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Market Overview: The CAD/MYR pair closed at 2.91624, reflecting a slight decline of 0.03% from the previous close but maintaining an overall uptrend over the past 30 days with a modest 0.38% gain. The pair has traded within a narrow range between 2.91304 and 2.91821, supported by a 20-day SMA of 2.9157, 50-day SMA near the 20-day, and a 200-day SMA consistent with the upward momentum. The RSI indicates moderate strength, while key support is at 2.913 and resistance near 2.918 to 2.92. Upcoming economic data from Canada and Malaysia may influence price action. Technical indicators suggest continued cautious bullishness. 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.