Euro (EUR/IRR) Reaches 30-Day High Following Three-Session Advance
The Euro (EUR/IRR) advanced during the session on October 21, 2026, closing at 3,034,500.0 IRR. The currency recorded a session high of 3,035,100.0 IRR and a...
Market Summary
The Euro (EUR/IRR) advanced during the session on October 21, 2026, closing at 3,034,500.0 IRR. The currency recorded a session high of 3,035,100.0 IRR and a low of 2,969,600.0 IRR, building on an opening price of 2,970,500.0 IRR.
Interactive price chart
Market Analysis
Price action for the Euro (EUR/IRR) reflects a bullish trend, marked by three consecutive up days culminating in a 30-day closing high. The latest session established a higher close compared to recent weeks, continuing a sequence of positive sessions that began on October 19. The market traded within a range defined by an immediate support level at 2,773,400.0 IRR and an overhead resistance level at 3,071,700.0 IRR.
Technical Highlights
The market structure shows the price trading above the 20-day, 50-day, and 200-day simple moving averages, indicating upward momentum across multiple timeframes. The 14-day Relative Strength Index registers at 66.5, showing moderately positive momentum without entering overbought territory. The Average Directional Index stands at 36.1, pointing to a well-defined prevailing trend. Meanwhile, the positive directional indicator at 40.0 remains well above the negative directional indicator at 22.4, reinforcing upward price pressure.
Conclusion
The Euro (EUR/IRR) finished the session higher, supported by moving average alignments and positive directional momentum indicators. 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.