Palladium price is rising 1.1 %
October 22, 2026
NEWS: Palladium price is rising 1.1 % after previously hitting its lowest level in seventeen months.
Possible Scenarios:
If Palladium fails to breach through R1 of 1061.92, our Analysis Department expects Palladium to undergo a short- term downward correction.
If Palladium manages to break above its R1 of 1061.92, our Analysis Department expects Palladium to extend its gains to its R2 of 1070.86.
Support and Resistance Levels:
|
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1020.20 |
1029.14 |
1038.08 |
1050.00 |
1061.92 |
1070.86 |
1079.80 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €89.25 |
(+/-) £74.78 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.12033
***GBP/USD = 1.33737
Calculations for exchange rate used as of Thursday, October 22, 2026, 2:07: PM