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Market Overview
The CAD/NOK pair closed at 7.25032 on January 15, 2026, reflecting a modest increase of 0.10% from the previous close, yet the overall trend remains a downtrend. Over the past 30 days, the pair has shown limited volatility, with a high of 7.25741 and a low of 7.23952, resulting in a 0.12% return. Upcoming central bank policy updates from the Bank of Canada and Norges Bank, along with oil price movements, may influence price action. Technical indicators show the 20-day, 50-day, and 200-day moving averages clustered near 7.2466, 7.2466, and an unlisted 200-DMA, respectively; the RSI stands at a neutral level. Nearest support is at 7.23952, with resistance near 7.25741. 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.