Markets are still in the anxiety and anticipation of events

Markets are still in uncertainty as US President Donald Trump's economic agenda is unclear so far, but markets have had some hope after the controversial White House chief strategist was fired last Friday. There is, however, a state of anxiety over tensions over threats of North Korea, as US and South Korean troops begin joint training today.
The dollar index rose at the beginning of weekly trading from its lowest level at 93.32 to the level of 93.43, but it may face some constraints in light of the uncertainty, whether economic or political. The negative tone continues to dominate the USDJPY, which has approaching to an important support level at 108.75.
The EURUSD is still moving within the descending channel on the 4-hour chart and as long as the it is below the downtrend line; the pair is expected to fall to the 1.1685 support level before rising again and surpassing the channel targeting the 1.19 levels.
Markets this week will be waiting for statements from Mario Draghi, ECB Governor and Janet Yellen, Governor of the Federal Reserve at the Jackson Hole symposium, where central bankers gather from around the world.
Oil prices started the week with a slight drop of about 58 cents, and currently trading at 48.30$ a barrel as market hopes faded for the oil market to improv amid rising US output.
After failing to penetrate the strong resistance level, gold prices have fallen and are likely to continue falling to reach 1260/1265$ per ounce.