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Market Overview
The CHR/USD pair closed at 0.044456, unchanged from the previous close, reflecting a stable price after a modest 4.28% increase over the past 30 days. Despite this, the trend remains a downtrend, supported by the price trading below the 20-day SMA of 0.04457 and near the 5-day SMA of 0.04446. The 50-day and 200-day SMAs are not provided but the current momentum is weak, with the RSI indicating subdued buying pressure. Key technical levels include support at 0.0440 and resistance near 0.0450. No significant upcoming events are noted that might impact price action imminently. For information only.
Last Updated 1/9/26

Sam Bourgi is an analyst, writer and financial market commentator featured in and cited by U.S. Congress, Department of Justice, Chicago Board Options Exchange, Barron's and Forbes. He covers stocks, bonds, mutual funds, ETFs, forex, Bitcoin, cryptocurrency, real estate and macroeconomics. He has written over 25,000 articles and over 40 whitepapers and e-books.