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Uptrend Broken SupportArchive
- 9/5/2025 -
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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 -0.23 points, or -0.37%, and closed at 62.40 on Friday, September 5, 2025. It was the worst weekly loss since July 18, 2025. Weekly volume was -46% below 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 53.46 and resistance is at 87.79. 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 trend support level is at 59.66 and resistance is at 65.49. An Ascending Triangle is a variation of triangle formation that has a flat resistance line and rising support line. The higher lows indicate an increasing demand and give the ascending triangle definitive bullish bias. An Ascending Triangle usually represents an accumulation stage in bullish market. An Ascending Triangle is considered to be a continuation pattern, especially in an uptrend, but it may also mark a reversal in a downtrend. Use the following link to access a Ascending Triangle chart pattern help, or use a Technical Stock Screener to see the list of stocks with Ascending Triangle pattern in a medium-term trend.
 Weekly Technical Indicators: [See FXY weekly technical indicators chart]
Weekly technical indicators are neutral.
The weekly MACD line is below its signal line since July 3, 2025. The distance between MACD and the signal line is low, but getting bigger. 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 April 21, 2025 at 65.64 and reached 61.03 on July 31, 2025. FXY lost 4.61 points, or 7.02%, in 101 days. The chart has formed a Falling Wedge chart pattern. The downtrend resistance line (60.59) 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 short-term trend.
Daily Technical Indicators: [See FXY daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward 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.
The price is close to the moving average in the center of the Bollinger Bands. The distance between the Bollinger Bands is falling, and it was 1.28% on Friday. It is 70.77% 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.
Price is close to the 50 Day Moving Average. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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