India FX FORECAST INDIA

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Archive · Week of September 28 – October 2, 2026

Morning Brief — Wednesday, September 30, 2026

Published 1:30 IST

USD/INR
₹95.97
↑ Bullish
RSI 62.7 MACD up
EUR/USD
1.1344
↓ Bearish
RSI 6.1 MACD down
MCX Gold
₹130,032/ 10g
↑ Bullish
RSI 27.6 MACD down
The rupee held near ₹95.97 against the dollar with USD/INR RSI at 62.7 and a rising MACD keeping the bias bullish, while EUR/USD slipped to 1.1344 on an extremely oversold RSI of 6.1 and a bearish MACD, signalling heavy euro selling overnight. MCX Gold traded at ₹130,032/10g with RSI at 27.6 and a falling MACD, yet the underlying bias stays bullish, so watch whether gold holds above ₹130,000 and whether USD/INR breaks ₹96.00 as today's key level with no major scheduled events on the calendar.
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