Euro (EUR/IRR) Extends Gains, Reaching 30-Day High
The Euro (EUR/IRR) closed at 2,893,000 IRR on September 30, 2026, marking its fourth consecutive day of gains. The latest session saw the Euro reach its high...
Market Summary
The Euro (EUR/IRR) closed at 2,893,000 IRR on September 30, 2026, marking its fourth consecutive day of gains. The latest session saw the Euro reach its highest closing price in the past 30 days.
Interactive price chart
Market Analysis
In the most recent trading session, the Euro advanced by 13,600 IRR, or 0.47%, from its opening price of 2,879,400 IRR. The currency pair traded within a range of 36,800 IRR, hitting a session high of 2,915,100 IRR and a low of 2,878,300 IRR. This session high also represents the highest price observed in the last 30 days and places the Euro within 0.76% of its 52-week high.
The overall market structure for the Euro (EUR/IRR) remains bullish, with the price consistently trading above its 20-day, 50-day, and 200-day Simple Moving Averages. The current price is significantly above its 52-week low, by approximately 75.71%.
Technical Highlights
Momentum indicators suggest strong upward pressure, with the 14-period Relative Strength Index (RSI) at 79.02, the Commodity Channel Index (CCI) at 263.58, and the Stochastic RSI (K) at 100.0. These values typically indicate overbought conditions.
The Average Directional Index (ADX) at 45.64 points to a strong underlying trend. This is further supported by the Plus Directional Indicator (+DI) at 56.12, which significantly outweighs the Minus Directional Indicator (-DI) at 13.67, confirming robust positive directional movement.
The Euro's price trading above the upper Bollinger Band, which is at 2,843,003 IRR, also highlights the strong upward movement. Both the Supertrend indicator at 2,743,281 IRR and the Parabolic SAR (PSAR) at 2,621,477 IRR are positioned below the current price, reinforcing the prevailing bullish trend. Furthermore, an Aroon Up value of 0.0 indicates that a new 25-period high was established in the latest session.
Conclusion
The Euro (EUR/IRR) demonstrates a strong bullish trajectory, characterized by four consecutive days of advances and a 30-day high close. While technical indicators confirm robust upward momentum and trend strength, several also suggest the asset is in overbought territory. 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.