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The March Dollar was steady to slightly higher overnight. Stochastics and the RSI are neutral to bearish signaling that a short-term top might be in or is near. Closes below the 50-day moving average crossing at 96.01 would confirm that a short-term top has been posted. If March extends the rally off January's low, weekly resistance crossing at 97.83 is the next upside target. First resistance is February's high crossing at 97.12. Second resistance is weekly resistance crossing at 97.83. First support is the 50-day moving average crossing at 96.01. Second support is the late-January low crossing at 94.87.

The March Euro was steady to slightly lower overnight. The low-range trade overnight sets the stage for a steady to lower opening when the day session begins trading. Stochastics and the RSI have turned neutral to bullish signaling that a low might be in or is near. Closes above the 20-day moving average crossing at 113.95 are needed to confirm that a short-term low has been posted. If March resumes the decline off January's high, the 87% retracement level of the 2016-2018-rally crossing at 111.94 is the next downside target. First resistance is the 20-day moving average crossing at 113.95. Second resistance is the 50-day moving average crossing at 114.43. First support is last-Thursday's low crossing at 112.76. Second support is the 87% retracement level of the 2016-2018-rally crossing at 111.94.

The March British Pound was lower overnight as it consolidated some of Wednesday's rally. The low-range overnight trade sets the stage for a steady to lower opening when the day session beings trading. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. If March extends the rally off February's low, January's high crossing at 1.3252 is the next upside target. Closes below the 50-day moving average crossing at 1.2894 would confirm that a short-term top has been posted. First resistance is Wednesday's high crossing at 1.3127. Second resistance is January's high crossing at 1.3252. First support is February's low crossing at 1.2791. Second support is the reaction low crossing at 1.2707.

The March Swiss Franc was slightly higher overnight. Stochastics and the RSI are neutral to bullish signaling that sideways to higher prices are possible near-term. Closes above the 20-day moving average crossing at 1.0026 are needed to confirm that a short-term low has been posted. If March resumes the decline off January's high, weekly support crossing at 0.9902 is the next downside target. First resistance is the 20-day moving average crossing at 1.0026. Second resistance is the 50-day moving average crossing at 1.0117. First support is last-Thursday's low crossing at 0.9930. Second support is weekly support crossing at 0.9902.

The March Canadian Dollar was higher overnight. Stochastics and the RSI have turned neutral to bullish signaling that sideways to higher prices are possible near-term. If March renews the rally off December's low, the 75% retracement level of the October-December-decline crossing at 77.18 is the next upside target. Closes below the 50-day moving average crossing at 75.15 would renew the decline off January's high. First resistance is the 62% retracement level of the October-December-decline crossing at 76.49. Second resistance is the 75% retracement level of the October-December-decline crossing at 77.18. First support is the reaction low crossing at 74.86. Second support is December's low crossing at 73.30.

The March Japanese Yen was lower overnight. Stochastics and the RSI are oversold but remain neutral to bearish signaling that sideways to lower prices are possible near-term. If March extends the decline off January's high, the 75% retracement level of the November-January rally crossing at 0.0900 is the next downside target. Closes above the 20-day moving average crossing at 0.0911 are needed to confirm that a short-term low has been posted. First resistance is the reaction high crossing at 0.0925. Second resistance is the reaction high crossing at 0.0933. First support is the 75% retracement level of the November-January rally crossing at 0.0900. Second support is the 87% retracement level of the November-January rally crossing at 0.0892.

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