Free-market US Dollar (USD/IRR) Records Daily Gain Amidst Bullish Trend

Market Summary

The Free-market US Dollar (USD/IRR) closed higher on July 27, 2026, gaining 15,000 IRR to settle at 1,880,000 IRR. The session saw the instrument trade within a range of 38,400 IRR, opening at 1,863,900 IRR and reaching a high of 1,902,200 IRR before touching a low of 1,863,800 IRR.

Market Analysis

The Free-market US Dollar (USD/IRR) recorded an upward movement in the latest trading session, marking one consecutive day of gains. The instrument's overall market structure is identified as bullish, with the current price trading above its 20-day, 50-day, and 200-day Simple Moving Averages, which stand at 1,852,357 IRR, 1,760,847 IRR, and 1,587,173 IRR, respectively.

The price is positioned approximately 3.6% below its 52-week high of 1,950,200 IRR, while remaining significantly above its 52-week low by about 83.4%. Volatility over the past 30 days is measured at approximately 1.57%. The immediate support level is identified at 1,745,800 IRR, with resistance at 1,950,200 IRR.

Technical Highlights

Momentum indicators present a mixed picture. The Relative Strength Index (RSI) at 57.28 suggests moderately positive momentum, staying above its neutral threshold. However, the MACD histogram is negative at -2,908, with the MACD line below its signal line, indicating a recent weakening in short-term upward momentum.

The Average Directional Index (ADX) at 27.71 points to a moderate trend strength. The Plus Directional Indicator (+DI) at 35.29 is above the Minus Directional Indicator (-DI) at 26.91, suggesting a prevailing buying influence.

The Supertrend indicator provides a bullish signal, with the price trading above its current level of 1,833,308 IRR. Conversely, the Parabolic SAR (PSAR) indicates a bearish signal, as the price is currently below its value of 1,948,272 IRR.

The Aroon Oscillator, at -70.83, with Aroon Down at 100.0 and Aroon Up at 29.17, suggests a strong downward trend over its lookback period, which contrasts with the broader bullish trend indicated by moving averages.

Conclusion

The Free-market US Dollar (USD/IRR) concluded the latest session with a gain, maintaining its overall bullish trend as evidenced by its position relative to key moving averages. While some momentum indicators show moderate positivity and a prevailing buying influence, others, such as the MACD and Aroon Oscillator, suggest a recent weakening or conflicting short-term signals. The available market data alone do not indicate the underlying cause of the observed price movement.

Live rates

Track the latest Free-market US Dollar (USD/IRR) session on Iran Market Data.