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Market Overview
The EUR/AOA pair closed at 1058.31571 on January 18, 2026, reflecting a slight decline of 0.06% from the previous close of 1058.9108, consistent with the ongoing downtrend. Over the past 30 days, the pair has shown a modest negative return of 0.08%, trading within a narrow range between 1058.31 and 1059.25. No significant upcoming economic events are currently expected to impact price action. Technically, the 20-day, 50-day, and 200-day moving averages stand at 1059.12, 1059.12, and 1059.12 respectively, with the RSI indicating weak momentum. Nearest support is at 1058.31 and resistance at 1059.25. 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.