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Market Overview
The CAD/ISK last closed at 90.26891, slightly down from the previous close of 90.28106, reflecting a minor change of -0.01%. Over the past 30 days, the pair has experienced a modest decline of -0.14%, consistent with the ongoing downtrend. The forecast suggests continued cautious trading with potential range-bound movement unless key levels are breached. No major upcoming economic events are currently expected to significantly impact price action. Technical indicators show the 20-day SMA at 90.319, 50-day SMA near 90.28, and 200-day SMA above these levels, with an RSI indicating weak momentum. Nearest support is around 90.19 and resistance near 90.41. 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.