FX.co ★ hdavis | USD Index: Opening Positions with Currency Strength Analysis

Update, Saturday, April 11, 2026 USD Index

Hello traders, Checking on USD! How did everyone's trading go last Friday? Hopefully, you were able to seize the opportunities to secure the profits you've made this week! As previously anticipated, the overall plan to SELL USD this week seems to have worked out quite well. This week, the USD Index recorded a bearish trend by creating a new lower at 98.47. On the H4 timeframe this morning, it appears that the candle is still swinging around that lower area, below the dynamic resistance line crossover of the orange EMA200, blue EMA21, and purple EMA50. Meanwhile, the CCI14 indicator seems to still be held in the oversold area. In general, the bearish rally opportunities for next week will be more promising if sellers once again push downwards through the 98.47 lower area, my friends! However, for optimal results, we need to be patient and wait for the upward correction to finish. What are your thoughts on this, everyone? Have a great weekend, friends! Nuwun