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Market Overview: The EUR/BRL pair closed at 6.24343, reflecting a slight increase of 0.03% from the previous close and continuing its uptrend over the past 30 days with a 0.47% gain. The pair has traded within a range of 6.21006 to 6.24904, showing steady appreciation. Upcoming economic data from the Eurozone and Brazil may influence price action, particularly central bank announcements and trade reports. Technical indicators show the 20-day SMA at 6.2413, 50-day and 200-day SMAs are not provided, RSI is not specified, with nearest support near 6.210 and resistance around 6.249. The trend remains upward, consistent with recent momentum. 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.