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Market Overview
The USD/BGN pair closed at 1.67906 on December 1, 2025, reflecting a slight decline of 0.12% from the previous close and continuing a downtrend evident over the past 30 days with a return of -0.44%. The pair remains below its 20-day SMA of 1.68417, 50-day SMA near 1.6842, and 200-day SMA, confirming bearish momentum. The RSI indicates weakening buying pressure, while key support is identified around 1.6780 and resistance near 1.6875. Upcoming US inflation data and European Central Bank announcements may influence price action. Technical indicators and market sentiment suggest the downtrend is likely to persist. 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.