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Market Overview
The JPY/HUF pair closed at 2.0981 on January 18, 2026, slightly down by 0.01% from the previous close, continuing its downtrend over the past 30 days with a decline of approximately 0.06%. The pair remains below its 20-day SMA of 2.0991 and 50-day SMA, with the 5-day SMA at 2.0987, confirming bearish momentum. The RSI indicates weakening buying pressure, while support is near 2.09806 and resistance around 2.10006. No major economic events are scheduled imminently, but upcoming data from Japan and Hungary could influence price action. Technical indicators suggest the downtrend is likely to persist. For information only.
Last Updated 1/29/26

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.