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Market Overview
USD/ZAR closed at 15.74073 on January 29, 2026, marking a 0.32% intraday increase but continuing a downtrend with a 30-day return of -0.95%. The pair remains pressured by global risk sentiment and commodity price fluctuations, with recent trading confined between support near 15.64 and resistance around 15.95. Upcoming US inflation data and South African economic indicators may influence price action. Technical analysis shows the 20-day moving average at 15.71, the 50-day near 15.71, and the 200-day above current levels, with RSI indicating neutral momentum. Nearest support is 15.64 and resistance at 15.95. 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.