India FX FORECAST INDIA

Home › Daily Brief › Wednesday, October 21, 2026

Archive · Week of October 19–23, 2026

Morning Brief — Wednesday, October 21, 2026

Published 1:30 IST

USD/INR
₹94.77
↑ Bullish
RSI 33.9 MACD down
EUR/USD
1.1233
→ Neutral
RSI 35.8 MACD flat
MCX Gold
₹126,368/ 10g
→ Neutral
RSI 45.4 MACD flat
USD/INR is holding near ₹94.77 with an RSI of 33.9 signalling oversold conditions even as the MACD stays negative and the broader bias remains bullish, so watch whether the pair defends the 94.50–94.80 zone or extends its pullback. EUR/USD at 1.1233 (RSI 35.8, MACD flat) and MCX Gold at ₹126,368/10g (RSI 45.4) both look neutral, and with no major scheduled events today, flows and global cues will likely drive direction. Keep an eye on 95.00 as the key upside level for USD/INR, since a clean break above it would confirm the bullish bias.
← Back to Today's Brief USD/INR Weekly Forecast →