India FX FORECAST INDIA

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Archive · Week of October 26–30, 2026

Morning Brief — Monday, October 26, 2026

Published 1:30 IST

USD/INR
₹94.93
↓ Bearish
RSI 34.5 MACD down
EUR/USD
1.1210
→ Neutral
RSI 48.7 MACD flat
MCX Gold
₹122,394/ 10g
↓ Bearish
RSI 32.1 MACD down
The rupee strengthened overnight toward ₹94.93, with USD/INR RSI at 34.5 and a falling MACD confirming bearish momentum, while EUR/USD held near 1.1210 (RSI 48.7, flat MACD) and MCX gold slid to ₹122,394/10g on RSI 32.1 with a bearish MACD. With no major scheduled events today, watch ₹95.00 as the key level — a sustained break above it would signal the rupee's pullback is stalling, while holding below keeps the bearish USD/INR bias intact.
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