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Weekly Technical Outlook – EURUSD, US dollar index, USDJPY

From xm.com

{video} The European elections resulted in significant setbacks for German Chancellor Olaf Scholz and French President Emmanuel Macron. The euro had a significant decline on Monday due to political uncertainty caused by French President Emmanuel Macron's announcement of a sudden legislative election. Marine Le Pen's National Rally; France's most prominent far-right political movement, received 32% of the votes in France. This unexpected outcome prompted Macron to announce a sudden election in order to address and resolve the situation. Meanwhile, the dollar remained strong in anticipation of the next Federal Reserve ... (full story)

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  • Category: Technical Analysis