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Market Overview
The USD/MAD pair closed at 9.23469 on December 3, 2025, reflecting a slight increase of 0.03% from the previous close, yet maintaining a downtrend with a 30-day return of -0.22%. The pair has traded within a narrow range between 9.22306 and 9.25863 over the past month, indicating consolidation amid bearish momentum. The forecast suggests continued range-bound movement between 9.22 and 9.26 unless disrupted by significant economic data or geopolitical developments. Technical indicators show the 20-day SMA at 9.23476, 50-day SMA near 9.23305, and 200-day SMA not specified, with an RSI around neutral levels. Nearest support is at 9.22306 and resistance at 9.25863. No major upcoming events are currently expected to significantly impact price action. For information only.
Last Updated 12/4/25

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.