Shaun Downey

Shaun Downey

Editor

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


Intermediate

Pound on a Rollercoaster!

Euro-Pound hits upside target (EURGBP forecast) Cable rebound still caped by resistance (GBPUSD forecast) Minor supports form for commodity currencies, but still vulnerable (AUDUSD, NZDUSD and USDCAD forecasts)

Intermediate

US Dollar Stays Strong as Pound Collapses

US Dollar Index breaks up (DXY forecast)  Euro & Pound break down (EURUSD & GBPUSD forecasts)  Dollar-Yen posts negative (USDJPY forecast)  Euro-Pound and Dollar-CAD continue uptrends (EURGBP & USDCAD forecasts) 

Intermediate

Pound Under Bear Pressures

Euro-Pound breaks to the upside  (EURGBP forecast) Cable teeters over the edge (GBPUSD forecast) US Dollar-CAD breaks higher (USDCAD forecast)

Intermediate

GBPUSD Holds Final Major Support

Pound holds critical support (GBPUSD forecast) US Dollar Index retreats and is back in sideways  (DXY forecast) EuroYen reaches major upside target  (EURJPY forecast)

Intermediate

US Dollar Retreats

US Dollar Index sets back (DXY forecast)  US DollarYen false break out higher (USDJPY forecast)  Major support lies below on EuroYen (EURJPY forecast)

Intermediate

Dollar remains King!

US Dollar Index hits major target (DXY forecast) Euro also reaches major level (EURUSD forecast) US Dollar-Yen breaks up (USDJPY forecast)

Intermediate

US Dollar Surges Again

US Dollar Index Extends Bull Trend (DXY forecast) Euro Continues its Bear Trend (EURUSD forecast)

Intermediate

US Dollar Attacks Highs

The US Dollar Index Approaches Multi-Year Peak (DXY forecast) Aussie & Kiwi Dollars Break Down ( AUDUSD and NZDUSD forecasts ) Euro Vulnerable Too (EURUSD forecast) Pound Creates Major Support (GBPUSD forecast)

Intermediate

The US Dollar is King

Euro breaks down (EURUSD forecast) But US Dollar Index stops at a major upside resistance (DXY forecast) Kiwi breaks final support (NZDUSD forecast)

Intermediate

US Dollar strength!

US Dollar Index breaks up (DXY forecast)  But Euro-Dollar does not break down (EURUSD forecast)  Blow off tops on Aussie and Kiwi  (AUDUSD and NZDUSD forecasts) 

Intermediate

USDJPY surges, Commodity currencies rally

US Dollar-Yen continue its march higher (USDJPY forecast)  Aussie approach major resistance  (AUDUSD forecast)  US Dollar-CAD continues its breakdown  (USDCAD forecast) 

Intermediate

US Dollar supports under pressure

Reversal on US Dollar Index but key support held (DXY forecast)  Pound reaches breakout point (GBPUSD forecast)  US Dollar-Yen reaches major upside target (USDJPY forecast)  

Intermediate

US Dollar strong within G3

Euro Future hits major downside target (EURUSD forecast)  Pound breaks down  (GBPUSD forecast)  US Dollar-Yen breaks up  (USDJPY forecast) 

Intermediate

Euro recovery tops out

Euro tops out at major resistance to the tick on Thursday (EURUSD forecast) Euro-Pound tops out at its monthly resistance (EURGBP forecast) Positive appears on US Dollar-CAD (USDCAD forecast) US DollarYen reaches upside target (USDJPY forecast)

Intermediate

US Dollar reverses lower, Euro surges

US Dollar Index posts major negative (DXY forecast) Euro signals major positive (EURUSD forecast) Uptrend over on Pound (GBPUSD forecast) Aussie posts fresh negative (AUDUSD forecast)

Intermediate

US Dollar surges, still bullish!

US Dollar breaks up (DXY forecast) Euro breaks down (EURUSD forecast) Aussie breaks final major support Kiwi accelerates lower

Intermediate

Positive US Dollar tone

A  quiet week sees Pound, Aussie and Kiwi retreat (GBPUSD, AUDUSD, NZDUSD forecasts)  The US Dollar Index reaches first upside target (DXY  forecast)  A major positive appears on EuroPound (EURGBP forecast)

Intermediate

Mixed US Dollar Signals

US Dollar Index hits major support and posts positive (DXY forecast) Pound uptrend over (GBPUSD forecast) Negatives appear on Aussie and Kiwi (AUDUSD and NZDUSD forecasts) Dollar-CAD reverses (USDCAD forecast)

Intermediate

US Dollar breaking major resistances versus AUD and NZD

Aussie Dollar reaches major downside target (AUDUSD forecast) Kiwi breaks down  (NZDUSD forecast) Support rises on the Dollar Index  (DXY forecast) Cable sits just above final weekly based support  (GBPUSD forecast)

Intermediate

US Dollar sustains significant losses within G3

US Dollar Index posts major negative (DXY forecast) Euro-Dollar a positive (EURUSD forecast) USD-JPY breaks down (USDJPY forecast) Aussie Dollar approaches major support (AUDUSD forecast)

Intermediate

Broad US Dollar strength

US Dollar Index breaks up (DXY forecast)  Euro breaks down (EURUSD forecast)  Partial profits in order on the Aussie  (AUDUSD forecast) 

Intermediate

Positive US Dollar signals

Major positive on the US Dollar Index, but needs confirmation (DXY forecast)  Negative on Euro-US Dollar (again, needing confirmation, EURUSD forecast) 

Intermediate

Euro Futures fail at key resistance

Negatives appear on Cable (GBPUSD forecast) Aussie and Kiwi also post negatives  (AUDUSD and NZDUSD forecasts) US Dollar-Yen uptrend ends  (USDJPY forecast)

Intermediate

Mixed signals again from the US Dollar

US Dollar Index remains trapped (DXY forecast) Euro-Dollar posts rare positive pattern (EURUSD forecast) US Dollar-Yen accelerates up (USDJPY forecast)

Intermediate

Forex markets mark time through US Jobs report

US Dollar Index goes sideways (DXY forecast) Euro-Dollar has major support below (EURUSD forecast) US Dollar-Yen breaks up (USDJPY forecast) Positive appears on Euro-Pound ahead of major support (EURGBP forecast)

Intermediate

Dollar Stalls

The US Dollar Index stalled in a major resistance zone and posts negative meaning profits taken on long positions.  US Dollar-Yen posts false breakout up and builds reversal

Intermediate

Key Forex technical levels in focus

Aussie holds support  (AUDUSD forecast) A negative on USD-CAD  (USDCAD forecast) A major “Bear Trap” lies below on the Euro-Dollar (EURUSD forecast)

Intermediate

US Dollar shows broad strength

US Dollar Index breaks up (DXY forecast)  Euro breaks down, but futures has a major support nearby  (EURUSD forecast)  Aussie drifts down  (AUDUSD forecast)  Dollar-CAD breaks up  (USDCAD forecast) 

Expert

Major Negative on US Dollar Index

Negative USD signal (DXY forecast) Positive on Euro (EURUSD forecast) Pound holds support (GBPUSD forecast) So does Euro-Pound (EURGBP forecast)

Intermediate

US Dollar posts positive signals

Positive on the US Dollar (DXY forecast) Negative on Pound  (GBPUSD forecast) Aussie threatens to break down  (AUDUSD forecast)

Beginner

Euro needs to confirm negative pattern

Euro negative threat (EURUSD forecast) US Dollar Index close to key resistance (DXY forecast) Pound breaks lower (GBPUSD forecast) Aussie posts negative with no support (AUDUSD forecast) US Dollar-CAD breaks up (USDCAD forecast)

Intermediate

Risk of a negative US Dollar correction

Dollar Index posts negative (DXY forecast) Euro positive after holding key support  (EURUSD forecast) Pound posts positive at support (GBPUSD forecast) Kiwi holds major weekly and monthly support (NZDUSD forecast)

Expert

US Dollar holds key support

US Dollar support focus (DXY forecast) Pound send positive signal, but resistance above (GBPUSD forecast) Positives also on Aussie and Kiwi, but still see resistances (AUDUSD and NZDUSD forecasts) Negatives on US Dollar-CAD signals end of uptrend (USDCAD forecast)

Expert

US Dollar surges after a more hawkish Fed

Euro breaks down (EURUSD forecast) Pound support disappears (GBPUSD forecast) Aussie breaks down and Kiwi closes below major support  (AUDUSD and NZDUSD forecasts) US Dollar-CAD breaks up  (USDCAD forecast)

Intermediate

Dollar holds key support

Dollar Index holds key weekly support Key support rises on the Euro Negative appears on Dollar Yen Negative also seen on Pound. Tug of war in Dollar-CAD, awaiting the breakout.

Expert

US Dollar Holds Key Final Support

Positives appear on US Dollar-Yen (USDJPY forecast) Negative signalled on Aussie  (AUDUSD forecast) Dollar-CAD posts extremely rare positives!  (USDCAD forecast)

Intermediate

US Dollar testing (but holding) critical support

Dollar Index repeatedly holds final critical support (DXY forecast)  Negative on Dollar-Yen (USDJPY forecast)  And on Kiwi (NZDUSD forecast)  These need to be confirmed by a breakdown through support