India FX FORECAST INDIA

Home Daily Brief › Friday, September 4, 2026

Archive · Week of August 31 – September 4, 2026

Morning Brief — Friday, September 4, 2026

Published 1:30 IST

USD/INR
₹94.47
↓ Bearish
RSI 42.5 MACD down
EUR/USD
1.1629
→ Neutral
RSI 63.1 MACD flat
MCX Gold
₹137,411/ 10g
→ Neutral
RSI 58.4 MACD flat

The Indian rupee is holding a bearish bias against the dollar, with USD/INR trading at ₹94.47 as a soft RSI of 42.5 and a downward MACD suggest limited upside, though a break below ₹94.20 could accelerate losses. In the euro, EUR/USD sits at 1.1629 with a neutral momentum, while MCX Gold is steady at ₹137,411/10g as flat indicators keep the metal range-bound. With no major scheduled events today, watch for USD/INR to test the ₹94.70 resistance on any dollar strength, while a sustained move above 1.1650 in EUR/USD would flip its bias bullish

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