Expert
Dollar switches trend to up
Published January 18, 2021Share:
US Dollar Index aims higher (DXY forecast) Euro breaks down – EURUSD forecast Major negatives appear on Pound (GBPUSD forecast) and Aussie (AUDUSD forecast)
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.
A Grandfathered member of the Society of Technical Analysts, Shaun's unique methods and studies are available on the CQG and eSignal platforms, whilst his individual Stock trading system and equity focused studies are being coded to be placed on the new Stockcharts.com platform in 2020.
Shaun looks after and mentors those who subscribe to his methods via a Slack portal that covers all asset classes worldwide, including Option Strategy analysis, for both the professional and retail market and provides consultancy education on All Things Technical.
Shaun is also a partner in Blue Ocean Trading Services www.bot-services.com which specializes in the Worldwide Agricultural/Shipping sector, providing Market Data platforms and solutions, weather analysis and hedging education through technical and option strategies.
Shaun is part of the London School of Wealth Management team where he contributes to the Technical Analysis and Option sections, and is also part of the www.onlinefinanceacademy.com group as their Technical Analysis and Option expert providing remote education.
Shaun's website, www.trading-time.com(currently being rebuilt) provides further insight to his methods via video and is where his books are available.
You can reach Shaun at: shaun.downey[a]aol.com
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Expert
USDollar trying to form a bottom
Published January 11, 2021Share:
US Dollar Index attempting to form a base. Urges caution on any short positions on Dollar against everything. Dollar-Yen Breaks up
Intermediate
US Dollar ends 2020 still very weak!
Published January 4, 2021Share:
Major reversal on Euro Pound Breaks up US Dollar-CAD fails at major resistance Kiwi support rises
Intermediate
Fresh lows on the US Dollar Index (DXY forecast)
Published December 21, 2020Share:
Bull breakout on Euro (EURUSD forecast) Pound surges, breaks out (GBPUSD forecast) Aussie bull signal (AUDUSD forecast) US Dollar-CAD downtrend ends (USDCAD forecast)
Expert
A busy week for Forex signals
Published December 14, 2020Share:
Euro posts negative Pound fails at monthly resistance. Dollar-Yen creates positive divergence Aussie breaks up
Expert
Dollar Breaks down, Euro Breaks up – DXY and EURUSD forecasts
Published December 7, 2020Share:
Dollar Index now showing a trend extreme. (DXY forecast) Pound reaches major upside target (GBPUSD forecast) Dollar Yen posts positive (USDYEN forecast) Dollar CAD breaks down (USDCAD forecast)
Expert
US Dollar stays weak as AUDUSD and USDCAD approach key levels
Published November 30, 2020Share:
Dollar Index reaches final major support (DXY forecast) Euro breaks up (EURUSD forecast) Pound posts negative (GBPUSD forecast) Aussie reaches major monthly resistance (AUDUSD forecast) Dollar-CAD approaches its major support zone (USDCAD forecast)
Expert
Quiet week sees US Dollar Drift lower (DXY)
Published November 23, 2020Share:
Cable breaks up – GBPUSD forecast Dollar-Yen fails at resistance – USDJPY forecast Kiwi outperforms Aussie – NZDUSD, AUDUSD and AUDNZD forecasts
Expert
Mixed signals from the US Dollar in “risk on” environment
Published November 16, 2020Share:
Positives on Dollar Index, but fails to develop – DXY forecast Euro fails at daily resistance – EURUSD forecast Yen stops at its daily resistance after buy signal and profit taking – USDJPY forecast Likewise on long Aussie and Kiwi positions – AUDUSD and NZDUSD forecasts US Dollar-CAD holds monthly support and rallies – USDCAD forecast
Expert
US Dollar bear signals across the Forex markets
Published November 9, 2020Share:
US Dollar Index posts negative and targets 91.76 weekly support (DXY forecast) DXY major level lies below at 91.06 (DXY forecast) Euro-Dollar posts positive and closes at final resistance, to the pip (EURUSD forecast) Aussie creates positive signal from within weekly support zone (AUDUSD forecast)
Expert
Aggressive “risk off” moves see US Dollar surge
Published November 2, 2020Share:
US Dollar Index breaks up but major resistance zone is near (DXY forecast) Euro-Dollar breaks down targets 1.1495 (EURUSD forecast) Aussie holds weekly support zone (AUDUSD forecast)
Intermediate
Forex markets sending multiple signals
Published October 26, 2020Share:
Euro and Pound reverse higher, BUT post fresh negative signals Friday (EURUSD and GBPUSD forecasts) Aussie holds major weekly support zone (AUDUSD forecast) DollarYen attempts to breakdown (USDJPY forecast)
Expert
Euro, Pound, Australian and New Zealand Dollars all point lower
Published October 19, 2020Share:
Euro and Pound post negatives with Euro support distant (EURUSD and GBPUSD forecasts) Aussie and Kiwi approach major weekly zones of support (AUDUSD and NZDUSD forecasts)
Intermediate
US Dollar back weak again as markets shift even more to “risk on”
Published October 12, 2020Share:
US Dollar Index breaks down (DXY forecast) Major support forms on Aussie and Kiwi (AUDUSD and NZDUSD forecast) USDCAD fails at weekly resistance and slumps (USDCAD forecast)
Expert
US Dollar starts to weaken again; EURGBP negative
Published October 5, 2020Share:
Negatives on the US Dollar Index (DXY Forecast) Positive signals on the Euro and Aussie to reach their first upside targets (EURUSD and AUDUSD Forecasts) A fresh negative appears for Euro-Pound (EURGBP Forecast) Dollar-CAD also pointing lower (USDCAD Forecast)
Expert
US Dollar strength fully resumes
Published September 28, 2020Share:
Dollar Index reaches major upside target and is at a pivotal point (DXY forecast) Euro-Dollar futures has major support close (EURUSD forecast) Aussie breaks key support (AUDUSD forecast) Kiwi posts major negative (NZDUSD forecast) USD-Loonie breaks up (USDCAD forecast)
Expert
US Dollar hesitant, Pound at key decision points
Published September 21, 2020Share:
Dollar index and Euro trapped (DXY and EURUSD forecasts) Pound finds support (GBPUSD forecast) Euro-Pound at pivotal point (EURGBP forecast)
Expert
Pound collapses!
Published September 14, 2020Share:
Dollar Index fails to break up – DXY forecast Euro holds support – EURUSD forecast Pound collapses and breaks below weekly support – GBPUSD forecast EuroPound accelerates higher – EURGBP forecast
Intermediate
Mixed US Dollar signals
Published September 7, 2020Share:
Dollar Index posts positive, but fails to break up (DXY forecast) Euro posts major negative but has not yet broken down (EURUSD forecast) Aussie reaches major monthly upside target and reverses (AUDUSD forecast)
Expert
US Dollar looking vulnerable
Published August 31, 2020Share:
Pound Breaks up (GBPUSD) Dollar-Yen close to breaking down (USDJPY) Aussie and Kiwi get close to major monthly upside targets (AUDUSD and NZDUSD) Euro-Pound breaks down (EURGBP)
Expert
Major reversal on Dollar Index (DXY)
Published August 24, 2020Share:
Negative signals on the Euro and Pound (EURUSD and GBPUSD forecasts) Aussie and Kiwi remain in sideways phase (AUDUSD and NZDUSD forecasts) Euro-Pound approaches major support (EURGBP forecast)
Expert
US Dollar forms support
Published August 17, 2020Share:
Euro and Pound move into sideways trends (EURUSD and GBPUSD forecasts) Dollar-Yen posts a negative (USDJPY forecast)
Intermediate
US Dollar recovery signals
Published August 10, 2020Share:
Dollar Index holds final support (DXY forecast) Euro uptrend ends (EURUSD forecast) Pound creates a major bull trap (GBPUSD forecast) Aussie signals negative pattern (AUDUSD forecast)
Intermediate
Forex Volatility Increases
Published August 3, 2020Share:
Dollar and Euro reverse sharply (DXY, EURUSD) Pound has bull trap above (GBPUSD) Aussie a bear trap below (AUDUSD) Euro-Pound breaks down (EURGBP)
Intermediate
US Dollar index breaks down
Published July 27, 2020Updated July 28th, 2020
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Euro-Dollar breaks up EURUSD forecastDollar-Yen closes at final daily support. USDJPY forecastAussie holds breakout level. AUDUSD forecast
Intermediate
Solid Euro theme
Published July 20, 2020Share:
Euro breaks Up (EURUSD) US Dollar Index holds key support (DXY) Negative appears on Cable (GBPUSD), sending EURGBP higher
Intermediate
Forex Focus
Published July 13, 2020Share:
Dollar Index holds key support (DXY) Minor reversal on Euro (EURUSD) Pound continues to trend up (GBPUSD)
Intermediate
Quiet conditions in Forex
Published July 3, 2020Share:
Positives appear on Aussie and Kiwi (AUDUSD and NZDUSD) Whilst Euro-Pound posts a major negative (EURGBP)
Intermediate
Euro, Pound and Australian Dollar supports under threat
Published June 29, 2020Share:
Euro-Dollar fails at first resistance – EURUSD forecast Pound threatens to break down once more – GBPUSD forecast Major support on Aussie evaporates – AUDUSD forecast
Expert
Dollar stays strong
Published June 22, 2020Share:
Dollar Index breaks up (DXY) Euro and Pound breakdown with support distant (EURUSD and GBPUSD)
Intermediate
US Dollar rebounds, looking firmer
Published June 15, 2020Share:
Fresh positive on the US Dollar Index with major zone of support just below (DXY forecast) Euro holds above critical daily support (EURUSD forecast) Big negatives on Aussie Dollar (AUDUSD forecast)
Intermediate
Dollar bounce
Published June 8, 2020Share:
Positive appears on Dollar Index, signalling the end of the downtrend – DXY Euro posts negative – EURUSD Aussie and Pound remain strong – AUDUSD and GBPUSD
Intermediate
US Dollar weakens across the Forex board
Published June 1, 2020Share:
US Dollar Index breaks key support (DXY forecast) Euro-Dollar breaks up (EURUSD forecast) Aussie-Dollar major resistance weakens (AUDUSD forecast)
Intermediate
A quiet week in the Forex Space
Published May 25, 2020Share:
US Dollar Index in a range (DXY Forecast) Euro reach an upside target and signals an end to the uptrend (EURUSD forecast) Elsewhere a minor positive in DollarCAD (USDCAD forecast)
Intermediate
Pound shows weakness against most cross rates
Published May 18, 2020Share:
Pound breaks down with support distant – GBPUSD Euro-Pound breaks up – EURGBP Elsewhere Forex markets stay fairly quiet
Expert
Mixed fortunes for the US Dollar
Published May 11, 2020Share:
Positive on Dollar Index as price rotates in broad sideways range (DXY) Negative on the Euro (EURUSD) Canadian Dollar firms as USDCAD breaks down
Intermediate
Mixed signals from Forex pairs
Published May 4, 2020Share:
US Dollar approaches major support (DXY) Big negative on Aussie (AUDUSD) Euro-Aussie reverses (EURAUD)
Intermediate
Forex Range Bound
Published April 27, 2020Share:
A quiet week saw a minor reversal and profit taking point for the US Dollar Index (DXY) EURUSD negative in a range Elsewhere currencies stuck in the middle of their ranges (GBPUSD, USDJPY, AUDUSD, NZDUSD, USDCAD)
Intermediate
US Dollar looking more positive
Published April 20, 2020Share:
Dollar Index posts a positive (DXY) Euro showing more negative (EURUSD) Time to book some profits on the Aussie (AUDUSD)
Intermediate
Shaun Downey’s Forex Focus – 13/04/20
Published April 13, 2020Share:
Euro rallies beyond its optimum point (EURUSD) Pound lies at a decision making point (GBPUSD) Markets reverse or accelerate around holidays
Expert
US Dollar stays firm, aiming higher
Published April 6, 2020Share:
Pound respects major resistance (GBPUSD) Euro breaks down (EURUSD) Positives appear in Dollar-Yen, as it de-correlates from equities (USDJPY)
Intermediate
Dollar reverses, breaks key support (DXY)
Published March 30, 2020Share:
Euro breaks up (EURUSD) Pound hits major resistance (GBPUSD) Dollar-Yen refuses to rise with equities (USDJPY)
Expert
US Dollar bullish breaks
Published March 23, 2020Share:
Dollar breaks up and forms short term exhaustion pattern (DXY) Similar exhaustion shows on the Pound along with the Aussie (GBPUSD and AUDUSD) Euro-Pound signals a fresh exhaustion and powerful reversal pattern (EURGBP)
Intermediate
US Dollar reverses
Published March 16, 2020Share:
Major bull reversal in US Dollar reaches upside target (DXY) Powerful downside reversal in Euro (EURUSD) Pound breaks down and targets final support (GBPUSD) Reversal in Canadian Dollar signals trend possibly ending (USDCAD)
Expert
Dollar Extends losses
Published March 9, 2020Share:
Dollar Index breaks weekly support (DXY) Dollar Yen targets major support (USDJPY) EuroPound hits high probability extreme (EURGBP)
Expert
Safe haven buying!
Published March 2, 2020Share:
Safe haven buying creates Yen and Euro strength (USDJPY, EURUSD) Euro/Pound holds support and reaches upside target (EURGBP) USDCAD breaks higher and hits upside target Aussie posts an exhaustion low (AUDUSD)
Intermediate
Reversals in Euro (EURUSD) and Dollar Index (DXY) still to be confirmed
Published February 23, 2020Share:
Dollar-Yen breaks up (USDJPY) Aussie breaks down (AUDUSD) Euro-Pound holds key support (EURGBP)
Expert
Dollar Index gets close to final major resistance (DXY)
Published February 17, 2020Share:
Euro breaks down (EURUSD) Kiwi holds final support to the tick (NZDUSD) EuroPound approaches key downside point (EURGBP)
Intermediate
Euro approaches major support zone (EURUSD)
Published February 10, 2020Share:
EURUSD bearish and aims at key support Aussie breaks down (AUDUSD) Cable bear signal (GBPUSD)
Intermediate
Major reversal on US Dollar Index (DXY) in a broad sideways trend
Published February 3, 2020Share:
Positive signal on Euro (EURUSD) Downside risk for USDJPY Aussie hits final major support zone (AUDUSD)