Euro (EUR/IRR) Reaches 30-Day Closing High Amid Bullish Session
The Euro (EUR/IRR) advanced during the September 28, 2026 session, opening at 2,737,600 Iranian Rials and closing at 2,783,800 Iranian Rials. The currency pa...
Market Summary
The Euro (EUR/IRR) advanced during the September 28, 2026 session, opening at 2,737,600 Iranian Rials and closing at 2,783,800 Iranian Rials. The currency pair registered a session high of 2,786,100 and a low of 2,736,600, marking two consecutive up days.
Interactive price chart
Market Analysis
Price action for the Euro demonstrated an upward trend, establishing a 30-day highest close during the latest session. The session range extended above the upper Bollinger Band of 2,758,583 Iranian Rials, reaching a peak close to the session resistance level of 2,786,100 Iranian Rials. Price levels remained positioned above the 20-day, 50-day, and 200-day simple moving averages.
Technical Highlights
Momentum indicators reflect robust upward conditions, with the 14-day Relative Strength Index at 73.28, indicating an overbought state above the neutral threshold. The Average Directional Index (ADX) stands at 43.44, supported by a plus directional indicator of 48.09 against a minus directional indicator of 17.16, confirming a strong trend. The Commodity Channel Index (CCI) registers at 204.15, highlighting strong deviation above historical averages. Additionally, the Supertrend and Parabolic SAR indicators maintain a positive trajectory with directional values set to 1.0.
Conclusion
The Euro (EUR/IRR) closed higher at 2,783,800 Iranian Rials, supported by multiple moving averages and robust trend metrics. The available market data alone do not indicate the underlying cause of the observed price movement.
Live rates
Track the latest Euro (EUR/IRR) session on Iran Market Data.