Free-market US Dollar (USD/IRR) Reaches New Highs Amid Sustained Bullish Momentum

Market Summary

The Free-market US Dollar (USD/IRR) advanced during the September 9, 2026 session, posting a close of 2,327,000 IRR. The session recorded an intraday high of 2,328,200 IRR and a low of 2,276,600 IRR, building on consecutive gains over the past two sessions and marking the highest close for the asset over a 30-day period.

Market Analysis

Price action for the Free-market US Dollar (USD/IRR) reflects an established upward trend across multiple timeframes. During the session on September 9, 2026, the currency opened at 2,277,000 IRR before climbing to test the session high of 2,328,200 IRR, which coincides with the immediate resistance level and the upper boundary of the Donchian channel. The session low found support at 2,276,600 IRR.

The market structure highlights consistent upward participation, with the current price positioned above the 20-day, 50-day, and 200-day simple moving averages. Over the trailing 30-day history, the asset has expanded significantly from mid-August levels near 1,865,000 IRR, culminating in a 30-day volatility reading of 1.44%.

Technical Highlights

Momentum and trend indicators confirm strong directional conviction during the latest trading session:

• Relative Strength Index (RSI-14): Registered at 82.55, indicating that the asset is operating in overbought territory.
• Moving Average Convergence Divergence (MACD): The MACD line reads 101,938.02 above its signal line of 79,393.70, accompanied by a positive histogram of 22,544.32, demonstrating active bullish momentum.
• Average Directional Index (ADX-14): Stands at 52.33, paired with a Plus DI of 58.11 and Minus DI of 6.14, signaling a very strong active trend.
• Commodity Channel Index (CCI-20): Recorded at 125.15, reinforcing the presence of strong positive momentum beyond standard baseline bounds.
• Parabolic SAR and Supertrend: Both indicators maintain a bullish directional bias (value 1.0), with the Parabolic SAR positioned at 2,186,871.81 below current market prices.

Conclusion

The Free-market US Dollar (USD/IRR) closed higher at 2,327,000 IRR, supported by an entrenched bullish market structure across short-, medium-, and long-term moving averages, alongside strong readings in trend and momentum oscillators. The available market data alone do not indicate the underlying cause of the observed price movement.

Live rates

Track the latest Free-market US Dollar (USD/IRR) session on Iran Market Data.