NEWS: Palladium price is falling -2.1% following a newly proposed minerals deal for Ukraine by the US administration
Possible Scenarios:
If Palladium fails to breach through S2 of 975.10, our Research Department expects the Palladium to undergo a short- term upward correction.
If Palladium manages to break below its S2 of 975.10, our Research Department expects the Palladium to extend its losses to its S3 of 968.50.
Support and Resistance Levels:
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
968.50 |
975.10 |
981.70 |
990.50 |
999.30 |
1005.90 |
1012.50 |
Potential Profit or Potential Loss Calculations:
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €92.34 |
(+/-) £77.12 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.08298
***GBP/USD = 1.29670
Calculations for exchange rate used as of Friday, March 28, 2025, 14:30 GMT