Today's USD to SAR Price Update

Summary

This report provides the real-time exchange rate between the U.S. Dollar (USD) and Saudi Riyal (SAR), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The U.S. Dollar (USD) is one of the world’s most dominant fiat currencies, while the Saudi Riyal (SAR) is the official currency of Saudi Arabia. The exchange rate between them reflects market conditions and investor sentiment in regional economic dynamics.

Today’s Price

• 1 USD = 3.75 SAR
• 24h High: 3.7502 SAR
• 24h Low: 3.75 SAR

Market Analysis

Recent USD/SAR price movements show minimal volatility within a narrow trading range. According to technical analysis data, the pair has demonstrated the following characteristics:

• Weekly performance: −0.02% decline over the past week
• Monthly performance: 0.05% rise over the past month
• Yearly performance: −0.06% decline over the last year

Technical ratings indicate sell signals in the short term, with both 1-week and 1-month ratings showing bearish sentiment.

• Technical outlook: The pair displays negative signals and should be considered as a potential sell candidate
• Price forecast: The USD/SAR is forecasted to increase by 0.04% in the next month
• Risk note: Markets can be unstable; traders should monitor geopolitical situations, interest rate changes, and other macroeconomic factors

Conclusion

Continue to monitor the USD/SAR pair closely through technical analysis tools and live forex charts. Integrate current market conditions with technical indicators to develop sound trading strategies and identify potential trading opportunities in this currency pair.