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Downtrend Broken Resist.Archive
- 1/30/2026 -
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CurrencyShares Japanese Yen Trust (FXY) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :
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| | It was a second positive week after 3 consecutive negative weeks for the CurrencyShares Japanese Yen Trust (FXY). During the week, the FXY climbed 0.40 points, or 0.68%, and closed at 59.42 on Friday, January 30, 2026. Weekly volume was 65% 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 52.17 and resistance is at 87.39. 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 July 10, 2024 at 57.17 and reached 65.88 on September 16, 2024. FXY gained -8.71 points, or -15.24%, in 9 weeks. The chart has formed a Ascending Triangle chart pattern. The uptrend support line (60.52) is broken. A broken support is considered to be a long-term bearish 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 support in a medium-term trend.
 Weekly Technical Indicators: [See FXY weekly technical indicators chart]
Weekly technical indicators are neutral. During the last week, weekly Lane's Stochastic signal line (%D) has moved above oversold area. Such crossover is considered a bullish signal. 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.
During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. 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 January 13, 2026 at 57.74 and reached 60.45 on January 27, 2026. FXY gained -2.71 points, or -4.69%, in 14 days. Price is near the Fibonacci 38.2% retracement level. The Fibonacci retracement level is considered a support/resistance level.
 Daily Technical Indicators: [See FXY daily technical indicators chart]
Daily Lane's Stochastic is overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Lane's Stochastic.
The daily MACD line is above its signal line since January 22, 2026. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong.
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