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Market Overview
MTL/USD closed at 0.387 on January 6, 2026, slightly down from the previous close of 0.388, reflecting a minor decline of 0.26%. The pair remains in a downtrend, consistent with a 30-day return of -0.51%, trading between a recent high of 0.396 and low of 0.385. No significant upcoming events are currently expected to impact price action. Technical indicators show the 20-day moving average at 0.391, 50-day and 200-day averages are not provided, RSI is not specified, with nearest support at 0.385 and resistance at 0.396. The market exhibits subdued momentum and consolidation within this range. For information only.
Last Updated 1/8/26

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.