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Market Overview
The EUR/EGP pair closed most recently at 55.17057, reflecting a minimal increase of 0.01% from the previous close of 55.1675, yet maintaining a downtrend over the past 30 days with a decline of 0.08%. The pair has traded within a narrow range between 55.14 and 55.40, with the SMA20 at 55.21 above the SMA5 at 55.17, confirming the downward momentum. The RSI indicates weakening bullish pressure, while key support and resistance levels stand near 55.15 and 55.40 respectively. No major economic events are imminent, but ongoing Eurozone and Egyptian inflation data may influence future price action. Technical indicators suggest continued cautious trading within the current range. For information only.
Last Updated 12/4/25

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.