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Market Overview
The NZD/XAF pair closed at 333.3219 on January 29, 2026, reflecting a slight increase of 0.02% from the previous close of 333.23987, consistent with its ongoing uptrend. Over the past 30 days, the pair has gained 0.71%, trading between a low of 330.79875 and a high of 333.38675. The forecast suggests continued gradual appreciation, with resistance near 333.39 and support around 331.00 to 330.80. No major economic events are scheduled imminently, but eurozone monetary policy remains a key factor due to the CFA franc’s peg to the euro. Technical indicators show the 20-day SMA at 332.43, 50-day SMA near 331.00, and 200-day SMA around 329.50; the RSI stands at 62, indicating moderate momentum. Nearest support is at 331.00, with resistance at 333.39. 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.