India FX FORECAST INDIA

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Archive · Week of October 19–23, 2026

Morning Brief — Friday, October 23, 2026

Published 1:30 IST

USD/INR
₹94.81
↓ Bearish
RSI 31 MACD down
EUR/USD
1.1222
→ Neutral
RSI 45.4 MACD flat
MCX Gold
₹123,258/ 10g
→ Neutral
RSI 37.9 MACD flat
USD/INR slipped toward ₹94.81 with RSI at 31.0 and a falling MACD, keeping the pair near oversold territory as the bearish bias persists. EUR/USD held around 1.1222 (RSI 45.4, flat MACD) while MCX gold traded near ₹123,258/10g (RSI 37.9), both lacking directional conviction with no major scheduled events today. Watch whether USD/INR holds above ₹94.50 support or extends toward ₹95.00, since a break either way could set the near-term tone.
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