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
A quiet week sees the US Dollar retreat to first support (DXY forecast) The Euro reaches its upside target (EURUSD forecast) Major reversal on Euro-Pound (EURGBP forecast)
Minor positive appears on Euro (EURUSD forecast) Dollar-Yen continues to outperform (USDJPY forecast) Small positive appear on Aussie and Kiwi and negative on USDCAD (AUDUSD, NZDUSD and USDCAD forecasts)
Dollar Index and Dollar-Yen break up (DXY and USDJPY forecasts) Aussie and Kiwi post positives (AUDUSD and NZDUSD forecasts) EuroPound close to restarting the downtrend (EURGBP forecast)
A very quiet week sees resistance drop on the Dollar Index and lowers the breakout point (DXY forecast) Positive appears on Dollar-CAD (USDCAD forecast) A major buy signal appears on Euro-Pound (EURGBP forecast)
Dollar reverses (DXY forecast) Euro posts positive along with Pound (EURUSD and GBPUSD forecasts) Kiwi holds support and Dollar-CAD close to breaking down (NZDUSD and USDCAD forecasts)
Dollar Index break up (DXY forecast) Euro reaches first downside target (EURUSD forecast) Kiwi also hits support target (NZDUSD forecast)
Positives on the US Dollar Index (DXY forecast)Major negatives posted for Euro, Pound, Aussie, Kiwi and Canadian Dollar versus the US Dollar.Broad signals for a change in trend for the FX Majors (EURUSD, GBPUSD, AUDUSD, NZDUSD, USDCAD forecasts)Euro-Pound downtrend ends (EURGBP forecast)
The Pound , Aussie and Kiwi have no resistance (GBPUSD, AUDUSD, NZDUSD forecasts) US Dollar-CAD threatens to breakdown (USDCAD forecast) Euro-Pound continues its descent (EURGBP forecast)
Dollar Index confirms negative Pound breaks up Euro-Pound confirms downside break
US Dollar Index posts negative and Euro positive, but both signals need to be confirmed (DXY and EURUSD forecasts) Positives appear on both Aussie and Kiwi (AUDUSD and NZDUSD forecasts) Euro-Pound stays weak (EURGBP forecast)
Breakup point for the Dollar Index lowers (DXY Forecast) Most of the Majors are very choppy Russian Ruble focus (USDRUB forecast) US Dollar Breaks down against the Chinese Yuan (USDCNY forecast)
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 Index attempting to form a base. Urges caution on any short positions on Dollar against everything. Dollar-Yen Breaks up
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)
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)
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)
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)
Dollar index and Euro trapped (DXY and EURUSD forecasts) Pound finds support (GBPUSD forecast) Euro-Pound at pivotal point (EURGBP forecast)
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)
Euro and Pound move into sideways trends (EURUSD and GBPUSD forecasts) Dollar-Yen posts a negative (USDJPY forecast)
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)
US Dollar Index breaks key support (DXY forecast) Euro-Dollar breaks up (EURUSD forecast) Aussie-Dollar major resistance weakens (AUDUSD forecast)
Dollar Index posts a positive (DXY) Euro showing more negative (EURUSD) Time to book some profits on the Aussie (AUDUSD)
Pound respects major resistance (GBPUSD) Euro breaks down (EURUSD) Positives appear in Dollar-Yen, as it de-correlates from equities (USDJPY)
A quiet week sees Dollar Yen (USDJPY) extends gains Minor negatives on the Aussie (AUDUSD) and Kiwi (NZDUSD) represent partial profit taking points
Strong US Employment report (NFP data) creates a US Dollar reversal in a broad sideways pattern (EURUSD lower, US Dollar Index, DXY higher) Kiwi breaks up and targets .6675 (NZDUSD)
Euro breaks up and leaves a distant target (EURUSD) Aussie breaks higher (AUDUSD) Yen produces minor negative (USDJPY)
US Dollar Index confirms negatives (DXY) Euro Positive (EURUSD) Aussie holds support (AUDUSD) Pound breaks up against the Dollar and on the crosses (GBPUSD)
Dollar index stalls in weekly zone (DXY) Euro holds key support (EURUSD) Support strengthens in the Aussie (AUDUSD) Yen a hostage to the S&P 500 (USDJPY)
Dollar Index sell signal and breaks down through support EURUSD upside risk to 1.1497 GBPUSD buy signal from last Wednesday USDJPY at critical support! AUDUSD and NZDUSD buy signals