India FX FORECAST INDIA

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Archive · Week of September 21–25, 2026

Morning Brief — Monday, September 21, 2026

Published 1:30 IST

USD/INR
₹95.86
↑ Bullish
RSI 59.1 MACD up
EUR/USD
1.1485
↑ Bullish
RSI 27.1 MACD down
MCX Gold
₹136,116/ 10g
↑ Bullish
RSI 44.4 MACD flat
The rupee held near ₹95.86 against the dollar with USD/INR RSI at 59.1 and a rising MACD, keeping the pair's bias tilted upward, while EUR/USD's deeply oversold RSI of 27.1 despite a falling MACD hints at stretched positioning that could invite a bounce. With no major scheduled events today, MCX gold near ₹136,116/10g with a flat MACD and RSI at 44.4 suggests a consolidation phase, so traders may watch whether USD/INR can sustain above ₹96.00 or retreat toward ₹95.50 for the next directional cue.
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