USD Strengthens on Economic Resilience: EUR/USD, GBP/USD, AUD/USD Outlook

The US dollar enters the new trading week on firm footing, supported by continued evidence of economic resilience that reinforces expectations for a prolonged Federal Reserve pause on rate cuts. EUR/USD, GBP/USD, USD/JPY, and AUD/USD are all in focus as traders position around dollar strength. Recent US economic data, including solid labor market readings and robust consumer spending figures, have pushed back market expectations for Fed easing, providing a fundamental tailwind for the greenback. EUR/USD faces downward pressure with resistance capping advances, while GBP/USD struggles to sustain gains above key technical levels. USD/JPY continues its upward trajectory as the Bank of Japan's cautious normalization pace contrasts with persistent US economic outperformance. AUD/USD remains vulnerable amid risk sentiment fluctuations and softer Chinese demand signals. Traders should focus on upcoming US GDP revisions and PCE inflation data this week, which could either confirm dollar bullishness or trigger a reassessment. Key support and resistance levels across major pairs will be closely tested as the week progresses.