India FX FORECAST INDIA

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Archive · Week of July 6–10, 2026

Morning Brief — Friday, July 10, 2026

Published 1:30 IST

USD/INR
₹95.38
↑ Bullish
RSI 63.7 MACD up
EUR/USD
1.1436
→ Neutral
RSI 46.9 MACD flat
MCX Gold
₹126,719/ 10g
→ Neutral
RSI 35.7 MACD flat

The dollar-rupee pair holds a bullish bias at ₹95.38, supported by a rising MACD and an RSI of 63.7, though no major events are scheduled today to drive a breakout. The euro remains neutral at 1.1436 with flat momentum, while MCX Gold is steady at ₹126,719/10g with a low RSI of 35.7, suggesting limited downside pressure. Watch for any intraday shift in USD/INR above ₹95.50 to confirm further strength, or a dip below ₹95.20 for a potential reversal.

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