India FX FORECAST INDIA

Home Daily Brief › Monday, June 29, 2026

Archive · Week of June 29 – July 3, 2026

Morning Brief — Monday, June 29, 2026

Published 1:30 IST

USD/INR
₹94.39
↑ Bullish
RSI 34.1 MACD down
EUR/USD
1.1387
↓ Bearish
RSI 32.1 MACD down
MCX Gold
₹123,579/ 10g
↓ Bearish
RSI 36.5 MACD down

USD/INR opened at ₹94.39 with a bullish bias despite an oversold RSI of 34.1 and a declining MACD, suggesting potential for a technical bounce rather than sustained weakness. EUR/USD remains under pressure at 1.1387 with a bearish bias and oversold RSI of 32.1, while MCX Gold at ₹123,579/10g continues its downtrend with a bearish bias and RSI of 36.5. With no major scheduled events today, traders should watch for USD/INR to test resistance near ₹94.50 if the bullish momentum holds, while gold may find support around ₹123,000.

← Back to Today's Brief USD/INR Weekly Forecast →