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Market Overview
The RAY/USD pair closed at 1.811 on October 30, 2025, reflecting a 1.06% increase from the previous close of 1.792. Despite this short-term gain, the overall 30-day return remains negative at -2.00%, consistent with the prevailing downtrend. The price is currently below the 20-day SMA of 1.8228 but above the 5-day SMA of 1.8006, with the 50-day and 200-day DMAs not explicitly provided. The RSI indicates subdued momentum, while key support is near 1.79 and resistance around 1.85. No significant upcoming events are noted that might alter the current bearish trend. For information only.
Last Updated 10/30/25

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.