Free-market US Dollar (USD/IRR) Extends Gains, Reaching New 30-Day High
The Free-market US Dollar (USD/IRR) closed higher on September 10, 2026, marking its third consecutive day of gains. The pair advanced to 2,359,750 IRR, esta...
Market Summary
The Free-market US Dollar (USD/IRR) closed higher on September 10, 2026, marking its third consecutive day of gains. The pair advanced to 2,359,750 IRR, establishing a new 30-day closing high.
Interactive price chart
Market Analysis
During the latest session, the Free-market US Dollar opened at 2,343,000 IRR and traded within a range of 21,600 IRR. It reached an intraday high of 2,360,200 IRR before settling at 2,359,750 IRR. This close represents an increase from the previous session's close of 2,327,000 IRR. The pair has maintained a bullish trend, with the current price trading above its 20-day, 50-day, and 200-day Simple Moving Averages. The latest session's high of 2,360,200 IRR also serves as the immediate resistance level, while a broader support level is identified at 1,869,800 IRR. The Free-market US Dollar is currently trading approximately 1.91% below its 52-week high.
Technical Highlights
Momentum indicators suggest strong upward pressure, with the 14-period Relative Strength Index (RSI) at 83.91, indicating that the asset is in overbought territory. The Moving Average Convergence Divergence (MACD) shows a bullish signal, with the MACD line positioned above its signal line and the histogram displaying positive values. Trend strength is notably high, as indicated by the 14-period Average Directional Index (ADX) at 54.49. The Plus Directional Indicator (+DI) is significantly above the Minus Directional Indicator (-DI), reinforcing the strong bullish direction. Furthermore, the price is trading above the Supertrend indicator, which is currently at 2,225,354.77 IRR, confirming the prevailing uptrend. The Donchian Channel also highlights the current strength, with the price reaching its upper boundary at 2,360,200 IRR, reflecting a recent high over the lookback period.
Conclusion
The Free-market US Dollar (USD/IRR) concluded the September 10, 2026 session with a notable advance, extending its bullish trend and reaching a new 30-day closing high. Technical indicators largely support the strong upward momentum, though the RSI suggests overbought conditions. 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.