India FX FORECAST INDIA

Home Daily Brief › Thursday, September 17, 2026

Archive · Week of September 14–18, 2026

Morning Brief — Thursday, September 17, 2026

Published 1:30 IST

USD/INR
₹95.94
↓ Bearish
RSI 56.5 MACD up
EUR/USD
1.1471
↑ Bullish
RSI 25.1 MACD flat
MCX Gold
₹132,524/ 10g
↑ Bullish
RSI 24.9 MACD down
The rupee held near ₹95.94 with RSI at 56.5 and a rising MACD, though the bearish bias suggests the pair remains capped, while EUR/USD's deeply oversold RSI of 25.1 near 1.1471 signals stretched downside even as MACD flattens. MCX Gold at ₹132,524/10g shows a similar oversold setup (RSI 24.9) against a declining MACD, hinting at a possible bounce despite weak momentum. With no major scheduled events today, watch ₹96.00 as the key upside trigger for USD/INR and 1.1450 as near-term support for EUR/USD.
← Back to Today's Brief USD/INR Weekly Forecast →