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Market Overview
The USD/EGP closed at 47.24826, continuing its uptrend with a modest change of 0.01% from the previous close. Over the past 30 days, the pair has appreciated by approximately 1.47%, maintaining a stable range between 47.22 and 47.29. The outlook remains cautiously optimistic, supported by Egypt’s policy measures and steady US dollar strength, with no major economic events immediately expected to disrupt this trend. Technically, the 20-day, 50-day, and 200-day moving averages are closely aligned near 47.25, confirming upward momentum. The RSI indicates mild strength, while nearest support and resistance levels stand at 47.20 and 47.30 respectively. 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.