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Downtrend ExhaustionArchive
- 4/25/2025 -
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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 -0.63 points, or -0.97%, and closed at 64.17 on Friday, April 25, 2025. It was the worst weekly loss since December 20, 2024. Weekly volume was 314% above average.
 Long-term trend: [See FXY long-term trend chart]
A long-term downtrend had started on August 18, 2016 at 96.75 and reached 57.17 on July 10, 2024. FXY lost 39.58 points, or 40.91%, in 411 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 54.63 and resistance is at 88.15. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern 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 65.64 on April 21, 2025. FXY gained -7.39 points, or -12.69%, in 14 weeks. The price is now at the 19.89% retracement level.
 Weekly Technical Indicators: [See FXY weekly technical indicators chart]
Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. 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 Williams' Percentage Range 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 uptrend had started on March 27, 2025 at 60.98 and reached 65.64 on April 21, 2025. FXY gained -4.66 points, or -7.64%, in 25 days. The chart has formed a Rising Wedge chart pattern.
 Daily Technical Indicators: [See FXY daily technical indicators chart]
Daily technical indicators are neutral. During the last week, daily Lane's Stochastic signal line (%D) has moved below overbought area. Such crossover is considered a bearish signal. Use the following link to access Lane's Stochastic help.
The daily MACD line is above its signal line since April 2, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is low and getting smaller. It indicates that the current short-term uptrend is getting weak.
During the last week, the price has fallen below the Parabolic SAR (stop and reversal). A Parabolic SAR above the price is a bearish signal, and it indicates that momentum is likely to remain in the downward direction. 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.
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