Author

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]btinternet.com


Intermediate

Fed Causes Dollar to reverse

Negatives for the Dollar lead to positives on Euro Pound hits major downside target perfectly Negative for Dollar Yen but profit target close Kiwi breaks up Fresh yearly lows for Dollar Cad

Intermediate

US Dollar breaks higher

Broader US Dollar buys signals Dollar Index aims higher EURUSD aiming at initial downside target, 1.1176 GBPUSD approaches major downside support target, 1.2444 NZDUSD reverses lower

Intermediate

NZDUSD breaks significantly higher

US Dollar Index downside risks EURUSD consolidation USDJPY slightly positive  AUDUSD upside risks NZDUSD stays bullish  USDCAD bearish theme intact 

Expert

US Dollar weakness pervades

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

Expert

Dollar confirms weakness

US$ Index break below supports confirms prior week’s bear signal EURUSD aims higher to aim for 1.1497 and maybe 1.1617 GBPUSD and AUDUSD edging higher after buy signals NZDUSD at resistance USDJPY lacklustre rebound USDCAD plunge through key weekly level

Expert

Negatives on the US Dollar; GBPUSD bull signal

US Dollar Index send bear signal, BUT not from resistance  EURUSD currency pair positive signal GBPUSD FX rate bull signal from hidden support USDJPY rejects positive signal, aims at lower target  AUDUSD and NZDUSD Forex rates sideways USDCAD FX rate target is higher 

Expert

Forex consolidation, US Dollar strength correcting

US Dollar Index corrects lower, but up trend intact EURUSD reboundsGBPUSD down trend intactUSDJPY negative in broader rangeAUDUSD and NZDUSD send small, very short-term positive signalsUSDCAD sidewaysEURGBP trend stays higher

Expert

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

Expert

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. 

Intermediate

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

Expert

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

Expert

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

Expert

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

Expert

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

Expert

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.

Expert

Shaun Downey’s Weekly FX update; w/c 21-01-19

US Dollar Index builds on bullish signal with push through important resistance Minor posiitve on EURUSD GBPUSD hesitant EURGBP positive signal USDJPY upside risks AUDUSD and NZDUSD cautious AUDNZD upside risks

Expert

Shaun Downey’s Weekly Technical Analysis Update 20181217

Dollar Index holding above a key support level and close to top end of a range, risks stay higher EURUSD sideways but vulnerable to break lower and test key support, which should hold GBPUSD risks also lower, but looking at support to hold on a next leg lower AUDNZD remains positive 

Expert

Week 50 Midweek Update

GBPUSD reacts to Vote of No Confidence in PM May AUDUSD consolidation NZDUSD at resistance AUDNZD rebounds from below key target and sends bull signal GBPAUD base effort GBPNZD bear trend ending.

Expert

Shaun Downey’s Technical Analysis Update 20181129

Knee Jerk Dollar Reaction Not Enough to turn the trend for the Euro (EURUSD Stays Bearish) Fresh Signals Appear on the Yen Sell the Weakest, Buy the Strongest: Pound Aussie Continues to make New Lows (GBPAUD Bearish)

Expert

Shaun Downey’s Weekly Round up

Dollar Index tries to reassert uptrend Negative signals appear on the Euro The Pound breaks back down EURGBP finds support at the bottom of the sideways trend Crude Oil holds key to Loonie’s path

Expert

BitCoin Breaks Down

After a long period of sideways activity, Bitcoin price breaks lower and shifts the dynamic. Nearby supports are close by and represent the final “line in the sand” for bulls.

Expert

Technical Analysis Developments

Dollar Index reaches upside target and fails to close above it. Euro fails to get any flight to quality from Equity weakness and the Pound continues lower. Aussie and Kiwi show resilience.

Expert

Dollar Index breaks up and targets major monthly level

Dollar Index attempts to break and target major monthly level. The Pound fails to reach breakdown point and extends lower. The Euro has one more major support basis Spot and one on the Futures, that will come close to matching the Dollar Index point.

Expert

Pound Update

Early rally in the week fails at key resistance. Price then breaks down Thursday, leaving no immediate support

Expert

Introduction to 4th Dimension by Trading Time on GBPUSD (Cable)

The first of a new series of video analysis by Shaun Downey using his unique methods that concentrate on Support and Resistance and the patterns associated with them, from his book New Methods in Technical Analysis. This first video gives a brief insight into his methods and uses the current set up in the British Pound … Continued