NEWS: Palladium price is falling -2.3% following fears that the trade war will lower the demand for palladium
Possible Scenarios:
If Palladium fails to breach through S1 of 947.18, our Research Department expects the Palladium to undergo a short- term upward correction.
If Palladium manages to break below its S1 of 947.18, our Research Department expects the Palladium to extend its losses to its S2 of 937.94.
Support and Resistance Levels:
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
928.70 |
937.94 |
947.18 |
959.50 |
971.82 |
981.06 |
990.30 |
Potential Profit or Potential Loss Calculations:
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €87.89 |
(+/-) £75.52 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.13777
***GBP/USD = 1.32415
Calculations for exchange rate used as of Thursday, April 17, 2025, 09:10 GMT+1