NEWS: Palladium is falling 2.6% as the U.S. dollar gained support following further U.S. and Israeli military escalation against Iran.
Possible Scenarios:
If Palladium fails to breach through S2 of 1616.05, our Research Department expects the Palladium to undergo a short- term upward correction.
If Palladium manages to break below its S2 of 1616.05, our Research Department expects the Palladium to extend its losses to its S3 of 1586.18.
Support and Resistance Levels:
|
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1586.18 |
1616.05 |
1645.92 |
1685.75 |
1725.58 |
1755.45 |
1785.32 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
|
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €84.5 |
(+/-) £74.8 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.18345
***GBP/USD = 1.33692
Calculations for exchange rate used as of Thursday, March 12, 2026, 14:00 (GMT)