Today's message about the Forex Trading Alerts is going to be short as Nadia Simmons is not in the position to write the regular issue in full today. Still, she is keeping an eye on market developments, and has sent in the following summary:

The euro keeps trading at the lower border of the blue consolidation as the bulls invalidated yesterday's breakdown attempt. The daily indicators keep pointing in the direction of further downside though. While USD/JPY came back to trade at the upper border of the declining grey trend channel, the daily indicators still support the downside move - the short positions remains justified. GBP/USD is still confined to the blue consolidation around the previously-broken pink resistance zone. As its downside move is favored by both the CCI and Stochastic Oscillator, the open short position remains justified. USD/CHF reversal is in progress and the open short position is also justified. Apart from these, there're no other opportunities worth acting upon in the currencies. As always, we'll keep you - our subscribers - informed.

Thank you.

Nadia Simmons
Forex & Oil Trading Strategist