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Market Overview
The EUR/AZN pair closed at 1.97758 on January 19, 2026, reflecting a modest increase of 0.08% from the previous close and continuing its uptrend over the past 30 days with a 0.13% return. The price remains near the recent high of 1.98081, supported by the 20-day SMA at 1.97098, 50-day SMA at 1.9710, and 200-day SMA near the same level, indicating sustained bullish momentum. The RSI stands at a moderate level, while nearest support is at 1.9700 and resistance at 1.9800. Upcoming Eurozone economic data and energy market developments in Azerbaijan 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.