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Market Overview
The JPY/LBP pair closed at 588.98297 on October 29, 2025, reflecting a slight increase of 0.02% from the previous close, consistent with its ongoing uptrend. Over the past 30 days, the pair has gained 0.39%, with a recent high of 590.14 and a low of 586.05, indicating steady appreciation. No major economic events are scheduled imminently, but market participants remain attentive to geopolitical developments and central bank communications from Japan and Lebanon. Technical indicators show the 20-day moving average at 588.57, the 50-day at 587.50, and the 200-day at 585.00; the RSI stands at 62, suggesting moderate momentum. Nearest support is at 587.50, with resistance near 590.50. For information only.
Last Updated 10/30/25

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.