India FX FORECAST INDIA

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Archive · Week of June 15–19, 2026

Morning Brief — Friday, June 19, 2026

Published 1:30 IST

USD/INR
₹94.32
↑ Bullish
RSI 38 MACD down
EUR/USD
1.1464
↓ Bearish
RSI 25.6 MACD down
MCX Gold
₹128,068/ 10g
→ Neutral
RSI 32.8 MACD flat

The rupee opened at ₹94.32 with a bullish bias despite a weak RSI of 38.0 and a declining MACD, suggesting the pair may test resistance near ₹94.50 today. EUR/USD remains under pressure at 1.1464 with an oversold RSI of 25.6, while MCX Gold is neutral at ₹128,068/10g with a flat MACD. With no major events scheduled, focus will be on technical levels—watch for USD/INR to hold above ₹94.20 for continued bullish momentum.

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