India FX FORECAST INDIA

Live · Monday, August 3, 2026 · Updated 1:30 IST

Morning Brief Forex India

USD/INR
₹95.39
↑ Bullish
RSI 36.5 MACD flat
EUR/USD
1.1554
↓ Bearish
RSI 70 MACD up
MCX Gold
₹126,523/ 10g
↓ Bearish
RSI 55.3 MACD flat

Today's Market Summary

USD/INR holds at ₹95.39 with a bullish bias despite a flat MACD, as overnight dollar strength from softer risk appetite keeps the pair supported above the ₹95.20–₹95.50 range. EUR/USD trades at 1.1554 with RSI at 70.0 (overbought) and a rising MACD, but the bearish bias suggests a pullback toward 1.1500 if momentum fades. With no major scheduled events today, watch for USD/INR to test ₹95.60 on any upside breakout, while MCX Gold at ₹126,523 faces resistance near ₹127,000—a break below ₹126,000 could trigger further downside.

No high-impact macro events scheduled for today. Lower volatility likely; watch for order flow.

Technical Snapshot

Pair Rate RSI(14) MACD Bias
USD/INR ₹95.39 36.5 flat ↑ Bullish
EUR/USD 1.1554 70 up ↓ Bearish
MCX Gold ₹126,523/ 10g 55.3 flat ↓ Bearish

Indicators computed from 90-day daily close data via yfinance. For informational purposes only.

Recent Briefs

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This Week's Full Forecasts

USD/INR →
Rupee vs Dollar
Full analysis + key events
EUR/USD →
Euro vs Dollar
Full analysis + key events
MCX Gold →
₹/10g India
Full analysis + key events