India FX FORECAST INDIA

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Archive · Week of August 17–21, 2026

Morning Brief — Thursday, August 20, 2026

Published 1:30 IST

USD/INR
₹95.74
↑ Bullish
RSI 50.4 MACD up
EUR/USD
1.1681
↑ Bullish
RSI 76.4 MACD up
MCX Gold
₹140,899/ 10g
↑ Bullish
RSI 79.4 MACD up

USD/INR holds a bullish bias near ₹95.74 with MACD supportive, though RSI at 50.4 signals room before overbought; watch for a break above ₹96.00 to confirm momentum. EUR/USD trades at 1.1681 with RSI at 76.4 in overbought territory, suggesting a possible pullback despite bullish MACD—monitor 1.1650 as immediate support. MCX Gold at ₹140,899/10g remains strongly bullish with RSI at 79.4, but with no major events today, expect range-bound action; a sustained move above ₹141,500 could extend gains, while ₹140,000 acts

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