking to go long on the first sign of a bull signal on the daily or lower time …

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CAD/JPY could follow GBP/JPY lead and break higher

Thanks to ongoing risk-on and reflationary trades, stock and crude oil markets extended their gains on Thursday, while safe-haven Japanese yen and gold sold off. The USD/JPY was among the best USD pairs, while other yen pairs also rallied – most notably, the GBP/JPY thanks to a hawkish Bank of England. Investors are now looking …

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