USD/JPY (a 4-hour chart)
The debt market 2-year US Treasury bonds yields continue their falling that also deprives support from the dollar. The oil prices drop dragged down the global stock markets, thus supporting the safe-haven assets like the Japanese yen and US Treasuries.
The first support resides at 114.60, the next is at 113.80. The first resistance stands at 115.40, the next one is at 116.20.
There is a confirmed and a strong sell signal. The price is under the Ichimoku Cloud and it is under the Chinkou Span. The Tenkan-sen and the Kijun-sen show a downward movement. The downward movement will be until the price is under the Cloud.
The MACD indicator is in a negative territory. The price is decreasing.
The potential decrease targets are two levels of support: 114.60 and 113.80.