Skip to content

We want to clarify that IG International does not have an official Line account at this time. We have not established any official presence on Line messaging platform. Therefore, any accounts claiming to represent IG International on Line are unauthorized and should be considered as fake.
CFDs are complex instruments. 72% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.
CFDs are complex instruments. 72% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

​EUR/USD, EUR/GBP and EUR/JPY rally post first round of French election

​​EUR/USD, EUR/GBP and EUR/JPY rally as French centrists and leftwing parties attempt to block right wing party from winning.

Video poster image

​​​EUR/USD rallies after first round of French election

EUR/USD rallies to its 55-day simple moving average (SMA) at $1.0761, above which meanders the 200-day SMA at $1.079 which also remains in sight.

​Minor support below the 24 June high at 1.0746 sits at the 27 June high at $1.0726.

EUR/USD chart Source: TradingView
EUR/USD chart Source: TradingView

​EUR/GBP sees an up surge

EUR/GBP tries to break through the key £0.8484-to-£0.8503 resistance area, a rise above which would engage the 55-day SMA at £0.8522.

​Potential slips may found support around the 24 June high at £0.8478.

EUR/GBP chart Source: TradingView
EUR/GBP chart Source: TradingView

​EUR/JPY trades in multi-decade high

EUR/JPY has risen to levels last seen when the euro was first introduced at ¥173.32. Further up beckons the ¥174.74 August 1992 peak.

​Minor support can be found at the 24 June high at ¥171.44 and in the ¥170.29-to-¥170.14 region.​​

EUR/JPY chart Source: TradingView
EUR/JPY chart Source: TradingView

This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients.

Start trading forex today

Trade the largest and most volatile financial market in the world.

  • Spreads start at just 0.6 points on EUR/USD
  • Analyse market movements with our essential selection of charts
  • Speculate from a range of platforms, including on mobile

Live prices on most popular markets

  • Forex
  • Shares
  • Indices

You might be interested in…

Find out what charges your trades could incur with our transparent fee structure.

Discover why so many clients choose us, and what makes us a world-leading provider of CFDs.

Stay on top of upcoming market-moving events with our customisable economic calendar.