Euro South African Rand Forex Trading Report .

Currency Market Summary: Euro / South African Rand

Market Prices
Open	9.5389 ↑
High	9.6036 ↑
Low	9.4866 ↑
Close	9.5426 ↑
Change	+0.0212 +0.22%
FX Market summary In the previous market session Euro / South African Rand closed higher, up +0.0212 points. [CloseUp] The FX rate EUR/ZAR has rallied. [Rally]

Trading Levels
Resistance 3	9.6367
Resistance 2	9.6145
Resistance 1	9.5786
Close	9.5426
Support 1	9.5066
Support 2	9.4707
Support 3	9.4485
Forex Trading Signals In the most recent trading session Euro / South African Rand broke up through the second resistance level. [Res2Broke, Res1Broke] EUR/ZAR stayed above support level 1. [SupHeld] The market closed the session between support and resistance levels one. [SupCloseRes]

50 day high	20 day high	5 day high	5 day low	20 day low	50 day high
10.0746	9.9439	9.7183	9.4779	9.3380	9.1962

Moving Averages		Commentary
5 Day	9.5606	EUR/ZAR remains under its 5 day moving average. [Ma5Close]. This has been the case for 6 days when the closing price at that time was 9.7217.
20 Day	9.5835	EUR/ZAR remains under its 20 day moving average. [Ma20Close]. This has been the case for 5 days when the closing price at that time was 9.6061.
50 Day	9.5745	EUR/ZAR remains under its 50 day moving average. [Ma50Close]. This has been the case for 4 days when the closing price at that time was 9.5792.

FX Technical Analysis: Euro / South African Rand

Moving Averages		Commentary
5 Day	9.5606	EUR/ZAR remains under its 5 day moving average. [Ma5Close]. This has been the case for 6 days when the closing price at that time was 9.7217.
20 Day	9.5835	EUR/ZAR remains under its 20 day moving average. [Ma20Close]. This has been the case for 5 days when the closing price at that time was 9.6061.
50 Day	9.5745	EUR/ZAR remains under its 50 day moving average. [Ma50Close]. This has been the case for 4 days when the closing price at that time was 9.5792.

Stochastic		Commentary
Stochastic	13.50	The stochastic is oversold and has generated a bullish crossover. [StocOS, StocXBull, StocRise] The previous bearish crossover occured 6 days at a price of 9.7217.
Trigger	13.28

Stochastic RSI		Commentary
Stochastic RSI	3.87	The stochastic RSI is oversold yet it continues to fall. [StocRSIOS, StocRSIFall] The move down has been in place for 5 days when the price was 9.6061.
Trigger	11.67

Ichimoku Kinko Hyo Commentary
The Ichimoku Kinko Hyo trading system for EUR/ZAR is neutral and has been neutral for 5 days. The closing price at that time was 9.6061. [IchiNeutral]

Forex Trading Signals

FX Trading Signals - Technical Analysis signals recently generated.

GBP/EUR: [Swing Buy]

EUR/NZD: [5 DMA Bullish Cross] [20 DMA Bullish Cross] [50 DMA Bullish Cross]

USD/CAD: [Outside Day] [5 DMA Bullish Cross]

USD/CNY: [Inside Day]

USD/DKK: [Inside Day]

Forex News

Foreign Exchange headlines.

Fri, 30 Jul 2010 09:40:22 GMT+00:00 EUR/USD Forex Market Moving News by AceTrader - Forex Factory

Fri, 30 Jul 2010 09:27:52 GMT+00:00 My Trading Strategy with Moving Averages Tunnel and RSI (Forex Education) - IBTimes

Fri, 30 Jul 2010 06:10:15 GMT+00:00 Rolls-Royce profit drops on forex loss – Suppliers Share Wrap - Centre for Asia Pacific Aviation (subscription)

Fri, 30 Jul 2010 11:15:12 GMT+00:00 Forex Market Update - IBTimes

Thu, 29 Jul 2010 20:27:16 GMT+00:00 WORLD FOREX: Euro Hits Near 12-Week High Vs Dollar; US Economy Weighs - Wall Street Journal

www.forex.co.uk

Euro / South African Rand Overview:

Currency Market Summary: Euro / South African Rand

FX Technical Analysis: Euro / South African Rand