Psychology for major markets Aug 28

EUR/USD – The failed test of 1.17 sees the pair rotate lower. Currently looking at consolidation as major FX market rangebound, waiting for the next leg from Jackson Hole speeches.

USD/JPY – Market participants are waiting impatiently for BoJ's confirmation of a September hike. However, if the signal is not what the hawks want, USD/JPY could see a fast break towards 160 figure and above. The pair is still within consolidation range.

AUD/USD – The Aussie broke through the 0.7190 resistance but is struggling to stand above the level. 

Equities & Others – Regional risk sentiment indecisive waiting for the all important Jackson Hole.