Free-market US Dollar (USD/IRR) Records Second Consecutive Daily Decline
The Free-market US Dollar (USD/IRR) closed lower on July 26, 2026, marking its second consecutive day of decline. The pair opened at 1,892,000 IRR, which als...
Market Summary
The Free-market US Dollar (USD/IRR) closed lower on July 26, 2026, marking its second consecutive day of decline. The pair opened at 1,892,000 IRR, which also represented its session high, before retreating to close at 1,865,000 IRR. This daily loss followed a previous session's close of 1,897,000 IRR.
Interactive price chart
Market Analysis
The latest session for USD/IRR saw a notable pullback, with the price falling from its opening level to register a daily loss of 27,000 IRR. The trading range for the day, from 1,853,800 IRR to 1,892,000 IRR, was 38,200 IRR, slightly exceeding the 14-day Average True Range (ATR) of approximately 34,875 IRR, suggesting a moderately wide session. Despite the recent two-day decline, the overall market structure for USD/IRR remains bullish. The current price of 1,865,000 IRR trades above its 20-day, 50-day, and 200-day Simple Moving Averages, which stand at 1,846,055 IRR, 1,757,229 IRR, and 1,583,418 IRR, respectively. The pair is currently trading approximately 4.37% below its 52-week high.
Technical Highlights
The prevailing bullish trend is supported by several indicators. The Supertrend indicator maintains a positive direction, with its value at 1,833,307 IRR, below the current price. The Average Directional Index (ADX) at 28.81 indicates a trending market, with the Plus Directional Indicator (+DI) at 36.03 exceeding the Minus Directional Indicator (-DI) at 29.19, suggesting stronger positive directional movement. Momentum, as indicated by the 14-period Relative Strength Index (RSI), is moderately positive at 55.43, remaining above its neutral level. However, the Moving Average Convergence Divergence (MACD) histogram shows a slight negative value of -201.66, with the MACD line marginally below its signal line, pointing to a recent deceleration in positive momentum. Furthermore, the Parabolic SAR (PSAR) is positioned above the current price at 1,950,200 IRR with a negative direction, indicating potential short-term downward pressure. The Aroon indicator also reflects recent weakness, with Aroon Down at 100 and Aroon Up at 25, suggesting a strong downward movement over the last 25 periods.
Conclusion
The Free-market US Dollar (USD/IRR) experienced a second consecutive daily decline on July 26, 2026, closing lower after opening at its session high. While the broader market structure and key moving averages continue to signal a bullish trend, some short-term technical indicators, such as the PSAR and Aroon, suggest recent downward pressure and a weakening of immediate positive momentum. The available market data alone do not indicate the underlying cause of the observed price movement.
Live rates
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