Palladium weekly special report based on 1.00 Lot Calculation:
PALLADIUM: USE AND MARKET SHARE
- Palladium is mostly used in catalytic converters by the car industry to reduce harmful gas emissions, while tightening regulations are forcing automakers to put more Palladium into each vehicle, which in turn could keep the demand outlook positive. Palladium has also been used in fuel cells to generate power.
- MARKET SHARE (PRODUCERS): Russia is the largest producer, holding 43% of the market, while South Africa is the second largest with 33.00% of the market. Canada is third on the list with 9.5% of the global production.
- MARKET SHARE (CONSUMERS): China is the largest Palladium consumer with 31%, while Europe and North America (USA) hold 20% each. Japan stands at 11%.
EVENTS (USA):
- WEDNESDAY, JANUARY 28 AT 19:00 GMT: US FEDERAL RESERVE (FED) INTEREST RATE DECISION. Fed Chair Jerome Powell is scheduled to host a press conference at 19:30 GMT. The FED will be having its interest rate decision, with most analysts expecting the interest rate to remain unchanged at 3.75%. However, the FED’s forward guidance could influence the price of U.S. stocks as the markets are still uncertain about how many times the FED will cut interest rates in 2026.
- MONDAY, FEBRUARY 2 AT 14:45 GMT: US MANUFACTURING PURCHASING MANAGERS INDEX DATA (PMI) (JANUARY). A stronger-than-expected PMI reading would signal expanding factory activity in the U.S., supporting vehicle production and industrial use, which could boost palladium demand and prices.
- FRIDAY, FEBRUARY 6 AT 13:30 GMT: US NONFARM PAYROLLS (NFP) AND UNEMPLOYMENT RATE (JANUARY). Weaker-than-expected job growth and a higher unemployment rate could boost expectations of U.S. interest rate cuts, weighing on the dollar and supporting precious metals, including palladium.
EVENTS (CHINA):
- SATURDAY, JANUARY 31 AT 01:30 GMT: CHINA MANUFACTURING PMI (JANUARY). A stronger-than-expected PMI reading would signal improving factory activity in China, supporting vehicle production and industrial demand, which would be positive for palladium prices.
- WEDNESDAY, FEBRUARY 11 AT 1:30 GMT: CHINA INFLATION DATA (CPI) (JANUARY). A stronger CPI reading would point out to improving domestic demand in China, supporting vehicle sales and industrial activity, which would be positive for palladium prices.
TECHNICAL ANALYSIS:
- PALLADIUM PRICE ABOVE 20-,50-, AND 100-DAILY MOVING AVERAGES: Palladium price has remained above its 20-, 50-, and 100-day moving averages, indicating a potential uptrend. The trend could reverse if Palladium price goes below these averages.
- PALLADIUM HIT AN ALL-TIME HIGH OF $3,409 (March 2022): Palladium price has traded around $2,050, and if a full recovery takes place, the price of palladium could see an upside of around 66.30%. Although the price could decline as well.
GRAPH (Daily): August 2025 – January 2026
Please note that past performance does not guarantee future results
Palladium, January 27, 2026
Current Price: 2,050
|
PALLADIUM |
Weekly |
|
Trend direction |
|
|
2,700 |
|
|
2,500 |
|
|
2,300 |
|
|
1,820 |
|
|
1,790 |
|
|
1,750 |
Example of calculation based on weekly trend direction for 1.00 Lot1
|
PALLADIUM |
||||||
|
Pivot Points |
||||||
|
Profit or loss in $ |
65,000 |
45,000 |
25,000 |
-23,000 |
-26,000 |
-30,000 |
|
Profit or loss in €² |
54,677 |
37,854 |
21,030 |
-19,347 |
-21,871 |
-25,236 |
|
Profit or loss in £² |
47,426 |
32,833 |
18,241 |
-16,782 |
-18,970 |
-21,889 |
|
Profit or loss in C$² |
89,115 |
61,695 |
34,275 |
-31,533 |
-35,646 |
-41,130 |
- 1.00 lot is equivalent of 100 units
- Calculations for exchange rate used as of 11:30 (GMT) 27/1/2026
There is a possibility to use Stop-Loss and Take-Profit.
- You may wish to consider closing your position in profit, even if it is lower than suggested one.
- Trailing stop technique could protect the profit.