Free-market US Dollar (USD/IRR) Extends Gains, Reaching 30-Day High

Market Summary

The Free-market US Dollar (USD/IRR) closed higher on October 1, 2026, marking its fifth consecutive day of gains. The session's closing price of 2,584,650 IRR represents the highest close observed in the last 30 days.

Market Analysis

The USD/IRR rate opened the session at 2,549,000 IRR, reaching an intraday high of 2,585,200 IRR before settling at 2,584,650 IRR. The low for the day was recorded at 2,546,600 IRR. The overall market trend for the Free-market US Dollar is currently identified as bullish. This upward momentum is further supported by the rate trading above its 20-day, 50-day, and 200-day Simple Moving Averages. The current price is notably close to its 52-week high, standing just 0.02% below this level. Volatility over the past 30 days has been approximately 1.55%. The intraday high of 2,585,200 IRR acts as the immediate resistance, while a support level is observed at 2,265,600 IRR.

Technical Highlights

Several technical indicators reinforce the prevailing bullish sentiment while also signaling strong upward pressure.

• The 14-period Relative Strength Index (RSI) is at 83.45, indicating that the asset is in overbought territory, consistent with strong recent price appreciation.
• The Average Directional Index (ADX) stands at 52.84, suggesting a robust trend. The Plus Directional Indicator (+DI) at 59.68 significantly outweighs the Minus Directional Indicator (-DI) at 11.01, confirming the strength of the positive directional movement.
• The Free-market US Dollar's closing price is positioned above the upper Bollinger Band, which is at 2,539,524 IRR, typically observed during periods of strong upward price action.
• The Moving Average Convergence Divergence (MACD) shows a positive reading of 101,429, with the MACD line above its signal line (85,552) and a positive histogram, confirming bullish momentum.
• The Aroon Up indicator is at 0, signifying that the most recent high occurred in the current period, which is a strong bullish signal.

Conclusion

The Free-market US Dollar (USD/IRR) concluded the October 1, 2026 session with significant gains, extending its upward trajectory for a fifth consecutive day and reaching a 30-day closing high. The overall trend remains bullish, supported by price action above key moving averages and strong momentum indicators, although some indicators suggest overbought conditions. The available market data alone do not indicate the underlying cause of the observed price movement.

Live rates

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