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Market Overview
The WLD/USD pair closed at 0.5727, a slight increase of 0.12% from the previous close, yet remains in a downtrend with a 30-day return of -1.36%. Price has fluctuated between a 30-day high of 0.5829 and low of 0.5693, indicating consolidation within a narrow range. Upcoming events or indicators are not explicitly noted, but market sentiment appears cautious. Technical analysis shows the 20-day SMA at 0.5734, 50-day and 200-day SMAs are not provided, RSI is not specified, with nearest support near 0.57 and resistance around 0.58. The trend and momentum suggest continued bearish pressure with potential stabilization if resistance is breached. For information only.
Last Updated 1/16/26

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.