Today's JPY to XOF Price Update

Summary

This report provides the real-time exchange rate between the Japanese Yen (JPY) and the West African CFA Franc BCEAO (XOF), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Japanese Yen (JPY) is a major fiat currency and the official currency of Japan, while the West African CFA Franc BCEAO (XOF) serves as the currency for West African Economic and Monetary Union member states. The exchange rate between them reflects market sentiment and currency valuation dynamics between these two regions.

Today’s Price

• 1 JPY = 3.58 XOF
• 24h High: 3.5824 XOF
• 24h Low: 3.5701 XOF

Market Analysis

Recent technical analysis of the JPY/XOF pair reveals mixed signals, with the moving averages showing a Strong Sell outlook across multiple timeframes (MA5 to MA200), generating 12 Sell signals and 0 Buy signals. However, the 14-day Relative Strength Index (RSI) stands at 45.829, indicating a Neutral sentiment for the pair as of 2026-01-29.

• Technical outlook: Strong Sell signals from moving average analysis suggest downward pressure
• RSI indicator: Neutral reading at 45.829 suggests potential consolidation
• Risk note: The pair exhibits mixed technical signals, requiring careful position management
• Trading opportunities: Monitor for potential breakout opportunities as the pair navigates between 3.5701 and 3.5824 support and resistance levels

Conclusion

Continue to monitor the JPY/XOF pair closely, integrating technical indicators with market sentiment. Traders should remain cautious given the divergence between moving average signals and RSI readings, and watch for clearer directional confirmation before establishing significant positions.