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Market Overview
The USD/VES closed at 360.08761 on January 29, 2026, reflecting a marginal daily increase of 0.01%, yet maintaining a downtrend with a 30-day return of -18.63%. The pair remains pressured by Venezuela’s economic instability and persistent currency weakness. No significant upcoming events are currently expected to alter this trajectory. Technically, the 20-day moving average stands at 360.22, the 50-day and 200-day averages are not provided, while the RSI indicates moderate momentum. Nearest support is at 352 and resistance near 362, consistent with recent price ranges. The overall outlook suggests continued downward pressure. 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.