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Archive
- 3/21/2025 -
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CurrencyShares Japanese Yen Trust (FXY) Technical Analysis
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| Summary:
| | Weekly :   | | Daily :
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| | It was the negative week for the CurrencyShares Japanese Yen Trust (FXY). During the week, the FXY gave back -0.29 points, or -0.47%, and closed at 61.77 on Friday, March 21, 2025. Weekly volume was 83% above average.
 Long-term trend: [See FXY long-term trend chart]
A long-term downtrend had started on September 16, 2024 at 65.88 and reached 58.25 on January 8, 2025. FXY lost 7.63 points, or 11.58%, in 16 weeks. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (57.22) is broken. A broken support is considered to be a long-term bullish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See FXY medium-term trend chart]
A medium-term uptrend had started on January 8, 2025 at 58.25 and reached 62.93 on March 10, 2025. FXY gained -4.68 points, or -8.03%, in 8 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Weekly Technical Indicators: [See FXY weekly technical indicators chart]
Weekly Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.
The weekly MACD line is above its signal line since February 7, 2025. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
 Short-term trend: [See FXY short-term trend chart]
A short-term downtrend had started on March 10, 2025 at 62.93 and reached 61.43 on March 19, 2025. FXY lost 1.50 points, or 2.38%, in 9 days. Price is near the Fibonacci 23.6% retracement level.
 Daily Technical Indicators: [See FXY daily technical indicators chart]
Daily technical indicators are neutral.
The daily MACD line is below its signal line since March 13, 2025. This is an indication that the short-term trend is down.
A Parabolic SAR (stop and reversal) indicator (62.12) comes close to the price (61.77). It indicates that the trend is getting weaker. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.
During the last week, the price has declined below the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 2.14% on Friday. It is 55.38% lower than one year average. It indicates the period of low volatility of the stock price. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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