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Market Overview
The CAD/XCD pair closed at 1.99631 on January 28, 2026, reflecting a slight decline of 0.03% from the previous close but maintaining an overall uptrend with a 30-day return of 0.10%. The pair remains near its recent high of 1.99905, supported by the 20-day SMA at 1.99394, 50-day SMA near 1.99500, and 200-day SMA around 1.99000. The RSI indicates moderate momentum at approximately 58. Nearest support is at 1.98771, with resistance close to the psychological 2.00 level. No major economic events are scheduled imminently, though commodity prices and US dollar movements may influence price action. Technical indicators confirm steady buying interest amid cautious positioning. 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.