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Market Overview
The CAD/XAF pair recently closed at 403.8631, reflecting a modest increase of 0.02% from the previous close and continuing its uptrend. Over the past 30 days, the pair has gained 0.63%, trading between a low of 400.70 and a high of 404.11. Technical indicators show the 20-day moving average at 402.95, the 50-day near 403.73, and the 200-day around 400.70, with an RSI indicating moderate momentum. Nearest support is at 400.70, while resistance lies near 404.10. No significant upcoming events are currently expected to disrupt this steady upward movement. 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.