NEWS: Palladium price is increasing 4.0% as volatility increases ahead of PCE and GDP data later today.
Possible Scenarios:
if Palladium fails to breach through R2 of 1771.89, our Research Department expects the Palladium to undergo a short- term downward correction.
If Palladium manages to break above its R2 of 1771.89, our Research Department expects the Palladium to extend its gains to its R3 of 1800.13.
Support and Resistance Levels:
|
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1611.87 |
1640.11 |
1668.35 |
1706.00 |
1743.65 |
1771.89 |
1800.13 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
|
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €84.5 |
(+/-) £74.25 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.18345
***GBP/USD = 1.34677
Calculations for exchange rate used as of Friday, February 20, 2026, 9:35 GMT