Euro (EUR/IRR) Trades Lower in Latest Session as Price Nears Session Lows
The Euro (EUR/IRR) finished the latest session on November 10, 2026, lower, recording an open of 2,954,500.0, a high of 2,971,900.0, a low of 2,904,600.0, an...
Market Summary
The Euro (EUR/IRR) finished the latest session on November 10, 2026, lower, recording an open of 2,954,500.0, a high of 2,971,900.0, a low of 2,904,600.0, and closing at 2,906,500.0. This marked a single session of decline following a multi-day sequence of fluctuating closes.
Interactive price chart
Market Analysis
Price action for the Euro (EUR/IRR) during the session on November 10, 2026, showed an intraday range stretching from a high of 2,971,900.0 down to a low of 2,904,600.0. The close at 2,906,500.0 sits near the session's lower boundary, matching the identified support level of 2,904,600.0. Looking at the broader structure across previous sessions, the asset has experienced multiple sessions of downward movement, moving away from higher levels seen late last month and in early November, where closes peaked above 3,066,000.0. The market structure currently positions the price below the 20-day simple moving average (3,005,585.0) while remaining above the 50-day simple moving average (2,903,274.0) and the 200-day simple moving average (2,291,831.0).
Technical Highlights
Momentum and trend indicators reflect the recent downward pressure on the asset. The 14-day Relative Strength Index (RSI) stands at 41.06, sitting below the neutral threshold and indicating mild downward momentum. The Moving Average Convergence Divergence (MACD) indicator shows a negative histogram value of -21,833.10, with the MACD line (14,258.18) situated below its signal line (36,091.28). Trend direction metrics, including the Supertrend and Parabolic SAR (PSAR), both register a negative bias with indicator values positioned above the current price at 3,058,609.08 and 3,076,230.24 respectively. Additionally, the Commodity Channel Index (CCI) at -171.61 indicates an extended move toward the lower bounds of the recent trading range.
Conclusion
The Euro (EUR/IRR) closed the November 10, 2026, session near its session low of 2,904,600.0, accompanied by negative readings across multiple trend and momentum indicators, including the MACD histogram and short-term moving average positioning. 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.