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Market Overview
The JPY/XOF pair closed at 3.62961, reflecting a slight decline of 0.02% from the previous close, consistent with the ongoing downtrend observed over the past 30 days, which shows a return of -4.85%. The pair remains range-bound between recent support at 3.62814 and resistance near 3.63572. Technical indicators show the 20-day SMA at 3.63143, 50-day SMA near 3.63035, and 200-day SMA not specified, with an RSI indicating subdued momentum. No major upcoming events are currently expected to disrupt this consolidation phase. The downtrend is confirmed by lower highs and lows, suggesting cautious market sentiment. 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.