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Market Overview
The EUR/XOF pair closed at 655.95869 on January 9, 2026, showing a marginal decline of 0.00% (−0.00079%) from the previous close, consistent with its recent slight negative 30-day return of −0.10%. Despite this minor dip, the overall trend remains an uptrend supported by the 5- and 20-period SMAs near 655.96. The pair is expected to maintain its range-bound behavior due to the fixed peg to the Euro, with limited volatility anticipated unless external shocks occur. Technical indicators show the 20/50/200-DMAs closely aligned around 655.96, an RSI near neutral levels, and nearest support and resistance clustered tightly between 655.94811 and 655.98558. No significant upcoming events are currently expected to disrupt this stability. 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.