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Market Overview
The EUR/UGX pair closed at 4179.90 UGX on January 9, 2026, marking a slight decline of 0.05% from the previous close, consistent with its ongoing downtrend. Over the past 30 days, the pair has decreased by approximately 0.25%, with recent highs near 4203.36 UGX and lows around 4177.00 UGX. No major economic events are scheduled imminently, but ECB policy decisions and Uganda’s export data remain key factors to monitor. Technical indicators show the 20-, 50-, and 200-day moving averages at 4191.41, 4191.41, and not specified, respectively, with an RSI indicating mild bearish momentum. Nearest support is at 4170 UGX and resistance near 4200 UGX. 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.