French elections poll still show Macron leading with 23% – EUR/USD unconvinced

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Yet another “no change” and “too close to call” daily poll by Opinionway: Macron is first with 23%, Le Pen second with 22% and the next two are Fillon with 20% and Melenchon with 19%.

In the second round, Macron holds on to the wide margin of 30 points with 65% to 35%. However, Fillon loses some ground to Le Pen, leading 57% to 43%.

The polling group releases the daily poll every day at 10:00, while IFOP does it at 16:00.

The elections are held on Sunday, April 20th, in three days and the markets are focusing on this huge event.

Yesterday, the daily poll showed: Macron at 23%, Le Pen at 22%, Fillon at 20% and Melenchon at 19%. In the second round, it showed Macron leading by 65% to 35% against Le Pen.

Earlier, a poll from Harris Interactive showed favorable results for Macron: leading with 25% points against Le Pen’s 22% and leaving Fillon and Melenchon back with 19%.

This was one of the reasons for the advance of EUR/USD. Another fuel comes from the renewed weakness of the US dollar, an ongoing Donald Disillusion.

Yesterday’s IFOP / Paris Match poll gave Macron the lead with 23.5%, Le Pen at 22.5%, Fillon at 19.5% and Melenchon at 18.5%.

EUR/USD is attacking the 11.0775 level of resistance which capped it early in 2017. Further resistance awaits at 1.0830, 1.0870 and 1.0905.

It is important to remember that many voters still do not know for who to vote.

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Yohay Elam – Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I’ve accumulated. After taking a short course about forex. Like many forex traders, I’ve earned the significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I’ve worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts.

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