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Market Overview
The CAD/PKR pair closed at 204.63, down 0.13% from the previous close of 204.90, continuing its downtrend over the past month with a modest 0.16% gain. The pair remains below its 20-day and 50-day moving averages at 205.67 and 205.28 respectively, while the 200-day moving average is not specified. The RSI indicates bearish momentum, consistent with the prevailing downtrend. Nearest support is at 203.98 and resistance at 206.36. No significant upcoming economic events are noted to influence immediate price action. Technical indicators suggest continued cautious trading within this range. 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.