With the Iowa caucuses set to take place, the latest presidential polls suggest that Donald Trump and Hillary Clinton may emerge as victors from the state.

According to the Des Moines Register/Bloomberg Politics Iowa Poll that was released just days ahead of the Iowa caucuses, Trump currently has a five point lead over Texas Senator Ted Cruz on the Republican side of things.

Following in third place in the poll is Florida Senator Marco Rubio, the Des Moines Register reported.

On the Democratic side, it's Hillary Clinton who currently has a lead going into the Iowa Caucuses. The former United States Secretary of State currently maintains a three point lead over Vermont Senator Bernie Sanders heading into the Iowa caucuses, also according to the Des Moines Register.

In third place is former Maryland Governor Martin O' Malley, who is also the only other presidential candidate for the Democrats.

With the final tally from the Iowa caucuses set to be announced soon, the presidential race for both parties may start to crystallize further as the race moves into the next stage.

As soon as the Iowa caucuses finish, the presidential candidates for both parties are expected to shift their focus toward the next primary which will be taking place in New Hampshire on Feb. 9.

According to the latest CNN/WMUR Poll, Trump and Sanders are the current leaders in New Hampshire.

On one side, Trump is currently polling at 30 percent among Republican primary voters in New Hampshire. Currently in second in the state is Senator Cruz at 12 percent and following him is Senator Rubio at 11 percent.

Leading on the other side is Sanders, and the Vermont Senator currently enjoys a 23 point lead over Clinton in New Hampshire, CNN reported. In third place in the same New Hampshire poll is O' Malley.

More news about the presidential polls and the candidates themselves should be made available as the race for the White House continues to move forward.