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Market Overview
The EUR/NGN pair closed at 1682.13 on December 3, 2025, reflecting a slight decline of 0.06% from the previous close of 1683.06, yet maintaining an overall uptrend with a 30-day return of 0.17%. The pair is supported by the 20-day moving average at 1682.18, the 50-day at 1682.65, and the 200-day average near the same range, indicating stable upward momentum. The RSI stands at a moderate level, suggesting no overbought conditions. Nearest support is at 1675.87, with resistance around 1684.15. No major economic events are scheduled imminently, but ongoing Eurozone policy and Nigerian oil market developments may influence price action. 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.