Psychology for major markets July 29

EUR/USD – EUR/USD bounced from support circa the 1.135 region. USD weakness is the story rather than Euro stregnth. Yet, it may not be long as the FOMC will be indicating where the direction will go. 

USD/JPY – USD/JPY retraced partially from historic high, lending strength from haven seeking in the region. Hard to tell if this is the turn, which seems unlikely without a pivot from either the FOMC or BoJ.

AUD/USD – The Aussie tilted to the downside with Iran saying there is no chance Oman's proposal will work. It looks like it is just a matter of time for the U.S. to resume their strikes. 

Equities & Others – Broader risk sentiment are sour, especially in Korea.