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Market Overview
The USD/AZN pair closed at 1.7000, nearly unchanged from the previous close of 1.70003, reflecting a minimal change of -0.00%. Over the past 30 days, the pair has traded within a narrow range between 1.69708 and 1.70763, maintaining a mild uptrend. The outlook suggests continued range-bound trading with limited volatility, pending any significant economic data or geopolitical developments. Key technical indicators show the 20-, 50-, and 200-day moving averages all near 1.7000, with an RSI indicating balanced momentum. Nearest support is at 1.6970 and resistance at 1.7076. No major events are currently expected to disrupt this stability. 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.