India FX FORECAST INDIA

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Archive · Week of October 12–16, 2026

Morning Brief — Monday, October 12, 2026

Published 1:30 IST

USD/INR
₹96.78
↑ Bullish
RSI 74.4 MACD up
EUR/USD
1.1202
↓ Bearish
RSI 15 MACD down
MCX Gold
₹131,074/ 10g
↓ Bearish
RSI 33.3 MACD down
The rupee is under pressure with USD/INR at ₹96.78, where an RSI of 74.4 signals overbought conditions even as a rising MACD keeps the bullish bias intact. EUR/USD at 1.1202 looks deeply oversold (RSI 15.0) with a bearish MACD, while MCX Gold at ₹131,074/10g stays soft on RSI 33.3 and a downbeat MACD. With no major scheduled events today, watch whether USD/INR holds above ₹96.50 or cools from overbought levels, and whether EUR/USD can base near 1.1200.
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