India FX FORECAST INDIA

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Archive · Week of October 5–9, 2026

Morning Brief — Wednesday, October 7, 2026

Published 1:30 IST

USD/INR
₹96.36
↑ Bullish
RSI 56.9 MACD up
EUR/USD
1.1264
↓ Bearish
RSI 8.2 MACD down
MCX Gold
₹129,941/ 10g
↓ Bearish
RSI 28.9 MACD down
The rupee opens near ₹96.36 with USD/INR RSI at 56.9 and a rising MACD, keeping the pair's bias bullish as it holds above the 96.00 support zone. EUR/USD sits at 1.1264 with an extremely oversold RSI of 8.2, while MCX Gold at ₹129,941/10g (RSI 28.9) remains under pressure from a bearish MACD. With no major scheduled events today, watch whether USD/INR can push toward 96.50 and whether EUR/USD's stretched RSI triggers a technical bounce.
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