NEWS: Palladium price is falling -3.4% following lower than expected German and Eurozone Manufacturing PMI data
Possible Scenarios:
If Palladium fails to breach through S1 of 1322.58, our Research Department expects the Palladium to undergo a short- term upward correction.
If Palladium manages to break below its S1 of 1322.58, our Research Department expects the Palladium to extend its losses to its S2 of 1302.77.
Support and Resistance Levels:
|
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1282.95 |
1302.77 |
1322.58 |
1349.00 |
1375.42 |
1395.24 |
1415.05 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €86.82 |
(+/-) £76.6 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.15186
***GBP/USD = 1.30545
Calculations for exchange rate used as of Thursday, November 21 2025, 10:40 GMT