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Market Overview
The USD/BRL closed at 5.19553 on January 29, 2026, reflecting a marginal increase of 0.02% from the previous close, consistent with the ongoing downtrend observed over the past month. The pair has traded within a narrow range between 5.1854 and 5.20237 during this period, with a 30-day return of 1.12%. Near-term price action is expected to remain cautious, with resistance around 5.20 and support near 5.19. Technical indicators show the 20-, 50-, and 200-day moving averages at approximately 5.1984, 5.1984, and not specified, respectively, while the RSI suggests neutral momentum. Market participants should monitor upcoming economic data releases from Brazil and US Federal Reserve communications for potential impact. 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.