Investogist
No Result
View All Result
Wednesday, June 17, 2026
  • News
    • All
    • Africa
    • Nigeria
    • World
    Iran and US Strike Framework Deal to End War; Trump Orders Strait of Hormuz Reopened

    Iran and US Strike Framework Deal to End War; Trump Orders Strait of Hormuz Reopened

    SpaceX Launches 28 Starlink Satellites in Pre-Dawn Falcon 9 Mission

    Musk Becomes World’s First Trillionaire as Spacex Stock Soars 19%

    Air Peace, FG Evacuate 262 Nigerians from South Africa Due to Xenophobic Attacks

    Air Peace, FG Evacuate 262 Nigerians from South Africa Due to Xenophobic Attacks

    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

    Amazon Leo seeks Kenya licence for first African satellite gateway

    Amazon Leo seeks Kenya licence for first African satellite gateway

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    Dangote Refinery Faces Competition as Ardova, Ibeto Cut Prices

    Honeywell Flour Reports 12% Profit Growth in FY 2026, Recommends ₦0.20 Kobo Dividend

    Honeywell Flour Reports 12% Profit Growth in FY 2026, Recommends ₦0.20 Kobo Dividend

    Tinubu to deploy 1,000 forest guards, special rescue team to Ogbomosho

    Tinubu to deploy 1,000 forest guards, special rescue team to Ogbomosho

    NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

    NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Bill to prohibit foreign currency use in Nigeria scales first reading

    Nigeria’s Capital Importation Hits $10.37bn in Q1 2026

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Announces Currency Options for 4.26 Cents Final Dividend

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Conoil Reports 75% Profit Decline, Cuts Dividend to 200 Kobo

    Conoil Reports 75% Profit Decline, Cuts Dividend to 200 Kobo

    Tony Elumelu to chair Seplat Energy as the company names Effiong Okon CEO

    Tony Elumelu to chair Seplat Energy as the company names Effiong Okon CEO

    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

    Amazon Leo seeks Kenya licence for first African satellite gateway

    Amazon Leo seeks Kenya licence for first African satellite gateway

    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

    FCMB Group Proposes N0.35 Final Dividend for FY 2025

    FCMB Group Q1 2026 profit jumps 137% to ₦76.5bn

    FCMB Group Q1 2026 profit jumps 137% to ₦76.5bn

    CIG Motors partners with FCMB, offers up to N70m car loan to Nigerians

    FCMB Group’s Profit After Tax More Than Doubles to ₦177.27bn in 2025 FY

    Guinea Insurance Sees ₦2.21bn Gain in Year-End Forecast

    Guinea Insurance Pays ₦1.5 Billion Statutory Deposit to CBN, Meets NIIRA Deadline

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    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

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    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

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    Iran and US Strike Framework Deal to End War; Trump Orders Strait of Hormuz Reopened

    Iran and US Strike Framework Deal to End War; Trump Orders Strait of Hormuz Reopened

    SpaceX Launches 28 Starlink Satellites in Pre-Dawn Falcon 9 Mission

    Musk Becomes World’s First Trillionaire as Spacex Stock Soars 19%

    Air Peace, FG Evacuate 262 Nigerians from South Africa Due to Xenophobic Attacks

    Air Peace, FG Evacuate 262 Nigerians from South Africa Due to Xenophobic Attacks

    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

    Amazon Leo seeks Kenya licence for first African satellite gateway

    Amazon Leo seeks Kenya licence for first African satellite gateway

    Dangote Cement Profits Soar to ₦743bn on Price Increase

    Dangote Refinery Faces Competition as Ardova, Ibeto Cut Prices

    Honeywell Flour Reports 12% Profit Growth in FY 2026, Recommends ₦0.20 Kobo Dividend

    Honeywell Flour Reports 12% Profit Growth in FY 2026, Recommends ₦0.20 Kobo Dividend

    Tinubu to deploy 1,000 forest guards, special rescue team to Ogbomosho

    Tinubu to deploy 1,000 forest guards, special rescue team to Ogbomosho

    NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

    NNPC Accuses Dangote Refinery of Seeking Fuel Monopoly

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Bill to prohibit foreign currency use in Nigeria scales first reading

    Nigeria’s Capital Importation Hits $10.37bn in Q1 2026

    Airtel Africa Releases Audited Financial Statements for Q1 2026

    Airtel Africa Announces Currency Options for 4.26 Cents Final Dividend

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Dangote Refinery Slashes Jet Fuel Price to N1,650/Litre

    Access Bank UK set to acquire Mauritius  AfrAsia Bank

    Access Holdings Explains Non-Payment of 2025 Dividend Despite N1.01 Trillion Profit

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    United Capital Completes Recapitalisation of SEC-Regulated Subsidiaries 14 Months a Ahead of Regulatory Deadline

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Oando JV Supplies Gas to Power Bayelsa’s New 60MW IPP

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    Dangote Sugar to Raise ₦500bn via Rights Issue to Cut Debt, Fund Expansion

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

    Conoil Reports 75% Profit Decline, Cuts Dividend to 200 Kobo

    Conoil Reports 75% Profit Decline, Cuts Dividend to 200 Kobo

    Tony Elumelu to chair Seplat Energy as the company names Effiong Okon CEO

    Tony Elumelu to chair Seplat Energy as the company names Effiong Okon CEO

    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

    Amazon Leo seeks Kenya licence for first African satellite gateway

    Amazon Leo seeks Kenya licence for first African satellite gateway

    Nigeria Exchange Group Declares ₦1.00 Interim Dividend for Q3 2025

    FCMB Group Proposes N0.35 Final Dividend for FY 2025

    FCMB Group Q1 2026 profit jumps 137% to ₦76.5bn

    FCMB Group Q1 2026 profit jumps 137% to ₦76.5bn

    CIG Motors partners with FCMB, offers up to N70m car loan to Nigerians

    FCMB Group’s Profit After Tax More Than Doubles to ₦177.27bn in 2025 FY

    Guinea Insurance Sees ₦2.21bn Gain in Year-End Forecast

    Guinea Insurance Pays ₦1.5 Billion Statutory Deposit to CBN, Meets NIIRA Deadline

    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    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

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Banking Stability Concerns Rise as Nestoil Loans Block Dividends at Three Major Banks

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Nestlé Nigeria Publishes List of Unclaimed Dividends

    Acceptance for Champion Breweries Plc Take-Over Offer closes soon

    Champion Breweries Lists 2.38 Billion New Shares on NGX After Hybrid Offer

    NGX Delists DN Tyre, Greif Nigeria from Official List

    NGX Delists DN Tyre, Greif Nigeria from Official List

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    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

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

Weekly market forecast for the week ending 26th April to 30th 2021

Forex and Crypto market

Monday, 26 April 2021, 10:20 pm
in News
0
Hybreed weekly Forex Forecast for the week ending 29th March to 2nd April 2021
Share Share Share Share Send as Email

EURUSD

Eurusd broke out of a descending trend line on the 19th of April; this happened at the confluence of resistance 1.2010. Eurusd has  been trending higher since May of 2020 and the recent pullback seams to be a correction which may be setting the ground for a continuation of the bull move.

Buyers need to close the day above 1.2150 to expose higher price levels like1.2350 followed  by 1.2560. support remains between 1.2010 and 1.195. notice the that this area of support is a confluence of two two horizontal and the trend line.

EURUSD daily time frame

GBPJPY

GBPJPY has moved impressively almost without any pull back ever since it broke free from the 2017 trend line on the 28 of January 2021, this breakout produced a 1073 pips rally. Fast forward to today and we have an upward sloping flag break out confirmed with the daily below the channel support at 150.00. Buyers are currently retesting the slop resistance as I write this.

This leaves 148.20 exposed followed by 144.40 a daily close back into channel will negate this out look.

GBPJPY daily time frame

GBPUSD

The cable has been in a long term uptrend since March 2020; I wrote about the bull flag that was forming two weeks ago. last week it broke out with a strong move and stopped at 1.400 resistance. It will be preferable that this produces a retest of 1.376 confluence of support should it hold then we are likely to see a move into 1.400 and 1.4250.

This is a continuous pattern hence it will likely keep the bulls in control as long the price is above the channel support. GBPUSD daily time frame

BTCUSD

Bitcoin formed a false break after it closed above the previous all time high at 61,457 however buyers capitulated upon retest of 61,457 and that sent the price below the ascending channel support. It closed below 50,666 support on Sunday.

Today bitcoin moved back above 50666 forming a bullish engulfing bar in the early trading hours of today. This is significant because the altcoin in the middle of a cyclic bull market.

In my opinion every dip in this bull market should be treated as an opportunity to get long. A close above 50,666 will expose 61457, an eventual close above 61457 will put Bitcoin in price discovery with the channel bottom around 70000 as the next possible resistance.

BTC daily time frame.

RIPPLE

The last time I wrote about ripple I talked the narrowing wedge that it was about breaking out from and just as we anticipated ripple had an 350% run. A local appeared at 1.953 and it sold off aggressively.

Support came in at 0.950 which happened to be a resistance from 2018. todays candle has already engulfed Sunday’s candle forming an engulfing candle set up.

Resistance is at 1.450 a daily close it will expose the local top near the two dollar mark if we get a daily close above 1.953 resistance  that will leave the door to ATH at 3.00 open.

XRPUSD daily time frame

Vivian Ifunanya Gerald

Administrator and Writer

Related Posts:

  • Forex 1
    Hybreed Weekly Forex Forecast week ending 22nd to…
  • images (2)
    Hybreed weekly Forex Forecast for the week ending…
  • images (2)
    Weekly forex forecast for week ending 5th to 9th April 2021
  • images (2)
    Hybreed market forecast for week ending 12th to 16th…
Previous Post

TRANSCORP share price soar as Nigerian Exchange begin the week with 0.04% gain

Next Post

Q1 2021: Ecobank Group Profit after tax rises by 22%

Next Post
Ecobank Nigeria secures N50 bn 10-year bilateral subordinated loan

Q1 2021: Ecobank Group Profit after tax rises by 22%

Please login to join discussion
  • Trending
  • Comments
  • Latest
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

Nigeria Air project suspended, MMIA old terminal to be shut down – Aviation Minister

Nigeria Air project suspended, MMIA old terminal to be shut down – Aviation Minister

MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

Iran and US Strike Framework Deal to End War; Trump Orders Strait of Hormuz Reopened

Iran and US Strike Framework Deal to End War; Trump Orders Strait of Hormuz Reopened

Iran and US Strike Framework Deal to End War; Trump Orders Strait of Hormuz Reopened

Iran and US Strike Framework Deal to End War; Trump Orders Strait of Hormuz Reopened

SpaceX Launches 28 Starlink Satellites in Pre-Dawn Falcon 9 Mission

Musk Becomes World’s First Trillionaire as Spacex Stock Soars 19%

Air Peace, FG Evacuate 262 Nigerians from South Africa Due to Xenophobic Attacks

Air Peace, FG Evacuate 262 Nigerians from South Africa Due to Xenophobic Attacks

Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

Cornerstone Insurance Announces Separation of Composite Operations into FIN Insurance

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2026 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
    • Financial Education
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Financial Education
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved