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Market Overview
The USD/KZT pair closed at 506.01216, showing a marginal increase of 0.03% from the previous close, yet maintaining a downtrend with a 30-day return of -0.21%. The exchange rate has fluctuated between 504.97 and 507.87 over the past month, reflecting ongoing bearish momentum. Near-term forecasts suggest the pair will remain range-bound between 504 and 510, influenced by US monetary policy and oil price volatility. Technical indicators show the 20-day SMA at 507.18, 50-day and 200-day SMAs not provided, RSI near neutral, with support around 505 and resistance near 508. No major economic events are scheduled imminently to alter this trend. For information only.
Last Updated 12/4/25

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.