Nigerian soldiers ambush Boko Haram fighters, kill 49 — Official March 28, Boko Haram throws Maiduguri into darkness again, blows up power tower March 27, Borno Assembly passes confidence vote on Governor Zulum March 26, Buhari Flags-off North-east rice cultivation programme March 25, Gombe pledges participation in Hajj Savings Scheme March 23, North West.
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Teenager stabs friend to death over horse March 30, Shehu Sani visits Gumi, urges cleric to help free kidnapped students March 29, Residents cheer as Tinubu lands in Kano March 28, Police honour officers who rejected N1 million bribe March 26, Africa faces severe debt crisis, UN warns by Agency Report.
The UN says elevated public debt was limiting the capacity to boost spending across the continent. Apple expands repair provider programme to more than countries March 31, Financial Inclusion. Nigeria leveraging Fintech to address agric, energy challenges — Osinbajo by Press Release.
March 26, Financial Inclusion: How Nigerian small-scale farmers are locked out March 17, Watch President Barack Obama's full farewell speech. Watch President Barack Obama's full farewell speech The aquanauts who journey to the bottom of the ocean Our Digital Network. Still, the rise is expected to be temporary due to the base effect and as the economic outlook remains bleak, as Europe is now battling a third wave of the coronavirus and lags behind the US and the UK in Covid vaccination. Also, the index that excludes alcohol and tobacco, and that the ECB pays close attention to when trying to predict whether any trend in the headline rate is sustainable or not, eased to a 3-month low of 0.
Wave analysis and forecast for – by LiteForex
Meantime, Germany restricted the use of the AstraZeneca vaccine to people over 60 while the number of people in intensive care units with COVID in France reached the highest level this year. Meantime, gasoline inventories dropped by 1. It is the first decline since May as interest rates edged up and supply was near all-time lows. On a monthly basis, pending home sales shrank Only the upper-end market is experiencing more activity because of reasonable supply.
Demand, interestingly, does not yet appear to be impacted by recent modest rises in mortgage rates", said Lawrence Yun, NAR's chief economist. This ninth consecutive monthly increase continued to offset the steepest drops on record in Canadian economic activity observed in March and April Both goods-producing 1. The manufacturing sector expanded 1. The mining, quarrying, and oil and gas extraction sector grew 2. That was equivalent to Receipts fell 1. Energy prices should rebound 4.
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Meanwhile, cost will probably rise at a slower pace for both non-energy industrial goods 0. Now, the fifth wave v of 1 is developing, within which the wave of the lower level v of v is forming. In this scenario, critical stop loss level is 1.
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Now, the local correction of the lower level ii of iii has ended, and the wave iii of iii is developing. The level of The indicator reversed up, and the price range has expanded, indicating a further growth in the pair. MACD histogram is near the zero line, the signal for entering the market is not formed.
Forex analysis and market forecasts
On the 4-hour chart, the first wave 1 within the started third wave 3 of the higher level develops. Now, a downward correction has ended as the wave iv of 1, and the fifth wave v of 1 is developing, within which the third wave of the lower level iii of v is forming.
If the assumption is correct, the pair will grow to the levels of On the 4-hour chart, the first wave of the higher level 1 of 1 of 3 develops, within which the first wave of the lower level i of 1 formed, and a local correction developed as the wave ii of 1. Now, the formation of the third wave iii of 1 has started. In this On the daily chart, an upward correction of the higher level developed as the second wave ii of 1, and the formation of the third wave iii of 1 started. Now, the local correction of the lower level ii of iii ha ended, and the formation of the wave iii of iii has begun.
If the assumption is correct, the pair will fall to the levels of On the 4-hour chart, a downward correction of the higher level formed as the wave ii of 3 , and the development of the third wave iii of 3 started.
Now, the first wave of the lower level i of iii has formed, and the local correction ii of iii has ended. The pair is in a correction and may grow. On the 4-hour chart, the wave C of the higher level forms, within which the first wave 1 of C develops. Now, the development of the third wave of the lower level iii of 1 has started, within which the local correction ii of iii is forming.