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Market Overview
The EUR/USD pair closed at 1.16097 on January 16, 2026, reflecting a slight decline of 0.03% from the previous close of 1.16135, yet maintaining an overall uptrend. Over the past 30 days, the pair has seen a modest decrease of 0.06%, with a high of 1.16178 and a low of 1.16023. Upcoming economic data releases from the Eurozone and the U.S. may influence price action. Technical indicators show the 20-, 50-, and 200-day moving averages near 1.16095, 1.16111, and levels consistent with the uptrend; the RSI is stable, while nearest support and resistance stand around 1.1600 and 1.1620 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.