NEWS: Palladium price is increasing 1.5% as some tariff exemptions are made in the US-China trade conflict, creating positive sentiment
Possible Scenarios:
If Palladium fails to breach through R1 of 925.16, our Research Department expects the Palladium to undergo a short- term downward correction.
If Palladium manages to break above its R1 of 925.16, our Research Department expects the Palladium to extend its gains to its R2 of 935.41.
Support and Resistance Levels:
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
877.35 |
887.60 |
897.84 |
911.50 |
925.16 |
935.41 |
945.65 |
Potential Profit or Potential Loss Calculations:
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €87.8 |
(+/-) £75.95 |
*1 trading lot is equivalent of 100 units
**EUR/USD= 1.13889
***GBP/USD= 1.31660
Calculations for exchange rate used as of Monday, April 14, 2025, 09:00 GMT+1