India FX FORECAST INDIA

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Archive · Week of July 20–24, 2026

Morning Brief — Monday, July 20, 2026

Published 1:30 IST

USD/INR
₹96.27
↑ Bullish
RSI 68.7 MACD up
EUR/USD
1.1431
→ Neutral
RSI 51.3 MACD flat
MCX Gold
₹123,871/ 10g
→ Neutral
RSI 48.3 MACD flat

The USD/INR pair is trading with a bullish bias at ₹96.27, supported by a strong RSI of 68.7 and a rising MACD, though no major domestic catalysts are expected today. The EUR/USD remains neutral near 1.1431 with flat momentum, while MCX Gold is steady at ₹123,871/10g as its RSI of 48.3 signals a lack of directional impetus. Watch for the USD/INR to test the ₹96.50 resistance if the bullish momentum persists, while gold may consolidate within a narrow range.

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