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GOLD: Holdings in exchange-traded products climbed to an all-time high of 18,991.92 metric tons
GOLD Imports by China from HongKong climbed to a seven-month high in November
GOLD China’s net imports of gold, (excluding Hong Kong),were 61,786.6 kilograms in November
UK : Wage Growth Slows to 21-Month Low as Spending Power Falls on account of Taxation
UK : Pound Approaches One-Month Low as Retail Sales Slow; Gilts Gain
UK The U.K. economy shrank 0.1% in December

The yen continued to rise against the dollar and the euro in early Asian trading on Wednesday despite expectations of further easing steps from the Bank of Japan, The euro dropped to 113.80 yen after falling as far as 113.55 yen, its lowest level since late December.
Factors

Technical : EUR JPY broke below its 14-day moving average for the first time since Dec. 11 and is moving further away from its 18-month high of 115.995 yen
Bank of Japan will accede to government pressure to expand monetary easing that tends to weaken the currency.
CAD for the first time in three days as global risk appetite declined.
U.K. Wage Growth Slows to 21-Month Low as Spending Power Falls on account of Taxation
Pound Approaches One-Month Low as Retail Sales Slow; Gilts Gain
The U.K. economy shrank 0.1% in December
AUD retail sales unexpectedly declined and job vacancies dropped.

EUR/USD intraday: under pressure.

Pivot: 1.3140.
Our preference: SHORT positions @ 1.313 with targets @ 1.3055 & 1.303.
Alternative scenario: The upside breakout of 1.314 will open the way to 1.317 & 1.3215.
Comment: the pair is posting a rebound on an intermediary intraday support but stands below a strong resistance, the RSI stands above its neutral area but lacks upward momentum.

Opinion published is an intraday view. Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced

GBP/USD intraday: under pressure. Pivot: 1.6090. Our preference: SHORT positions @ 1.608 with 1.602 & 1.6 in sight. Alternative scenario: The upside penetration of 1.609 will call for 1.613 & 1.6175. Comment: the pair has broken below a rising trend line and remains under pressure, challenging its support, the RSI stands below its neutral area. Opinion published is an intraday view. Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced

USD/CAD intraday: key ST resistance at 0.9885. Pivot: 0.9885 Our preference: Short positions below 0.9885 with targets @ 0.984 & 0.982 in extension. Alternative scenario: Above 0.9885 look for further upside with 0.9905 & 0.9925 as targets. Comment: the pair stands below a strong intraday resistance and remains under pressure, the RSI is turning down and stands around its neutral area. Opinion published is an intraday view. Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced

USD/JPY intraday: the upside prevails. Pivot: 86.80. Our preference: LONG positions above 86.8 with 87.8 & 88.05 in sight. Alternative scenario: The downside penetration of 86.8 will call for a slide towards 86.5 & 86.15. Comment: the pair has broken above a declining trend line and remains on the upside, the RSI stands above its neutral area and remains well directed. Opinion published is an intraday view. Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced

AUD/USD intraday: bullish bias above 1.047. Pivot: 1.047 Our preference: Long positions above 1.047 with targets @ 1.0515 & 1.053 in extension. Alternative scenario: Below 1.047 look for further downside with 1.0455 & 1.0435 as targets. Comment: the pair remains on the upside and is challenging its strong resistance, the RSI stands above its neutral area and is well directed. Opinion published is an intraday view. Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced

USD/CHF intraday: caution.

Pivot: 0.9250.
Our preference: SHORT positions below 0.925 with 0.9195 & 0.9165 in sight.
Alternative scenario: The upside penetration of 0.925 will call for 0.9285 & 0.93.
Comment: the pair is on the upside and is challenging its new resistance, the RSI is mixed and calls for caution.

Opinion published is an intraday view. Green Lines Represent Resistance | Red Represent Support Levels | Light Blue is a Pivot Point | Black represents the price when the report was produced