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CURRENCIES:
CURRENCIES: The March Euro currency closed down 25 points at 1.2117 today. Prices closed nearer the session low today. Prices Tuesday hit a six-week low. The bulls have the overall near-term technical advantage but are fading as a two-month-old uptrend on the daily bar chart has been negated and a fledgling downtrend is in place.
The March Japanese yen closed up 250 points at .96580 today. Prices closed nearer the session high and hit a two- week high today. Bulls have the overall near-term technical advantage.
The March Swiss franc closed down 22 points at 1.1250 today. Prices closed nearer the session low today. The Swissy bulls have the firm overall near-term technical advantage.
The March Canadian dollar closed up 53 points at .7909 today. Prices closed nearer the session high today and hit a more-than-2.5-year high. The bulls have the solid overall near-term technical advantage and gained more power today. Prices are in a 10-week-old uptrend on the daily bar chart.
The March British pound closed up 6 points at 1.3642 today. Prices closed near the session low today after hitting a nearly two-year high early on. The bulls have the solid overall near-term technical advantage. Prices are in a 3.5- month-old uptrend on the daily bar chart.
The March U.S. dollar index closed up 0.019 at 90.495 today. Prices closed near mid-range today. The bears have the firm overall near-term technical advantage. However, a nine-week-old downtrend on the daily bar chart has been negated.