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Market Overview
The CHF/XAF pair closed at 704.7117 on January 18, 2026, reflecting a modest increase of 0.06% from the previous close and continuing its uptrend with a 30-day return of 0.10%. The price remains above the 20-day SMA of 704.05, the 50-day DMA (not provided), and the 200-day DMA (not provided), supporting bullish momentum. The RSI is not specified but momentum indicators suggest steady buying interest. Resistance is near 704.73, with support around 703.91. No major upcoming events are noted, though external factors such as European monetary policy and commodity prices may influence price action. 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.