Published: 2026-08-07T09:05:40.000Z
Psychology for major markets Aug 7
1
Quiet before the Weekend
EUR/USD – EUR/USD is unchanged for the day. The lack of headline and last trading day of the week keep market participants at bay.
USD/JPY – The joint intervention threat is capping USD/JPY rally. Right now, the pair is directionless, looking for the next cue.
AUD/USD – The Aussie is retesting the 0.7030 technical area. Changes in risk sentiment and precious metal may make ore break the Aussie.
Equities & Others – Broader risk sentiment is not exactly upbeat. Market looks set to brace themselves for another weekend of Middle East uncertainty.