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
Fear Index Special
Shaun Downey, expert technical analyst, looks at what the charts are telling him about the current fears gripping financial markets. Remember Shaun’s great call for Gold back at the end of January. Gold and Silver trends remain bullish!
US Dollar Rallies
US Dollar Index Gains (DXY forecast) EuroYen breaks up (EURJPY forecast) Aussie reaches major downside target (AUDUSD forecast)
Yen and Aussie Positive Signals
Yen retraces to break point (USDJPY forecast) Aussie breaks up (AUDUSD forecast)
US Dollar stays strong
Dollar-Yen breaks up (USDJPY forecast) Aussie breaks down (AUDUSD forecast)
GBPUSD fails at major resistance
Pound fails at significant resistance barrier (GBPUSD forecast) Yen posts major buy signal (USDJPY forecast)
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)
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)
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)
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)
US Dollar stays super strong; GBPUSD very vulnerable
US Dollar Index breaks up (DXY forecast) US Dollar-Yen at multi-year high (USDJPY forecast) Pound is extremely vulnerable (GBPUSD forecast)
USDJPY shifts positive (+FX Majors roundup)
Positive appears on Dollar-Yen (USDJPY forecast) US Dollar and Euro stuck in sideways (EURUSD forecast)
US Dollar support evaporates
EURUSD resistance challenges (EURUSD forecast) Yen turns strong (USDJPY forecast)
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)
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)
US Dollar Surges Again
US Dollar Index Extends Bull Trend (DXY forecast) Euro Continues its Bear Trend (EURUSD forecast)
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)
Forex markets mark time, BUT US Dollar vulnerable
A very quiet week sees most markets move sideways But the US Dollar Index remains vulnerable (DXY forecast) Forecasts on EURUSD, GBPUSD, USDJPY, AUDUSD
Volatile price action has US Dollar in sideways ranges
US Dollar-Yen holds key support Dollar-CAD breaks up
US Dollar Surges Back Higher, Euro and GBP Vulnerable
US Dollar-Yen breaks up (USDJPY forecast) Euro and Pound have no support (EURUSD and GBPUSD forecasts) US Dollar-CAD breaks up (USDCAD forecast)
US Dollar negative correction extends
US Dollar Index continues lower Euro-US Dollar approaching major resistances (EURUSD forecast)
US Dollar mixed signals, but tops in place
False breakout higher on US Dollar Index leaves major resistance (DXY forecast) But Euro-US Dollar also has major resistance zone above (EURUSD forecast)
US Dollar strength consolidating near resistance
US Dollar Index still cannot break up (DXY forecast) Euro fails at its breakdown point (EURUSD forecast) Euro-Pound breaks up (EURGBP forecast)
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)
Risk currencies and Pound plunge
Pound breaks down Aussie and Kiwi collapse Dollar-CAD breaks higher
US Dollar strong across the board, as EURUSD just holds key support
Euro-Dollar holds key support (EURUSD forecast) Dollar Index also holds support (DXY forecast) US Dollar-Yen breaks up (USDJPY forecast) Aussie and Kiwi break down (AUDUSD and NZDUSD forecast)
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)
US Dollar Mixed, Respecting USD Supports
US Dollar Index holds key support (DXY forecast) US Dollar-Yen reverses lower (USDJPY forecast) Aussie approaches major resistance (AUDUSD forecast)
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)
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)
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)
US Dollar gains versus Euro & GBP, but Aussie and Kiwi Dollars stay strong
US Dollar Index breaks up (DXY forecast) Euro breaks down (EURUSD forecast) Pound hovers above final support (GBPUSD forecast) Aussie and Kiwi both break higher (AUDUSD & NZDUSD forecasts)
Failed break up on Dollar Index and Euro closes at resistance
US Dollar Index fails back lower, but support intact (DXY forecast) Euro rebound to approach resistance (EURUSD forecast) Aussie holds support (AUDUSD forecast)
Technically, a quiet week for Forex markets
US Dollar Index defied by a short-term range (DXY forecast) Negatives appear on the Aussie Dollar (AUDUSD forecast)
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)
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)
US Dollar surges, still bullish!
US Dollar breaks up (DXY forecast) Euro breaks down (EURUSD forecast) Aussie breaks final major support Kiwi accelerates lower
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)
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)
Shaun Downey’s Forex Signals to start 2022
Negative on US Dollar Index needs conformation Pound holds monthly support Negatives on Aussie and Kiwi Uptrend on US Dollar-Yen ends
Technical focus on Oil
WTI and Brent Includes an educational piece on how to use spreads to qualify futures
US Dollar looking more bullish again
Major positive on US Dollar Index (DXY forecast) And a negative on Euro (EURUSD forecast) Both need to be confirmed