NEWS: Palladium price is increasing 2.7% following higher than expected US unemployment data and ahead of tommorow’s US inflation data
Possible Scenarios:
If Palladium fails to breach through R1 of 1704.15, our Research Department expects the Palladium to undergo a short- term downward correction.
If Palladium manages to break above its R1 of 1704.15, our Research Department expects the Palladium to extend its gains to its R2 of 1726.20.
Support and Resistance Levels:
|
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1601.25 |
1623.30 |
1645.35 |
1674.75 |
1704.15 |
1726.20 |
1748.25 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €85.35 |
(+/-) £75.03 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.17167
***GBP/USD = 1.33288
Calculations for exchange rate used as of Wednesday, December 17, 2025, 09:15 GMT