India FX FORECAST INDIA

Home Daily Brief › Monday, August 31, 2026

Archive · Week of August 31 – September 4, 2026

Morning Brief — Monday, August 31, 2026

Published 1:30 IST

USD/INR
₹95.36
↓ Bearish
RSI 49.7 MACD down
EUR/USD
1.1585
↓ Bearish
RSI 56.4 MACD down
MCX Gold
₹138,339/ 10g
↓ Bearish
RSI 59.6 MACD down

USD/INR is trading at ₹95.36 with a bearish bias as MACD stays negative and RSI sits near 49.7, though no major events today could keep the pair range-bound between ₹95.20 and ₹95.50. EUR/USD slipped to 1.1585 on softer momentum, while MCX Gold at ₹138,339 faces pressure from a downtrend in MACD despite RSI at 59.6. Watch for a break below ₹95.20 in USD/INR to confirm further downside, otherwise expect consolidation ahead of tomorrow's data.

← Back to Today's Brief USD/INR Weekly Forecast →