NEWS: Palladium price is falling -3.1%, following a more dovish stance projected by the US FED in yesterday’s meeting
Possible Scenarios:
If Palladium fails to breach through Reference Price of 1033.00, our Research Department expects the Palladium to undergo a short- term upward correction.
If Palladium manages to break below its Reference Price of 1033.00, our Research Department expects the Palladium to extend its losses to its S1 of 1020.10
Support and Resistance Levels:
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
1000.75 |
1010.43 |
1020.10 |
1033.00 |
1045.90 |
1055.58 |
1065.25 |
Potential Profit or Potential Loss Calculations:
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €87.18 |
(+/-) £74.53 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.14708
***GBP/USD = 1.34181
Calculations for exchange rate used as of Thursday, June 19, 2025, 09:55 GMT+1