EUR/TRY Daily Video, June 21, 2018

[Sive Morten]

Good morning,

Today we will take a look at specific cross - Turkish Lira. Our forum member Rahman would like to know our opinion on technical picture there. So, why not. Besides, we do not have something really new on our majors:



The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary indicators. Please note that Sive's analysis is his own view of the market and is not endorsed by Joe DiNapoli or any related companies.

 

[Joh]

Also would appreciate the Usd/Try?

 

[Joh]

Thank you Sive got a call fr our broker stating the volatility over the election w/end could be very high - to use discretion/caution was my advise - are they correct?

 

[Sive Morten]

Thank you Sive got a call fr our broker stating the volatility over the election w/end could be very high - to use discretion/caution was my advise - are they correct?

Usually yes. Actually I'm not big follower of Turkey financial background, but Rahman tells that it will be important elections and currency could really show strong volatility.