FX.co ★ bryana.reichert | U.S. Dollar Index (USDX) in Forex Trading

USD Index, Friday May 01, 2026

The USD Index on Thursday then plummeted, dropping very deep leaving the higher 99.05 area. And this morning through the H4 TF, a candle appears to be swinging at the 98.12 level, moving away from the intersection area of the orange EMA200 resistance line with the purple EMA50 and the blue EMA21. Meanwhile, the CCI14 indicator seems to be starting to bounce up from the oversold area base. In general, for today the USD Index has the potential to rise, retesting the higher 99.05 area. While the loss limit for buying USD Index today is at the strong support area at the 97.60 level.