India FX FORECAST INDIA

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Archive · Week of September 28 – October 2, 2026

Morning Brief — Tuesday, September 29, 2026

Published 1:30 IST

USD/INR
₹95.97
↑ Bullish
RSI 66.5 MACD up
EUR/USD
1.1377
↓ Bearish
RSI 6.3 MACD down
MCX Gold
₹128,235/ 10g
↑ Bullish
RSI 24.7 MACD down
The rupee opens near ₹95.97 with USD/INR RSI at 66.5 and a rising MACD, keeping the pair's bias bullish as dollar strength persists overnight. EUR/USD sits at 1.1377 with an oversold RSI of 6.3, while MCX gold at ₹128,235/10g shows a deeply oversold RSI of 24.7 despite its bullish bias, hinting at stretched positioning. With no major scheduled events today, watch whether USD/INR holds above ₹95.90 and whether gold stabilises near ₹128,000 for signs of mean reversion.
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