NEWS: Palladium price is increasing 1.1% following new tariff exemptions by China on select US imports
Possible Scenarios:
If Palladium fails to breach through R1 of 947.56, our Research Department expects the Palladium to undergo a short- term downward correction.
If Palladium manages to break above its R1 of 947.56, our Research Department expects the Palladium to extend its gains to its R2 of 955.11.
Support and Resistance Levels:
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
912.35 |
919.90 |
927.44 |
937.50 |
947.56 |
955.11 |
962.65 |
Potential Profit or Potential Loss Calculations:
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
(+/-) $100 |
(+/-) €88.13 |
(+/-) £75.05 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.13470
***GBP/USD = 1.33253
Calculations for exchange rate used as of Monday, April 28, 2025, 10:00 GMT+1