EUR/USD Current price: 1.3648


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The EUR/USD stands pretty much unchanged after the FED not only announced another $10B reduction in their facility programs, but stated that another $10B will be taken in upcoming February meeting. The hourly chart shows price moved in between the trend lines that form a triangle, with the base around 1.3630 and the roof now at 1.3675. Indicators in the same time frame remain flat around their midlines, showing no real  clues on direction for now. The 4 hours chart maintains a slightly negative tone, but price holds above 200 EMA, converging with the base of the figure in the 1.3630 area. Sentiment will likely lead the way in upcoming hours, with risk aversion favoring dollar and yen gains. 


Support levels: 1.3630 1.3585 1.3550


Resistance levels: 1.3675 1.3710 1.3745 



EUR/JPY Current price: 139.44


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The EUR/JPY bounced some from a lower low posted at 139.03 right after the news, but maintains the negative short term tone, capped below US session highs around 139.70. The hourly chart shows momentum still heading south below its midline, while moving averages gain bearish slope well above current price. The pair has managed to bounce from the 139.00 level past week, establishing for now a double floor in the area, but that’s not a guarantee of upcoming strength: if below it, expect the pair to extend its fall to 138.20 in the short term.


Support levels: 139.00 138.50 138.20 


Resistance levels: 139.70 140.00 140.40



GBP/USD Current price: 1.6566 


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Consolidating between its daily range, Pound also faltered to show life after FED news, with the pair maintaining a quite strong neutral stance in the hourly chart, as per price hovering around a flat 20 SMA and indicators around their midlines. In the 4 hours chart a slightly bearish tone persists, yet a break below 1.6510 is required to confirm a bearish continuation in the pair.


Support levels: 1.6550 1.6510 1.6470


Resistance levels: 1.6610 1.6535 1.6560 



USD/JPY Current price: 102.00


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The USD/JPY breached 102.00 before bouncing some, but maintains a strong bearish tone ahead of Asian opening, as the hourly chart shows 100 SMA extended its decline, now offering dynamic resistance around 102.75, while momentum continues heading lower despite in oversold levels. The 4 hours chart presents a strong downward momentum, and with ongoing risk aversion, further slides can be expected: a break below 101.75 is what it takes to see a bearish acceleration towards 101.00 area.


Support levels: 101.75 101.40 101.00


Resistance levels: 102.40 102.75 103.10



AUD/USD Current price: 0.8744


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The AUD/USD trades at the same levels seen before US opening, maintaining the short term bearish tone: the hourly chart shows price being capped by a bearish 20 SMA, while indicators head south below their midlines. The pair however, continues to trade above 0.8720, daily low and immediate support. In the 4 hours chart technical readings present a more neutral stance, with a downward acceleration below mentioned support required to confirm more slides ahead. 


Support levels: 0.8720 0.8690 0.8660


Resistance levels: 0.8775 0.8820 0.8850 















































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