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Major Currency Pairs: Pivot Levels for Wednesday (March 15th 2017)

March 15, 2017 6:56 am
USD/CHF R1 – 1.0111 R2 – 1.0121 R3 (Range Resistance – Sell) – 1.0130 R4 (Long Breakout) – 1.0158 R5 (Breakout Target 1) – 1.0190 R6 (Breakout Target 2) – 1.0204 S1 – 1.0093 S2 – 1.0083 S3 (Range Support – Buy) – 1.0074 S4 (Short Breakout) – 1.0046 S5 (Breakout Target 1) – 1.0014 […] Read more

Starbucks shares retreat the most in two weeks on Friday, social media boycott campaign has not hurt business, retailer says

March 13, 2017 8:18 am
On March 10th Starbucks Corporation (SBUX) said that the boycott campaign on the social media, following the retailer’s decision to hire 10 000 refugees worldwide in five years, has not done any harm to the brand. Starbucks shares registered their largest daily slump since February 27th on Friday, while also marking their seventh consecutive session […] Read more

Commodity Market: Pivot Levels for Monday (March 13th 2017)

March 13, 2017 7:00 am
Silver (SI) for May delivery (1 Troy Ounce) R1 – $16.946 R2 – $16.969 R3 (Range Resistance – Sell) – $16.992 R4 (Long Breakout) – $17.061 R5 (Breakout Target 1) – $17.141 R6 (Breakout Target 2) – $17.174 S1 – $16.900 S2 – $16.877 S3 (Range Support – Buy) – $16.854 S4 (Short Breakout) – […] Read more

Wells Fargo shares gain for the first time in four sessions on Thursday, several retail banking senior executives said to have been demoted

March 10, 2017 10:15 am
Wells Fargo & Company (WFC) was reported to have taken further measures in restructuring its retail banking division, which led to the demotion of several senior executives. However, Wells Fargo has not yet made any statements on the matter. Wells Fargo shares closed higher on Thursday, while marking their first gain in the past four […] Read more

Staples shares retreat the most in almost seven months on Thursday, retailer’s Q4 earnings and sales fall short of expectations

March 10, 2017 8:18 am
On March 9th Staples Inc (SPLS) reported lower-than-projected quarterly earnings and sales, which led to the sharpest drop in its shares in almost seven months. Staples shares registered their largest daily slump since August 17th 2016 on Thursday. The stock went down 5.25% ($0.47) to $8.49, after touching an intraday low at $8.35, or a […] Read more