Psychology for major markets Sep 1

EUR/USD – The test of 1.16 figure continues and look like a fast break to the downside. Geopolitical tension is favoring the haven USD against the Euro.

USD/JPY – Market participants are waiting impatiently for BoJ's confirmation of a September hike. Before that, USD/JPY remain in consolidation, tilted towards a retest of mid 160 area.

AUD/USD – The Aussie couldn't stand above the 0.7190 technical area and was rejected. The fall is being exacerbated by soft risk sentiment and precious metal.

Equities & Others – Broader risk sentiment is poor on Middle East tension and raising prospect of Fed hike.