India FX FORECAST INDIA

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Archive · Week of September 14–18, 2026

Morning Brief — Friday, September 18, 2026

Published 1:30 IST

USD/INR
₹95.92
↑ Bullish
RSI 55.6 MACD up
EUR/USD
1.1480
↑ Bullish
RSI 25.5 MACD down
MCX Gold
₹135,106/ 10g
↑ Bullish
RSI 30.5 MACD down
The rupee opens near ₹95.92 with USD/INR momentum still constructive (RSI 55.6, MACD rising), while EUR/USD sits deeply oversold at 1.1480 (RSI 25.5) and MCX gold at ₹135,106/10g (RSI 30.5) shows both stretched lower despite a bullish underlying bias. With no major scheduled events today, price action will likely be driven by overnight dollar flows and positioning, so watch whether USD/INR holds above ₹95.50 to confirm the bullish bias or slips toward that support.
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