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Market Overview
The EUR/RWF pair closed at 1694.71693, down 0.09% from the previous close of 1696.19, continuing a downtrend evident over the past 30 days with a decline of 0.12%. The pair remains below its 20-day SMA of 1696.04 and 50-day and 200-day DMAs (not provided), reflecting bearish momentum. The RSI indicates weakening buying pressure, while nearest support is near 1692.12 and resistance around 1698.57. No major upcoming economic events are currently expected to significantly impact price action. Technical indicators confirm a cautious bearish bias consistent with subdued market sentiment. 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.