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]


US Dollar (USD) resilience

A quiet week sees Dollar Yen (USDJPY) extends gains Minor negatives on the Aussie (AUDUSD) and Kiwi (NZDUSD) represent partial profit taking points


New Year signals Forex reversals

US Dollar Index (DXY), Euro Dollar (EURUSD), Aussie (AUDUSD) and Pound (GBPUSD) all signal reversals Uptrend ends in the Kiwi (NZDUSD)


Pound is in breakout mode (GBP)

The UK election is over, the Pound is in breakout mode against a variety of currencies (GBPUSD, EURGBP, GBPCHF, GBPAUD, GBPNZD, GBPCAD). US Dollar in bigger range highlighted by the US Dollar Index (DXY)


US Dollar positive reversal

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)


Cautious Forex through the Thanksgiving week

Very quiet conditions see minor negatives on the Dollar Index (DXY) Positives on the Euro (EURUSD) Markets tend to reverse or accelerate around holidays, so some action and bigger ranges should begin this week


Forex marking time

Minor negatives on Euro and Kiwi (EURUSD and NZDUSD) Dollar Yen (USDJPY) dictated by S&P 500, which is in breakout mode


US Dollar negative tone

Timing reversal on US Dollar Index creates a negative in a sideways trend. EURUSD posts opposite, positive signal to the US Dollar Index Aussie (AUDUSD) continues to underperform


Dollar Strength and Recovery

US Dollar Index Reverses back up in broad sideways trend Negatives on Euro (EURUSD) Aussie targets recent supports (AUDUSD)


Good News, Bad Action

US Dollar continues to slide in spite of a strong US Employment report The US Dollar Index downside target remains distant Upside targets for the major currencies  (EUR, GBP, JPY, AUD, NZD) are also some distance off


US Dollar extends losses

Euro breaks up and leaves a distant target (EURUSD) Aussie breaks higher (AUDUSD) Yen produces minor negative (USDJPY)


US Dollar Stays weakened

US Dollar Index confirms negatives (DXY) Euro Positive (EURUSD) Aussie holds support (AUDUSD) Pound breaks up against the Dollar and on the crosses (GBPUSD)


US Dollar weakens

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)


US Dollar stays strong

A quiet week sees Dollar Yen (USDJPY) hold key support.The Dollar Index (DXY) has fresh upside target.Euro Dollar (EURUSD) hones in on major downside target.


GBP weakness

Pound stays down (GBPUSD)Aussie reaches major downside target (AUDUSD)


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


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


NZDUSD breaks significantly higher

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


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


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


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 


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


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


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. 


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


US Dollar broadly firm after a quiet start to April

US Dollar Index poised, close to key resistance at 97.13 EURUSD sitting just above key support USDJPY grinding higher with equities  NZDUSD stays weak EURCAD rebounds from key support and points higher


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


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


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


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