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Market Overview The USD/NAD pair closed at 16.41107, reflecting a slight decline of 0.02% from the previous close but maintaining an overall uptrend supported by a 30-day return of 5.89%. The pair remains above its 20-day moving average of 16.41119 and near the 50-day average, with the 200-day average not provided. The RSI indicates mild momentum consistent with the uptrend. Key technical levels include support near 16.39 and resistance at 16.42. No major economic events are scheduled imminently, but ongoing US economic data and South African commodity price fluctuations may influence price action. Last Updated 1/29/26. For information only.

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.