Psychology for major markets Mar 16

EUR/USD – The Euro opened slightly higher and will likely keep that way unless we see new geopolitical headlines. Any rebound will meet resistance below 1.15 figure.

USD/JPY –  USD/JPY was quickly approaching 160 before meeting with verbal intervention. Odds of an actual intervention is still low given the "grinding" pace.

EUR/GBP – Little changed as the market's spotlight isn't here. Overall in consolidation.

AUD/USD – The Aussie is retesting previous support turn resistance at 0.7030. It may require some more support from upbeat sentiment or stronger metal price.

Equities & Others –  Broader risk atmosphere choppy with equities higher, precious metals lower and oil still some way from Friday's close.