While I normally stick to equities or futures, I browsed over a few forex pairs and this popped out at me. On both of my charts that I use when doing technical analysis, USDJPY is showing some pretty bearish indicators. On this chart, price bounced off of a strong prior resistance as it is starting a descent. I notice reduced buying pressure on the MACD histogram, as well as the price being below my Ichimoku Clouds (If you aren't familiar with it, I use it as dynamic support/resistance as well as general trend) Rule of thumb, if the price is under the cloud and the cloud shades in red, that is both a bearish indicator as well as a rough level of resistance. The price action on the candlestick chart shows a bit more noise and I feel that my renko chart suggests more bear action to come. The hair in the soup is the MACD strategy I use that signals bullish/bearish entry suggestions signaled for more bullish action.