Psychology for major markets Apr 28

EUR/USD – The Euro is retesting support around 1.1690 area. Key driver remains on haven bid of USD and the subsequent reversal. 

USD/JPY –  USD/JPY rotated lower despite BoJ's decision to hold rates unchanged at 0.75%. Ueda's press conference does not sound too hawkish as he emphasize the potential impact of oil shock towards growth, which will likely lead to a scale back of expectation of a June hike. It could see JPY weakens further toward the 160 figure.

AUD/USD – The Aussie is meeting overhead resistance level around 0.7190 area. Without support from upbeat risk sentiment and precious metal, it will be hard to see further rally.

Equities & Others –  Broader risk atmosphere is heavy on the lack of progress. Any headline will likely shift the broad risk sentiment with little forecast to be done.