USD Eyes Further Gains: EUR/USD, USD/JPY, USD/CHF Analysis

The US Dollar is positioned for continued appreciation against major currencies as global risk factors intensify market uncertainty. EUR/USD has declined 0.3% to 1.0545, breaking below the key 1.0550 support level, while USD/JPY advanced 0.4% to 155.60, approaching multi-month highs. USD/CHF gained 0.2% to 0.9120, reflecting the dollar's broad-based strength despite Swiss Franc safe-haven appeal. EUR/GBP remains stable at 0.8530, showing limited movement as both European currencies face similar pressures. Rising geopolitical tensions and concerns about global growth are driving investors toward the dollar, traditionally the primary safe-haven currency. Technical momentum indicators suggest further upside potential, with USD/JPY targeting 156.50 resistance and EUR/USD potentially testing 1.0500 psychological support. Traders should monitor upcoming US economic data releases, which could either reinforce or challenge the current dollar bullish trend.