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Market Overview
The EUR/XAF pair closed at 655.9571, showing a slight decline of 0.00% from the previous close, consistent with its ongoing downtrend. Over the past 30 periods, the price has remained tightly range-bound between 655.9472 and 655.9865, reflecting minimal volatility. The outlook suggests continued stability near the peg level, with no major economic events currently expected to disrupt this pattern. Technical indicators show the 20-, 50-, and 200-day moving averages clustered near 655.96, an RSI indicating subdued momentum, and key support and resistance levels at approximately 655.94 and 655.99, respectively. 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.