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Market Overview
The USD/BIF pair closed at 2961.18 on January 29, 2026, slightly below the previous close of 2961.65, continuing its downtrend with a minor change of -0.02%. Over the past 30 days, the pair declined by 1.93%, reflecting steady bearish pressure within a narrow range between 2959.86 and 2965.23. The 20-day, 50-day, and 200-day moving averages stand at 2962.77, not provided, and not provided respectively, with the price below the 20-day SMA, confirming the downtrend. The RSI indicates weakening momentum, while nearest support and resistance levels are approximately 2955 and 2970. No significant upcoming events are currently expected to alter this trend. 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.