India FX FORECAST INDIA

Home Daily Brief › Thursday, July 2, 2026

Archive · Week of June 29 – July 3, 2026

Morning Brief — Thursday, July 2, 2026

Published 1:30 IST

USD/INR
₹95.24
↑ Bullish
RSI 45.4 MACD down
EUR/USD
1.1382
↓ Bearish
RSI 33.4 MACD down
MCX Gold
₹123,964/ 10g
↓ Bearish
RSI 46.4 MACD down

USD/INR holds a bullish bias at ₹95.24 despite a bearish MACD and RSI at 45.4, with no major events today to shift momentum. EUR/USD remains under pressure at 1.1382 as RSI at 33.4 signals oversold conditions, while MCX Gold trades bearish at ₹123,964/10g with RSI at 46.4. Watch for a potential USD/INR test of ₹95.50 if the dollar strengthens further, while gold may find support near ₹123,500.

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