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Market Overview
The JPY/XOF pair closed at 3.57692 on January 28, 2026, marking a slight increase of 0.01% from the previous close, yet maintaining a downtrend over the past 30 days with a period return of -0.29%. The pair remains near its recent low of 3.5715, suggesting limited upward momentum. No major economic events are scheduled imminently to significantly impact price action. Technically, the 20-day SMA stands at 3.5798, the 50-day and 200-day DMAs are not specified, while the RSI indicates subdued momentum. Nearest support is at 3.5715 and resistance near 3.59. The overall outlook points to continued consolidation within the current range. 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.