Key Forex Signals are flashing caution as major currency pairs test crucial support and resistance zones. USDJPY, GBPJPY, GBPUSD, and EURUSD all show signs of fading bullish momentum, with RSI indicators weakening and prices retreating from key technical levels. This shift suggests increased downside risk unless buyers reclaim control.

USDJPY

USDJPY Weakens Below Trend Filter

USDJPY slips below 145.56 and struggles at 144.11. A break lower may lead to 142.00, while bulls must reclaim 145.56 for recovery.

Recently faced a sharp rejection from the 145.56 region, slipping below the dynamic support of the short-term trend filter. The 149.39 resistance remains a key ceiling, repeatedly capping bullish momentum. Price is now hovering just above the 144.11 support, while RSI has declined from overbought levels to 46.54, indicating fading strength. If sellers maintain pressure below the Ichimoku cloud, the pair could revisit the 142.00–143.00 zone. A bullish reversal requires a reclaim of the cloud and a sustained move above 145.56.

GBPJPY

GBPJPY Struggles After Rejection at 195.60

GBPJPY slips below trend cloud after failing to hold 195.60. RSI weakens near 44; 191.00 next if pressure continues.

GBPJPY shows a clear rejection from the 195.60 resistance and has fallen beneath the trend-following cloud. The price is now retesting the 194.13 region, and RSI has dropped to 44.21 after failing to hold above 56—highlighting a loss of bullish momentum. The near-term outlook turns bearish unless bulls can reclaim the Ichimoku cloud. If current pressure continues, a move toward the 191.00–192.00 range is increasingly likely.

GBPUSD

GBPUSD Stuck Between 1.3425–1.3541 Range

GBPUSD trapped in tight range; 1.3541 breakout may extend rally, while 1.3425 breakdown risks deeper drop.

Remains caught between the support at 1.3425 and resistance at 1.3541. After briefly spiking above 1.3541, price failed to sustain momentum and is now retracing into the consolidation zone. RSI sits neutral around 48, signaling lack of direction. A decisive breakout above 1.3541 is needed to resume the bullish trend, while a breakdown below 1.3425 would expose 1.2933 as a potential downside target.

EURUSD

EURUSD Rejected from 1.1407 Resistance

EURUSD pulls back to 1.1346 after rejection at 1.1407. Downside risk toward 1.1264 unless bulls reclaim upper zone.

EURUSD has pulled back sharply from the 1.1407 resistance after failing to sustain its breakout. Price now sits near 1.1346 within a broader consolidation structure. RSI has dropped from over 60 to 47.73, reflecting a loss in bullish momentum. If the pair breaks below 1.1264, the next downside target may lie at 1.1146. For bulls to resume control, a decisive reclaim of the 1.1407 zone is essential.