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Market Overview
The CAD/XOF pair closed at 403.8631, reflecting a slight increase of 0.02% from the previous close and continuing its uptrend with a 30-day gain of 0.63%. The pair remains near its recent high of 404.10553, supported by steady fundamentals and positive technical momentum. No major economic events are scheduled imminently to disrupt this trend. 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 strength. Nearest support is at 400.70 and resistance at 404.10. 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.