EUR/USD Current price: 1.2585

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The EUR/USD struggles around the 1.2600 level after Draghi gave the market what was leaked out yesterday. News are of a sterilized short term bond buying, with no rates or caps for yields. With one dissenting vote the ECB basically present a not complete solution that market had already priced in. The pair fell as low as 1.2575 so far, also prompted by US readings: unemployment claims fell to 365K, while ADP posted an impressive 210K, diminishing chances of QE3. In the mean time, the hourly chart shows price being capped by a flat 20 SMA while indicators head south below their midlines. In bigger time frames however, range persists with technical readings flat giving no much clues on direction; in the 4 hours chart price is testing 20 SMA that offers support around daily low. The downside is favored towards the 1.2550 area, followed later by yesterday’s low at 1.2502.
Support levels: 1.2500 1.2502 1.2460
Resistance levels: 1.2600 1.2630 1.2680 

GBP/USD Current price: 1.5902

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The BOE left its economic policy unchanged, and the GBP/USD hold to the 1.5890/1.5920 range set yesterday. The hourly chart shows indicators flat around their midlines, while price hovers around an also flat 20 SMA; more important, price seems unable to clearly break above the 61.8% retracement of the latest bearish run 1.6300/1.5260, which may put some selling pressure in the pair if 1.5880 gives up. In the 4 hours chart technical readings show some bearish divergences, still not confirmed: mentioned support needs to five up, while 1.5930 should keep the upside limited to see them coming into play.
Support levels: 1.5880 1.5840 1.5810 
Resistance levels: 1.5930 1.5950 1.5990

USD/JPY Current price: 78.92

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The USD/JPY soared to 78.80 on better than expected US employment readings, taking the level out and extending its advance to current daily highs. The hourly chart shows indicators strongly bullish, pointing for further gains. In the 4 hours chart the picture is just the same, although price needs now to overcome selling interest around 79.10 to continue rising towards the 79.60 highs posted past August.
Support levels: 78.80.78.40 78.10
Resistance levels: 79.10 79.35 79.60

AUD/USD: Current price: 1.0236

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AUD found support in a better than expected unemployment rate in Australia, recovering the 1.0220 area against the greenback past Asian session. US stocks positive mood are helping the pair hold above the level, where it also stands the hourly 20 SMA with a strong bullish slope. Indicators however, are losing recent momentum and turned lower. In the 4 hours chart price stands above 20 SMA first time since August 23rd, while indicators struggle in neutral territory. With a daily high at 1.0250, a clear advance above should open doors to more recoveries targeting then the 1.0310 price zone.
Support levels: 1.0220 1.0190 1.0160
Resistance levels: 1.0250 1.0280 1.0310

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