India FX FORECAST INDIA

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Archive · Week of September 7–11, 2026

Morning Brief — Monday, September 7, 2026

Published 1:30 IST

USD/INR
₹94.47
↓ Bearish
RSI 39.7 MACD down
EUR/USD
1.1617
→ Neutral
RSI 55 MACD flat
MCX Gold
₹135,974/ 10g
→ Neutral
RSI 56.6 MACD flat
USD/INR is trading with a bearish bias near ₹94.47 as the MACD stays negative and RSI at 39.7 signals weak momentum, with no major domestic or global events scheduled today to alter the drift. EUR/USD holds a neutral stance around 1.1617 with flat MACD and RSI at 55.0, while MCX Gold remains steady near ₹135,974/10g with a neutral RSI of 56.6. Watch for a break below ₹94.20 in USD/INR to confirm further downside, otherwise range-bound action is likely.
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