

Market Outlook · samer saeed · September 4, 2026
US Dollar Index Price Touches Negative Target – Today's Forecast 4-9-2026
The index price continued from yesterday's trading by forming strong negative waves, influenced by its repeated negative stance below the main resistance extended towards 99.80, in addition to the continued presentation of the main indicators of negative momentum, we observe its reach towards 98.85, thereby achieving the previously awaited first negative target.
We emphasize the importance of waiting for the price to break the 98.85 level and maintain below it to confirm its readiness to resume the main downward attack, first moving towards 98.65, and then attempting to pressure the next stable support at 98.45.
The pair's price in the previous trading period faced strong negative pressures, we observe its formation of a downward move and its collapse to significant losses as it approached 192.15, confronting a strong historical support, and then quickly retraced towards 193.65 to preserve the opportunity to conclude the negative scenario of the current trades.
The index price exploited its repeated stability above the additional support centered at 25700.00, we observe its interaction with the positive main indicators as it surges currently towards 26080.00, thereby approaching the first target awaited in the previous report.
The index price maintained its stability above the additional support level centered at 28890.00 in yesterday's trading, we observe its interaction with the positive Stochastic indicator as it records many gains, currently reaching about 29610.00.
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