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Market Overview
The USD/KMF pair closed at 424.23175 on January 17, 2026, reflecting a slight decline of 0.02% from the previous close of 424.3247, consistent with the ongoing downtrend. Over the past 30 days, the pair has gained 4.58%, but recent price action shows consolidation near the 20-day SMA at 424.30 and the 50-day SMA, indicating limited momentum. The 200-day SMA remains above current levels, reinforcing the bearish trend. The RSI suggests neutral momentum, while support is near 423.84 and resistance at 424.35. No major economic events are scheduled imminently to disrupt this range-bound movement. 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.