In the daily currency technicals, the euro finds support just below 1.2100, the Japanese yen is looking weaker, the British pound is resilient, and the Swiss franc moves towards the bottom a of channel.
The US twin deficits were the major focus of the day. For the month of February, the trade deficit narrowed from a record high of $68.5 billion to a better than forecasted $65.7 billion. The budget deficit however did not benefit from the same improvement.
In the daily currency technicals, the euro holds 1.2100, the Japanese yen is a tad weaker, the British pound moves towards 1.7500, and the Swiss franc is ready to gain.
Copyright 2026 Tiger Shark Publishing LLC . All rights reserved.
It should not be assumed that the methods, techniques, or indicators presented on these websites will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples presented on these websites are for educational purposes only. These set-ups are not solicitations of any order to buy or sell. The authors, Tiger Shark Publishing LLC, and all affiliates assume no responsibility for your trading results. There is a high degree of risk in trading.
Free Festival of Traders Videos
Currency
full story
printer version