Intermediate
Japanese Yen and US Dollar safe haven bid
Published January 27, 2020Share:
Dollar Index attempts to break up (DXY) Euro aims lower, targets 1.0970 (EURUSD) Dollar Yen extends losses (USDJPY)
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 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
Share:
Intermediate
US Dollar (USD) resilience
Published January 20, 2020Share:
A quiet week sees Dollar Yen (USDJPY) extends gains Minor negatives on the Aussie (AUDUSD) and Kiwi (NZDUSD) represent partial profit taking points
Expert
Previous signals confirmed with US Dollar strength
Published January 13, 2020Share:
US Dollar rotates up (DXY) Euro down (EURUSD) Pound hovers above final short term support (GBPUSD) Major signals in the Japanese Yen (USDJPY bullish) and Canadian Dollar (USDCAD bullish).
Expert
New Year signals Forex reversals
Published January 6, 2020Share:
US Dollar Index (DXY), Euro Dollar (EURUSD), Aussie (AUDUSD) and Pound (GBPUSD) all signal reversals Uptrend ends in the Kiwi (NZDUSD)
Intermediate
Pound reverses sharply across the board having reached a major upside target on Cable (GBPUSD)
Published December 23, 2019Share:
Elsewhere largely featureless Forex activity A minor positive on the US Dollar Minor EURUSD negative GBPUSD major sell signal GBP cross rates all show Pound negative (EURGBP, GBPJPY, GBPAUD, GBPNZD, GBPCAD)
Intermediate
Pound is in breakout mode (GBP)
Published December 16, 2019Share:
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)
Intermediate
US Dollar positive reversal
Published December 9, 2019Share:
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)
Intermediate
Cautious Forex through the Thanksgiving week
Published December 2, 2019Share:
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
Intermediate
Forex marking time
Published November 25, 2019Share:
Minor negatives on Euro and Kiwi (EURUSD and NZDUSD) Dollar Yen (USDJPY) dictated by S&P 500, which is in breakout mode
Intermediate
US Dollar negative tone
Published November 17, 2019Share:
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
Expert
Dollar Strength and Recovery
Published November 11, 2019Share:
US Dollar Index Reverses back up in broad sideways trend Negatives on Euro (EURUSD) Aussie targets recent supports (AUDUSD)
Intermediate
Good News, Bad Action
Published November 4, 2019Share:
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
Expert
US Dollar extends losses
Published October 21, 2019Share:
Euro breaks up and leaves a distant target (EURUSD) Aussie breaks higher (AUDUSD) Yen produces minor negative (USDJPY)
Intermediate
US Dollar Stays weakened
Published October 14, 2019Share:
US Dollar Index confirms negatives (DXY) Euro Positive (EURUSD) Aussie holds support (AUDUSD) Pound breaks up against the Dollar and on the crosses (GBPUSD)
Intermediate
US Dollar weakens
Published October 7, 2019Share:
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)
Expert
Forex signals abound – Fxexplained.co.uk
Published September 30, 2019Share:
Euro reaches major downside target and bear trap (EURUSD) Dollar Index (DXY) stops in the powerful overhead zone. Major signals indicate end of Kiwi downtrend (NZDUSD)
Intermediate
Forex consolidation – Shaun Downey for FxExplained.co.uk
Published September 23, 2019Share:
Quiet Forex conditions Subtle shifts in weekly support and resistance changing the outlook Awaiting breakouts
Expert
Shaun Downey’s Forex Update – Risk On
Published September 16, 2019Share:
Pound reaches major upside target (GBPUSD) DollarYen breaks up (USDJPY) Aussie extends higher (AUDUSD) and breaks up against Kiwi (AUDNZD)
Intermediate
Minor reversal on Dollar (US Dollar Index, DXY)
Published September 9, 2019Share:
Major signal on the Pound (GBPUSD) Aussie and Kiwi break out from major support (AUDUSD and NZDUSD)
Intermediate
US Dollar stays strong
Published September 1, 2019Share:
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.
Intermediate
Pound strengthens versus US Dollar and Euro
Published August 26, 2019Share:
Pound breaks up (GBPUSD) Euro Pound breaks down (EURGBP)
Intermediate
AUDUSD setting up more positive as EURUSD looks negative
Published August 18, 2019Share:
Minor negative on Euro (EURUSD)Positives build on Aussie (AUDUSD), awaits breakout confirmationPound(GBPUSD) downtrend ends
Intermediate
GBP weakness
Published August 12, 2019Share:
Pound stays down (GBPUSD)Aussie reaches major downside target (AUDUSD)
Intermediate
Profit taking point on Dollar
Published August 5, 2019Share:
Aussie reaches downside target Pound continues lower. Stop lowered. Yen Breaks down but risk wide.
Intermediate
Dollar confirms buy signal
Published July 28, 2019Share:
Yen extends higher Kiwi reaches upside target Pound breaks down Aussie targets 0.6770
Intermediate
Positives on Dollar in Broad sideways trend
Published July 22, 2019Share:
Pound needs to hold key support to the tick. Positives on Dollar Yen at major support. Kiwi stops shy of upside target. Dollar Cad fails at breakdown point
Intermediate
Fed Causes Dollar to reverse
Published July 15, 2019Share:
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
Published July 8, 2019Share:
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
Published July 1, 2019Share:
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
Published June 24, 2019Share:
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
FX conditions stay broadly quiet, but NZD sends negative signals
Published June 17, 2019Share:
Dollar index no longer negative EURUSD no longer positive NZDUSD Big signal on Monday only to collapse on Friday
Expert
Dollar confirms weakness
Published June 11, 2019Share:
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
Published June 3, 2019Share:
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
Published May 27, 2019Share:
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
Published May 20, 2019Updated June 3rd, 2019
Share:
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
A quiet week in FX after equity volatility
Published May 13, 2019Share:
EURUSD modestly bullish US Dollar Index slightly negative
Expert
GBP surges higher
Published May 6, 2019Share:
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.
Expert
A quiet week for Forex markets sees the US Dollar still in control
Published April 29, 2019Share:
US Dollar Index breaks above and closes through key weekly resistance EURUSD violates notable low, stays weak USDJPY sell signal
Expert
Forex markets tend to reverse/ accelerate into holidays
Published April 23, 2019Share:
US Dollar Index closes right at final key resistance EURUSD not as negative as US Dollar Index is positive GBPUSD vulnerable NZDUSD negative signal, poised at key support EURCAD long exited
Intermediate
FX markets await next trends
Published April 15, 2019Updated April 22nd, 2019
Share:
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
US Dollar broadly firm after a quiet start to April
Published April 8, 2019Updated April 22nd, 2019
Share:
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
Expert
Dollar Index approaches major resistance
Published April 1, 2019Updated April 22nd, 2019
Share:
US Dollar eyes key resistance. Euro future and GBPUSD poised at support. Negative signal on USDCAD.
Expert
Euro breaks down, GBPCAD threatens upside
Published March 25, 2019Updated June 2nd, 2019
Share:
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
Published March 18, 2019Updated June 2nd, 2019
Share:
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
Published March 11, 2019Updated April 22nd, 2019
Share:
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
Shaun Downey’s weekly FX Update – AUDCAD and EURUSD hit targets
Published March 4, 2019Updated June 2nd, 2019
Share:
AUDCAD and EURUSD hit targets AUDUSD stays negative NZDUSD sell signal USDJPY breaks higher
Intermediate
Shaun’s Weekly FX update: AUDCAD sends negative signal
Published February 24, 2019Updated June 2nd, 2019
Share:
AUDUSD gets negative signal NZDUSD also slightly negative USDCAD stays negative AUDCAD bear signal
Expert
US Dollar rally trying to reverse
Published February 18, 2019Updated April 22nd, 2019
Share:
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 strength, with AUDUSD and NZDUSD the main casualties.
Published February 11, 2019Updated April 22nd, 2019
Share:
Negatives on Aussie and Kiwi USDJPY also in focus. Loonie (USDCAD) approaches major upside target
Expert
Dollar Drifts after sell signal, USDCAD confirms breakdown
Published February 4, 2019Updated April 22nd, 2019
Share:
Focus on Market Profile on equities US Dollar Index negative EURUSD slightly positive GBPUSD modest up trend USDJPY buy signal AUDUSD and NZDUSD positive USDCAD prior bear signal reinforced