The dollar rose against major currencies but faced resistance near key technical levels, with EURUSD and USDJPY showing mixed momentum.
The USD strengthened against major currency pairs early in the trading week, though EURUSD and GBPUSD recovered from session lows. Buyers stepped in near the 100-hour moving average at 1.17455, stabilizing the pair after an initial gap lower during the Asian-Pacific session.
EURUSD tested resistance between 1.1784 and 1.1795, with a break above potentially targeting 1.1823–1.1836. Meanwhile, USDJPY climbed above its 100-hour moving average at 156.81 but remained below stronger resistance near 157.36, including the 200-hour and 100-day moving averages.
Support for USDJPY came from higher US yields and crude oil prices, though a drop below 156.81 could shift focus to 156.50 and lower levels.