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    Newly Sworn-In Vice-Chancellor Dies Just a Day After Taking Office

    Newly Sworn-In Vice-Chancellor Dies Just a Day After Taking Office

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    President Tinubu Declares Three-Day National Mourning for Air Force Personnel Killed in Ondo Plane Cras

    JAMB Plans UTME Centre in Ottawa, Canada, from 2027

    JAMB Plans UTME Centre in Ottawa, Canada, from 2027

    Military Plane With 32 Aboard Crashes in Ondo State

    Military Plane With 32 Aboard Crashes in Ondo State

    WAEC Appoints Suleiman Kum as Head of Nigeria National Office

    WAEC Appoints Suleiman Kum as Head of Nigeria National Office

    NJC sacks two heads of court, suspends two judges, sets up panel

    Court restricts Osun govt bank accounts over $13.9m arbitration award

    Nigerian Navy Opens Recruitment Portal, Deadline, Requirements and How to Apply

    Nigerian Navy Opens Recruitment Portal, Deadline, Requirements and How to Apply

    Breaking: President Tinubu dissolves Boards of Parastatals, Agencies, Institutions

    President Tinubu’s 2026 Independence day address to the nation

    Cost of Living, Jobs Now Top Priority, Tinubu Says at Nigeria at 66

    Cost of Living, Jobs Now Top Priority, Tinubu Says at Nigeria at 66

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    NNPC Records 33% Profit Growth, Raises Dividend 35% to N5.8 Trillion in 2025 FY

    FG Announces 30-Day Discount on Petrol Sold by NNPC

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

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    Zenith Bank Plc declares ₦1.50 interim dividend for H1 2026 as pre-tax profit rises 1.9% to ₦637.60 billion

    Zenith Bank Plc declares ₦1.50 interim dividend for H1 2026 as pre-tax profit rises 1.9% to ₦637.60 billion

    NNPC Records 33% Profit Growth, Raises Dividend 35% to N5.8 Trillion in 2025 FY

    FG Announces 30-Day Discount on Petrol Sold by NNPC

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote Refinery IPO Enters Final Week as ₦525 Offer Closes October 13

    Etihad, Ibom Air Sign Deal to Connect Five Nigerian Cities on a Single Ticket

    Etihad, Ibom Air Sign Deal to Connect Five Nigerian Cities on a Single Ticket

    VFD Group Plc gives notification of the meeting of the Board of Directors

    VFD Group appoints Mrs Emezie-Ezigbo as Deputy Managing Director

    Bank of Industry launches MyBOI to simplify credit application

    Bank of Industry launches MyBOI to simplify credit application

    Airtel Africa announces IPO offer price for Airtel Money

    Airtel Africa announces IPO offer price for Airtel Money

    Cutix Plc founder sells additional 1.8 million shares of the company

    UAC of Nigeria Plc to sell its 73.29% stake in Livestock Feeds Plc for ₦19.5 billion

    Stanbic IBTC Holdings Plc announces N1.50 interim dividend for half-year 2023

    Stanbic IBTC Holdings Plc announces N4.50 interim dividend for H1 2026

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    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    NGX Daily Equities Market Report: MTNN lead market to a positive start for the week

    Investors trade shares worth ₦237.986 billion in the week of Dangote Refinery IPO

    Dangote refinery starts supply of petroleum products into Nigerian market

    Dangote Refinery IPO gets SEC approval, sets price at N525 per share

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

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    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

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    Newly Sworn-In Vice-Chancellor Dies Just a Day After Taking Office

    Newly Sworn-In Vice-Chancellor Dies Just a Day After Taking Office

    President Bola Tinubu names Military Barrack after self in Abuja

    President Tinubu Declares Three-Day National Mourning for Air Force Personnel Killed in Ondo Plane Cras

    JAMB Plans UTME Centre in Ottawa, Canada, from 2027

    JAMB Plans UTME Centre in Ottawa, Canada, from 2027

    Military Plane With 32 Aboard Crashes in Ondo State

    Military Plane With 32 Aboard Crashes in Ondo State

    WAEC Appoints Suleiman Kum as Head of Nigeria National Office

    WAEC Appoints Suleiman Kum as Head of Nigeria National Office

    NJC sacks two heads of court, suspends two judges, sets up panel

    Court restricts Osun govt bank accounts over $13.9m arbitration award

    Nigerian Navy Opens Recruitment Portal, Deadline, Requirements and How to Apply

    Nigerian Navy Opens Recruitment Portal, Deadline, Requirements and How to Apply

    Breaking: President Tinubu dissolves Boards of Parastatals, Agencies, Institutions

    President Tinubu’s 2026 Independence day address to the nation

    Cost of Living, Jobs Now Top Priority, Tinubu Says at Nigeria at 66

    Cost of Living, Jobs Now Top Priority, Tinubu Says at Nigeria at 66

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    NNPC Records 33% Profit Growth, Raises Dividend 35% to N5.8 Trillion in 2025 FY

    FG Announces 30-Day Discount on Petrol Sold by NNPC

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    Airlines Warn of Nationwide Shutdown Over Union Blockades, Demand Role in MMIA

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    NMDPRA Approves Import Permits Despite Growing Local Refining Capacity

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    NMDPRA Unveils 138 Rules to Tackle Price-Fixing, Break Monopoly in Petroleum Sector

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    Central Bank of Nigeria Cuts MPR to 23 Percent From 26.5 Percent

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    Don’t pursue tax collection target without building taxpayer trust – Tax Ombud

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    SEC Nigeria to introduce tax incentive backed National Savings Scheme

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Petrol Prices Approach N1,500 per Litre Amid Crude Oil Surge

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote ends naira sales, Begins petrol Sales in Dollar

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    Zenith Bank Plc declares ₦1.50 interim dividend for H1 2026 as pre-tax profit rises 1.9% to ₦637.60 billion

    Zenith Bank Plc declares ₦1.50 interim dividend for H1 2026 as pre-tax profit rises 1.9% to ₦637.60 billion

    NNPC Records 33% Profit Growth, Raises Dividend 35% to N5.8 Trillion in 2025 FY

    FG Announces 30-Day Discount on Petrol Sold by NNPC

    Dangote ends naira sales, Begins petrol Sales in Dollar

    Dangote Refinery IPO Enters Final Week as ₦525 Offer Closes October 13

    Etihad, Ibom Air Sign Deal to Connect Five Nigerian Cities on a Single Ticket

    Etihad, Ibom Air Sign Deal to Connect Five Nigerian Cities on a Single Ticket

    VFD Group Plc gives notification of the meeting of the Board of Directors

    VFD Group appoints Mrs Emezie-Ezigbo as Deputy Managing Director

    Bank of Industry launches MyBOI to simplify credit application

    Bank of Industry launches MyBOI to simplify credit application

    Airtel Africa announces IPO offer price for Airtel Money

    Airtel Africa announces IPO offer price for Airtel Money

    Cutix Plc founder sells additional 1.8 million shares of the company

    UAC of Nigeria Plc to sell its 73.29% stake in Livestock Feeds Plc for ₦19.5 billion

    Stanbic IBTC Holdings Plc announces N1.50 interim dividend for half-year 2023

    Stanbic IBTC Holdings Plc announces N4.50 interim dividend for H1 2026

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    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    NGX lists additional shares of Guinea Insurance Plc, Regency Alliance Insurance Plc and The Initiates Plc

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    Nigerian Exchange launches a WhatsApp subscription channel for public offers

    NGX Daily Equities Market Report: MTNN lead market to a positive start for the week

    Investors trade shares worth ₦237.986 billion in the week of Dangote Refinery IPO

    Dangote refinery starts supply of petroleum products into Nigerian market

    Dangote Refinery IPO gets SEC approval, sets price at N525 per share

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    BUA Cement boss Abdul Samad Rabiu Pockets N189.74bn from FY 2025 dividend payout

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    Aliko Dangote Secures Approval for Ethiopia-Djibouti Oil and Gas Pipelines Projects

    NEIMETH lists additional 2.37 billion shares on NGX

    Neimeth Opens N4.00 Rights Issue to Shareholders

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    NCR Nigeria explains the delay in filing the Q1 2026 Account

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

    MicroStrategy Raises $82 Million in Stock Sale, Pauses Bitcoin Purchases

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    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

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Home Markets

Hybreed market forecast for week ending 12th to 16th April 2021

Market forecast

Tuesday, 13 April 2021, 8:09 pm
in Markets, Opinion & Analysis
0
Hybreed weekly Forex Forecast for the week ending 29th March to 2nd April 2021
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AUDUSD

The Aussie confirmed a potential bearish pattern, am talking about the head and shoulders that I have discussed for two weeks now.

Ever since the Aussie closed below 0.7640 on 24-03-2021 it has been moving side ways it has found support on a trend line bouncing off 0.759 today. This consolidation I believe is a breakout in the waiting.

A daily close below 0.759 will expose 0.7500 and the measured objective around 0.7300.

  Resistance remains the neckline of the the head and shoulders currently at 0.76754.

AUDUSD daily time frame

GBPUSD 

GBPUSD rallied and topped with a bearish pin bar and started to retreat. it also broke out of an ascending channel and stalled.

Currently there is a descending in play and signifies and a continuation since descending channels almost always breaks to the up side.

There is horizontal resistance at 1.376 and trend line support at 1.352; there is a confluence of support at 1.3480/1.34816 any retest of these support will be an opportunity to get long. Targeting the channel and horizontal resistance round 1.370 and 1.37642.

A daily close above the will channel will expose 1.400 and 1.425. GBPUSD daily time frame

BTCUSD

Bitcoin has been pressuring the all time high resistance I discussed last week.

In that article I highlighted the horizontal resistance and channel support. A daily close above 61450 will open the way towards the channel resistance around 75000.

Alternately, a daily close below the channel support might send the price to the next support at 50666. BTCUSD daily time frame

GBPJPY

GBPJPY rallied impressively after it broke out of a multiyear trend line on the 28th of January 2021 moving over 1000 pips. The close above 152.480 turned to be false and also completed the formation of a bear flag.

Currently the price is hovering above the trend line support around 149.40.

A daily close below 149.40 will produce a deeper a pull-back.GBPJPY daily time frame

Vivian Ifunanya Gerald

Administrator and Writer

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Zenith Bank Plc declares ₦1.50 interim dividend for H1 2026 as pre-tax profit rises 1.9% to ₦637.60 billion

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