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Market Overview
The USD/KZT pair closed at 511.19669 on January 17, 2026, reflecting a slight decline of 0.00 44% from the previous close, consistent with the ongoing downtrend. Over the past 30 days, the pair has shown a modest 0.81% increase, trading within a narrow range between 510.83434 and 511.59648. The short-term forecast suggests continued range-bound movement near current levels, with limited volatility expected. Key upcoming factors include monitoring Kazakhstan’s oil prices and US monetary policy announcements, which may influence price action. Technically, the 20-, 50-, and 200-day moving averages stand near 511.20, with the RSI indicating subdued momentum. Nearest support is around 510.83 and resistance near 511.60. For information only.
Last Updated 1/29/26

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.