India FX FORECAST INDIA

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Archive · Week of July 20–24, 2026

Morning Brief — Thursday, July 23, 2026

Published 1:30 IST

USD/INR
₹96.56
↑ Bullish
RSI 65.8 MACD up
EUR/USD
1.1410
→ Neutral
RSI 55 MACD flat
MCX Gold
₹128,124/ 10g
→ Neutral
RSI 54.5 MACD flat

The dollar index's overnight strength pushed USD/INR to ₹96.56, with the RSI at 65.8 and a bullish MACD crossover signaling continued upward momentum. EUR/USD remains neutral near 1.1410 with a flat MACD, while MCX Gold is steady at ₹128,124/10g with a neutral RSI of 54.5. With no major events today, watch for USD/INR to test the ₹96.80 resistance if the bullish bias persists.

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