India FX FORECAST INDIA

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Archive · Week of July 27–31, 2026

Morning Brief — Tuesday, July 28, 2026

Published 1:30 IST

USD/INR
₹95.90
↑ Bullish
RSI 53.4 MACD up
EUR/USD
1.1373
→ Neutral
RSI 39.1 MACD flat
MCX Gold
₹125,726/ 10g
→ Neutral
RSI 45.2 MACD flat

The USD/INR pair holds a bullish bias near ₹95.90, supported by a rising MACD, though the RSI at 53.4 suggests room for further upside without being overbought. The EUR/USD remains neutral at 1.1373 with a flat MACD and weak RSI of 39.1, lacking clear directional momentum. With no major scheduled events today, watch for USD/INR to test the ₹96.20 resistance if bullish momentum continues, while MCX Gold at ₹125,726 stays range-bound near its neutral RSI of 45.2.

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