India FX FORECAST INDIA

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Archive · Week of August 24–28, 2026

Morning Brief — Friday, August 28, 2026

Published 1:30 IST

USD/INR
₹95.53
↓ Bearish
RSI 51.9 MACD down
EUR/USD
1.1656
↑ Bullish
RSI 74.7 MACD up
MCX Gold
₹143,104/ 10g
↑ Bullish
RSI 76.6 MACD up

USD/INR holds near ₹95.53 with a bearish bias as MACD stays negative, though RSI at 51.9 signals a neutral-to-soft tone; watch for a break below ₹95.40 to extend downside. EUR/USD trades at 1.1656 with overbought RSI at 74.7, suggesting caution despite bullish momentum, while MCX Gold at ₹143,104 remains firm but stretched. With no major events scheduled today, focus on technical levels—a sustained move above ₹143,500 in gold or a dip below 1.1640 in EUR/USD could set the tone for the session.

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