US Dollar / West African CFA Franc

The dollar against the CFA franc, which is pegged to the euro — so this pair moves with EUR/USD, not with West Africa.

571.440.00%

Price · last 3 months

Simulated shape

Market trend

Neutral

34/100 confidence

US Dollar / West African CFA Franc is range-bound with no decisive edge either way.

Confidence measures how much the indicators agree with each other. It is not a probability that a trade will be profitable.

Signals behind this

Price vs long-term averagebullish
EMA 20 vs EMA 50bullish
MACD momentumbearish
RSI (14)neutral
Bollinger positionneutral
Market structurebullish

Key levels

573.39+0.34%
576.01+0.80%
583.02+2.03%

Price571.44

569.37-0.36%
539.75-5.54%
535.98-6.21%

18.5%annualised · high

Realised volatility is running well above what is normal for US Dollar / West African CFA Franc. Ranges are wide, stops need more room, and position sizes should be smaller than usual to keep risk constant.

How this developed

Major moves, trend changes, level breaks and news for this window, newest first.

Closed above 573.39
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
2d ago
Closed above 576.01
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
2d ago
Closed above 576.01
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
7d ago
Closed above 576.01
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
10d ago
Closed above 573.39
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
11d ago
Closed below 569.37
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
19d ago
Closed above 573.39
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
22d ago
Closed above 576.01
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
22d ago
Closed above 573.39
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
24d ago
Closed above 576.01
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
24d ago
Closed above 583.02
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
24d ago
Closed above 573.39
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
26d ago
Medium-term trend turned bullish
Trend change
The 20-period average crossed above the 50-period average — the same signal behind this page's trend verdict.
28d ago
Medium-term trend turned bearish
Trend change
The 20-period average crossed below the 50-period average — the same signal behind this page's trend verdict.
29d ago
Closed below 569.37
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Aug 14
Jumped 3.33% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.6× its typical daily range (2.05%).
Aug 8
Closed below 539.75
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Aug 6
Dropped 2.52% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.5× its typical daily range (1.70%).
Jul 29
Closed below 569.37
Level break
That price is one of today's key levels — this is when price last closed on the other side of it.
Jul 26
Dropped 2.90% in one bar
Price move
A genuinely large move for this market, not just a large-looking percentage — it moved 1.5× its typical daily range (1.97%).
Jul 6

Showing the 20 most recent of 21 events in this window.

Summary

Writing

Technical indicators

Computed from 90 bars over the last 3 months.

572.86 / 567.51

bullish

The 20-period average sits above the 50-period average, which is the classic shape of an uptrend. Price above both means buyers have controlled the recent range.

50.0

neutral

At 50 momentum is in the normal band — neither stretched nor exhausted, so RSI is not arguing for a reversal in either direction.

2.6548

bearish

MACD sits below its signal line — short-term momentum has rolled over relative to the medium-term trend, which typically precedes or confirms a pullback.

1.07× average

neutral

Volume is close to its period average — participation is normal and is neither confirming nor contradicting the price move.

10.90 (1.91%)

neutral

The market has been moving about 10.90 per bar, or 1.91% of price. This is the number position sizing and stop placement should be built around — a stop tighter than this will be hit by ordinary noise.

Two ways this could go

Both paths are shown with equal weight. Neither is a prediction.

Potential bullish scenario

Trigger: A daily close above 573.39 on above-average volume
If it fires: 576.01 as the next area where sellers have previously stepped in
Invalidation: A move back below 569.37 would void this idea

If buyers can absorb the supply sitting at 573.39 and hold above it into a close, the path of least resistance opens toward 576.01. In a range-bound market a clean break is what resolves the indecision, so the volume behind it matters more than the break itself. Given the market is moving roughly 10.90 per bar, allow at least that much room before treating a wick through the level as a real breakout.

Potential bearish scenario

Trigger: Losing 569.37 and failing to reclaim it
If it fires: 539.75, the next level where buyers previously defended
Invalidation: Reclaiming 573.39 would void this idea

If 569.37 gives way and the market cannot recover it quickly, the next obvious area of interest is 539.75. With no trend in place, a failure at support is as likely to resolve the range as a break higher. With volatility elevated, a break can travel a long way quickly — the first move is often the largest.

Trading risks

This analysis reads price history. It cannot anticipate news, and markets reprice on news faster than any indicator updates.
Volatility is high at roughly 18% annualised, so the usual position size carries more risk than usual right now.
Indicators disagree with each other on this timeframe, which historically means choppy conditions and a higher rate of false signals.
Central bank speakers can reprice the whole curve in seconds, and FX gaps over weekends.
Leverage is typically highest in FX, so ordinary moves produce outsized account impact.

Key events to watch

Central bank rate decisions and the accompanying statement language
Monthly inflation (CPI) and employment releases for both currencies in the pair
Scheduled speeches from voting policy committee members

What actually drives US Dollar / West African CFA Franc: the EUR/XOF peg, EUR/USD, French Treasury guarantee, regional cocoa and cotton exports.

This analysis is educational and should not be considered financial advice. It is generated from historical price data and can be wrong. Markets reprice on news faster than any indicator updates. Never risk money you cannot afford to lose.

Generated Sep 19, 03:48 AM · The current price is live, but no source covers this timeframe — the shape of this chart is simulated and scaled to the live price. Treat the pattern as illustrative, not as real history.