India FX FORECAST INDIA

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Archive · Week of August 31 – September 4, 2026

Morning Brief — Wednesday, September 2, 2026

Published 1:30 IST

USD/INR
₹94.94
↓ Bearish
RSI 46.2 MACD down
EUR/USD
1.1597
→ Neutral
RSI 58.8 MACD flat
MCX Gold
₹133,518/ 10g
↑ Bullish
RSI 47.6 MACD flat

USD/INR trades soft near ₹94.94 with a bearish bias as MACD stays negative and RSI at 46.2, while EUR/USD holds a neutral tone around 1.1597 after a flat session. With no major scheduled events today, gold’s bullish bias at ₹133,518/10g could see momentum build if it holds above the ₹133,000 support. Watch for a break below ₹94.80 in USD/INR to confirm further downside, while a move past 1.1620 in EUR/USD would shift sentiment positive.

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