Psychology for major markets Aug 25

EUR/USD – The failed test of 1.17 sees the pair rotate lower. The pair could find support around the 1.16 figure but currently looking at consolidation.

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.

AUD/USD – The Aussie is testing the 0.7190 resistance again. The resistance could be broken if we see a strong push from risk asset in later session.

Equities & Others – Regional risk sentiment broadly positive while U.S. equities lag.