The US Dollar is trying to break higher versus ASEAN currencies. The Singapore Dollar, Philippine Peso, Thai Baht and Indonesian Rupiah are under pressure. Will follow-through last?

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Wall Street-bearish contrarian trading bias.

Although the longer-term technical outlook for AUD remains skewed to the topside, recent developments suggest the commodity-sensitive currency could lose ground against USD and JPY.

The New Zealand Dollar may resume its broader uptrend, with NZD/USD and NZD/JPY eyeing key rising support. NZD/CAD and NZD/CHF appear to have more room for near-term losses however.

In recent years, March has produced EUR/USD gains, and losses by USD/JPY, gold, and stocks. It’s a mixed bag.

Canadian Dollar is on defense after a key reversal in USD/CAD covered nearly 70% of the 2021 range. Here are the technical levels that matter on the Loonie weekly.

FTSE has been relatively directionless, but even as such the overall trading bias appears to remain pointed lower.

US Dollar squeeze higher could extend if risk assets continue to deteriorate.