Shaun Downey

Winner of the Technical Analysis Book of the Year 2014, Mapping Your Voyage of Discovery, Shaun Downey is a veteran of the markets and a globally recognized name in the world of Technical Analysis. He began his career in 1979 at age 16 with Rudolf Wolff Commodity brokers. Initially he specialized in Softs and Grains, then moved into the the oil market and eventually became head of FX hedging and market making. A switch to Fulton Prebon eighties saw him move into Bond trading and Options, followed by a move to Australia as Global Head of trading handling interest rate, commodity and currency risk. He has run various private funds and and traded all asset classes including individual stocks.

Shaun has been writing a variety of technical analysis commentaries for the professional and retail market since 1991, including EBS, (the largest FX portal in the professional market) and mentors his customer base who use his unique methods, based on his first book Trading Time: New Methods in Technical Analysis published in 2006. He spent 20 years at CQG where he had the unique opportunity to learn, create and test all things technical and brings a wealth of experience having met thousands of traders in dealing rooms around the world.

You can reach Shaun at: shaun.downey[a]


US Dollar holds key support

US Dollar Index rebounds from key weekly support level at 97.13, avoiding a closing violation, sends  buy signal  EURUSD sends negative signal, aims lower with risks increasing for a more bearish signal  GBPUSD stays bearish with Brexit concerns USDJPY sends small buys signals (but not from support), rebounding with equity markets corrections higher  AUDUSD pushing … Continued


GBP surges higher

GBPUSD bullish Dollar Index stays positive Please note, this video was made before the price moves from President Trump’s comments on tariffs and trade negotiations. 


FX markets await next trends

EURCAD still building on prior buy signal off of support US Dollar Index sets  back from key resistance USDJPY tracks equities back higher GBPUSD paralysed, post Brexit extension


Euro breaks down, GBPCAD threatens upside

US Dollar Index holds support and rebounds EURUSD seeds multiple negative signals, downside risks GBPUSD sends buy signal GBPCAD sets up more bullish AUDUSD negative and USDCAD buy signal USDTRY and USDBRL surge


Pound bullish across the board

US Dollar Index bear risks;  falters from resistance, poised at key support zone EURUSD positive bias GBPUSD support rebound, upside risks EURGBP capped by prior support as resistance, bear threat GBPAUD, GBPNZD, GBPCAD and GBPJPY upside risks


Dollar Index breaks up, Euro breaks down

US Dollar Index breakout higher through resistance and holds support EURUSD surrenders key support GBPUSD negative ahead of key Brexit votes AUDUSD stays bearish USDCAD bullish, holding support


US Dollar rally trying to reverse

US Dollar Index and EURUSD both reach major long standing USD resistance targets. BUT then signal potential reversals Reversal signals possible end of the USDJPY rally AUDUSD bear theme neutralised NZDUSD bullish threat


US Dollar sends bear signals

A significant impulsive breakdown in the US Dollar on Friday sends notable signals across FX pairs. Signals appear on the Dollar, Euro and Loonie. Pound breaks upwards. Focus on the US Dollar Index, EURUSD, GBPUSD, AUDUSD, NZDUSD and USDCAD.