USD/IRR Pulls Back as Bullish Trend Holds
The Free-market US Dollar (USD/IRR) concluded the trading session on July 25, 2026, with a decline, closing at 1,897,000 IRR. This marked a decrease from its...
Market Summary
The Free-market US Dollar (USD/IRR) concluded the trading session on July 25, 2026, with a decline, closing at 1,897,000 IRR. This marked a decrease from its opening price of 1,911,900 IRR, with the session's close near the daily low of 1,894,800 IRR.
Interactive price chart
Market Analysis
Despite the daily pullback, the overall market structure for USD/IRR remains bullish. The price continues to trade above its 20-day, 50-day, and 200-day Simple Moving Averages, indicating a sustained upward trajectory. The instrument is positioned relatively close to its 52-week high, with a distance of approximately 2.73%, while remaining significantly above its 52-week low by about 85.04%.
The latest session saw a single day of decline, interrupting a series of recent gains. The trading range for the day was between 1,894,800 IRR and 1,913,200 IRR. Identified resistance for the pair stands at 1,950,200 IRR, with a support level at 1,729,800 IRR. Volatility over the past 30 days was measured at approximately 1.64%.
Technical Highlights
Momentum remains moderately positive, with the 14-period Relative Strength Index (RSI) at 60.62, above its neutral level. The Moving Average Convergence Divergence (MACD) indicator also shows bullish momentum, as the MACD line is above its signal line and the histogram is positive.
The Average Directional Index (ADX) at 30.22 indicates a strong trend is present, further supported by the Plus Directional Indicator (+DI) being higher than the Minus Directional Indicator (-DI). Both the Supertrend and Parabolic SAR (PSAR) indicators signal an uptrend, with the price trading above both. However, the Aroon Down indicator is at 100, while Aroon Up is at 20.83, suggesting that recent price action has seen more pronounced downward movement or consolidation in the short term, despite the broader bullish trend.
Conclusion
The Free-market US Dollar (USD/IRR) experienced a daily decline on July 25, closing lower after opening higher. However, the broader market structure and several key technical indicators continue to point towards a bullish trend. 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.