India FX FORECAST INDIA

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Archive · Week of July 6–10, 2026

Morning Brief — Tuesday, July 7, 2026

Published 1:30 IST

USD/INR
₹95.38
↓ Bearish
RSI 58.6 MACD flat
EUR/USD
1.1447
↑ Bullish
RSI 34 MACD up
MCX Gold
₹128,138/ 10g
→ Neutral
RSI 47.8 MACD flat

USD/INR holds at ₹95.38 with a bearish bias as flat MACD and RSI at 58.6 suggest limited upside, while EUR/USD shows a bullish divergence at 1.1447 with RSI oversold at 34.0 and MACD rising. MCX Gold is neutral near ₹128,138/10g with RSI at 47.8, awaiting direction. With no major events today, watch for USD/INR to test ₹95.00 support if bearish momentum persists.

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