India FX FORECAST INDIA

Home › Daily Brief › Thursday, October 22, 2026

Archive · Week of October 19–23, 2026

Morning Brief — Thursday, October 22, 2026

Published 1:30 IST

USD/INR
₹94.45
↓ Bearish
RSI 32.4 MACD down
EUR/USD
1.1233
→ Neutral
RSI 37.8 MACD flat
MCX Gold
₹126,148/ 10g
→ Neutral
RSI 44.4 MACD flat
USD/INR slipped to ₹94.45 with RSI at 32.4 and a falling MACD, keeping the pair in oversold, bearish territory as the rupee holds its recent gains. EUR/USD is steady near 1.1233 (RSI 37.8) and MCX gold is flat around ₹126,148/10g, both with neutral momentum, and with no major scheduled events today, flows and global cues will likely drive direction. Watch whether USD/INR holds above ₹94.00 or extends toward ₹93.50, since a break lower would confirm the bearish bias while a bounce off oversold levels could see a retest of ₹95.00.
← Back to Today's Brief USD/INR Weekly Forecast →