NEWS: Palladium price is increasing 2.0% as new trade deals should be announced this week.
Possible Scenarios:
if Palladium fails to breach through R2 of 1161.86, our Research Department expects the Palladium to undergo a short- term downward correction.
If Palladium manages to break above its R2 of 1161.86, our Research Department expects the Palladium to extend its gains to its R3 of 1179.8.
Support and Resistance Levels:
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
1060.20 |
1078.14 |
1096.08 |
1120.00 |
1143.92 |
1161.86 |
1179.80 |
Potential Profit or Potential Loss Calculations:
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
(+/-) $100 |
(+/-) €85.22 |
(+/-) £73.44 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.17348
***GBP/USD = 1.36172
Calculations for exchange rate used as of Thursday, July 10, 2025, 8:20 GMT+1