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Market Overview
The JPY/LKR pair closed at 1.9939 on October 29, 2025, reflecting a slight decline of 0.04% from the previous session, consistent with the ongoing downtrend. Over the past 30 days, the pair has shown a modest 0.73% gain, trading within a range of 1.9791 to 1.9969. No major economic events are scheduled imminently to significantly impact price action. Technically, the pair is below the 20-day SMA at 1.9932, with the 50-day and 200-day DMAs not provided, while the RSI indicates subdued momentum. Nearest support is near 1.9790 and resistance around 1.9969, aligning with the downtrend and range-bound outlook. 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.