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Market Overview
USD/MYR closed at 4.05707, reflecting a marginal decline of 0.00% from the previous close, consistent with its ongoing uptrend. Over the past 30 days, the pair has shown a slight positive return of 0.25%, maintaining a stable range between 4.05694 and 4.05728. The forecast suggests continued steady momentum with limited volatility, supported by stable fundamentals and no major upcoming economic events currently priced in. Technical indicators show the 20-day, 50-day, and 200-day moving averages clustered near 4.05709, with an RSI indicating mild strength. Nearest support and resistance levels remain tightly ranged at 4.05694 and 4.05728 respectively. 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.