Today's message about the Forex Trading Alerts is going to be short as there won't be a regular Alert issued today. Still, Nadia Simmons is keeping an eye on market developments, and has sent in the following information regarding the currently open positions.

USD/JPY has rolled over to the downside today, boosting our open short position's standing significantly. The first downside target for the sellers is the support area created by last week's lows. While AUD/USD has risen today, it continues to trade below both previously broken declining resistance lines, and the bulls appear to have issues holding on to all their gains so far. Both the USD/JPY and AUD/USD short positions continue being justified from the risk-reward perspective. 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