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Market Overview
The USD/DZD pair closed at 130.21534 on January 16, 2026, marking a slight decline of 0.09% from the previous close, consistent with the ongoing downtrend observed over the past 30 days, which saw a 0.74% decrease. The pair remains range-bound between support near 129.9 and resistance around 130.5, with the 20-day SMA at 130.29907, 50-day and 200-day SMAs not provided but implied stable. The RSI indicates weakening momentum, supporting the bearish trend. No major economic events are scheduled imminently, though oil price fluctuations and US monetary policy remain key external factors. Technical levels to watch include support at 129.97585 and resistance at 130.79135. 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.