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.

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 …

Some before and after trades taken in Feb 2021 Read More »

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 …

CAD/JPY could follow GBP/JPY lead and break higher Read More »

Gold and silver defending key support levels

Following last week’s big sell-off, gold and silver have both managed to cling on to their respective key support levels as investors weigh conflicting macro factors. With the recent rebound in bond yields, the outlook on the metals have become a little uncertain, but I am still of the view that both will rise further …

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Has GBP/USD cleared the way to 1.40?

The pound could be among the best-performing currencies in 2021 now that a no-deal Brexit has been avoided. With the UK also being among the first countries to roll out the Covid vaccines, I reckon the economy could rebound sharply once lockdowns end. Forward-looking investors are thus likely to buy the dips in the pound. …

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Gold testing KEY support

Will it hold or fold? Gold and silver have dropped sharply today as investors chose to put their money in the racier equity markets instead, owing to speculation that a Democratic sweep in the Senate could usher in further fiscal support for the economy. The dollar rebounded and yields rose, causing non-yielding precious metals to …

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GBP/USD likely heading to 1.40s

The GBP/USD is currently stuck between a hard place and a rock, but I think it will rise further over time. Although right now it is facing resistance due to fears over the economic impact of the latest national lockdown, the downside looks to be limited. I think the cable will be provided stronger support …

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