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Market Overview
The EUR/IQD last closed at 1526.13611, reflecting a slight decline of 0.08% from the previous close of 1527.35725, consistent with the ongoing downtrend. Over the past 30 days, the pair has decreased by approximately 0.19%, with recent price action remaining below the 5-day SMA of 1528.61 and the 20-day SMA of 1529.01, confirming bearish momentum. The 200-day moving average is not provided, but the nearest support is at 1525.75 and resistance near 1531.48. The RSI indicates weakening buying interest, aligning with the downtrend. No major upcoming events are noted to significantly impact price action. For information only.
Last Updated 1/15/26

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.