Free-market US Dollar (USD/IRR) Posts Daily Gain, Sustains Bullish Trend

Market Summary

The Free-market US Dollar (USD/IRR) closed at 2,695,000 IRR on October 25, 2026, marking a gain of 20,000 IRR for the session. The currency pair traded within a range of 2,671,600 IRR to 2,715,000 IRR during the day.

Market Analysis

The USD/IRR demonstrated an upward movement in the latest session, opening at 2,675,000 IRR and closing higher. The instrument is currently identified as being in a bullish trend, with its price trading above its 20-day, 50-day, and 200-day Simple Moving Averages. The current closing price is approximately 1.35% away from its 52-week high, indicating proximity to recent peaks. Identified resistance for the pair stands at 2,732,000 IRR, while support is noted at 2,568,600 IRR.

Reviewing recent price action, the USD/IRR experienced a four-day advance that concluded on October 22 with a close of 2,719,050 IRR. This was followed by a decline on October 24 before today's upward session.

Technical Highlights

The Free-market US Dollar is trading above its 20-day, 50-day, and 200-day Simple Moving Averages, which are at 2,659,368 IRR, 2,442,208 IRR, and 1,916,693 IRR respectively, reinforcing a sustained bullish posture.

Momentum, as indicated by the 14-day Relative Strength Index (RSI), is at 65.33, suggesting positive momentum without entering overbought territory. The Average Directional Index (ADX) is at 37.97, indicating a strong trend, with the Plus Directional Indicator (+DI) at 36.54 positioned above the Minus Directional Indicator (-DI) at 23.22, further supporting the positive direction of the trend.

Conversely, the Moving Average Convergence Divergence (MACD) line is below its signal line, with a negative histogram value of -10,049 IRR, which may signal a recent easing of upward momentum. Additionally, the Aroon Down indicator is at 100, while Aroon Up is at 8.33, resulting in a significantly negative Aroon Oscillator of -91.67. This suggests a recent strong downtrend, presenting a divergence from the overall bullish trend indicated by other metrics.

Conclusion

The Free-market US Dollar (USD/IRR) recorded a daily gain, closing at 2,695,000 IRR, and continues to trade within a bullish trend, positioned above key moving averages and near its 52-week high. While momentum indicators like RSI and ADX support the positive trend, the MACD suggests a recent moderation in upward impetus. The Aroon Oscillator, however, indicates a recent strong downtrend, presenting a conflicting signal. The available market data alone do not indicate the underlying cause of the observed price movement.

Live rates

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