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 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 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 group as their Technical Analysis and Option expert providing remote education.

Shaun's website, 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]


Dollar switches trend to up

US Dollar Index aims higher (DXY forecast) Euro breaks down – EURUSD forecast Major negatives appear on Pound (GBPUSD forecast) and Aussie (AUDUSD forecast)


US Dollar stays weak as AUDUSD and USDCAD approach key levels

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)


Mixed signals from the US Dollar in “risk on” environment

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


US Dollar bear signals across the Forex markets

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)


Forex markets sending multiple signals

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)


US Dollar starts to weaken again; EURGBP negative

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)


US Dollar strength fully resumes

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)


Pound collapses!

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


Mixed US Dollar signals

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)


US Dollar looking vulnerable

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)


Major reversal on Dollar Index (DXY)

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)


US Dollar forms support

Euro and Pound move into sideways trends (EURUSD and GBPUSD forecasts) Dollar-Yen posts a negative (USDJPY forecast)


US Dollar recovery signals

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)


Forex Volatility Increases

Dollar and Euro reverse sharply (DXY, EURUSD) Pound has bull trap above (GBPUSD) Aussie a bear trap below (AUDUSD) Euro-Pound breaks down (EURGBP)


US Dollar index breaks down

Euro-Dollar breaks up EURUSD forecastDollar-Yen closes at final daily support. USDJPY forecastAussie holds breakout level. AUDUSD forecast


Solid Euro theme

Euro breaks Up (EURUSD) US Dollar Index holds key support (DXY) Negative appears on Cable (GBPUSD), sending EURGBP higher


Forex Focus

Dollar Index holds key support (DXY) Minor reversal on Euro (EURUSD) Pound continues to trend up (GBPUSD)


Quiet conditions in Forex

Positives appear on Aussie and Kiwi (AUDUSD and NZDUSD) Whilst Euro-Pound posts a major negative (EURGBP)


Dollar stays strong

Dollar Index breaks up (DXY) Euro and Pound breakdown with support distant (EURUSD and GBPUSD)


US Dollar rebounds, looking firmer

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)


Dollar bounce

Positive appears on Dollar Index, signalling the end of the downtrend – DXY Euro posts negative – EURUSD Aussie and Pound remain strong – AUDUSD and GBPUSD


A quiet week in the Forex Space

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)


Mixed fortunes for the US Dollar

Positive on Dollar Index as price rotates in broad sideways range (DXY) Negative on the Euro (EURUSD) Canadian Dollar firms as USDCAD breaks down


Forex Range Bound

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)


US Dollar bullish breaks

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)


US Dollar reverses

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)


Dollar Extends losses

Dollar Index breaks weekly support (DXY) Dollar Yen targets major support (USDJPY) EuroPound hits high probability extreme (EURGBP)


Safe haven buying!

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)