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Market Overview
The EUR/BSD pair closed at 1.16243 on January 19, 2026, showing a slight increase of 0.08% from the previous close of 1.16152. Despite this modest gain, the pair remains in a downtrend, consistent with the 30-day period return of 0.36% and recent price action. The forecast suggests continued pressure within a narrow range between support at 1.15751 and resistance near 1.16397. No major upcoming events are currently expected to significantly impact price action. Technical indicators show the 20-day moving average at 1.16264, the 50-day at 1.16264, and the 200-day near 1.16264, with an RSI indicating subdued momentum. Nearest support is at 1.15751 and resistance at 1.16397. 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.