India FX FORECAST INDIA

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Archive · Week of July 6–10, 2026

Morning Brief — Monday, July 6, 2026

Published 1:30 IST

USD/INR
₹95.20
↓ Bearish
RSI 55.9 MACD flat
EUR/USD
1.1439
↑ Bullish
RSI 32.9 MACD up
MCX Gold
₹128,224/ 10g
→ Neutral
RSI 48.4 MACD flat
USD/INR holds near ₹95.20 with a bearish bias as the flat MACD and neutral RSI suggest consolidation, while EUR/USD shows a bullish divergence at 1.1439 with rising MACD despite oversold RSI. Gold remains neutral around ₹128,224/10g with no high-impact events today to drive volatility. Watch for USD/INR to test ₹95.00 support if bearish momentum persists, while EUR/USD may target 1.1500 on continued buying.
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