Palladium price is rising 1.2%
October 15, 2026
NEWS: Palladium price is rising 1.2% as industrial metals benefit from positive sentiment following mixed manufacturing, spending, and inflation data is all released at the same time from the US.
Possible Scenarios:
If Palladium fails to breach through R1 of 1132.76, our Analysis Department expects Palladium to undergo a short- term downward correction.
If Palladium manages to break above its R1 of 1132.76, our Analysis Department expects Palladium to extend its gains to its R2 of 1143.08.
Support and Resistance Levels:
|
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1084.60 |
1094.92 |
1105.24 |
1119.00 |
1132.76 |
1143.08 |
1153.40 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €89.3 |
(+/-) £75.52 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.11985
***GBP/USD = 1.32414
Calculations for exchange rate used as of Thursday, October 15, 2026, 13:39: GMT +1