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Market Overview
The SKL/USD pair closed at 0.0182, unchanged from the previous session, reflecting a stable price amid a continuing downtrend. Over the past 30 days, SKL/USD declined by 5.70%, moving between a high of 0.0194 and a low of 0.0180, indicating sustained bearish pressure. The short-term outlook remains cautious with support near 0.0180 and resistance at 0.0194. No significant upcoming events are currently expected to impact price action. Technical indicators show the 20-day moving average at 0.0185, 50-day at 0.0185, and 200-day at 0.0185, with RSI near neutral levels. The nearest support is 0.0180 and resistance 0.0194. 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.