Palladium price is falling 3.0%
October 7, 2026
NEWS: Palladium price is falling 3.0% to its lowest level since September 2025 as high U.S. Treasury yields continue to support the dollar ahead of the release of the Federal Reserve’s meeting minutes later today.
Possible Scenarios:
If Palladium fails to breach through S2 of 1111.28, our Analysis Department expects Palladium to undergo a short- term upward correction.
If Palladium manages to break below its S2 of 1111.28, our Analysis Department expects Palladium to extend its losses to its S3 of 1099.83
Support and Resistance Levels:
|
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1099.83 |
1111.28 |
1122.73 |
1138.00 |
1153.27 |
1164.72 |
1176.17 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €89.53 |
(+/-) £75.78 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.11697
***GBP/USD = 1.31961
Calculations for exchange rate used as of Wednesday, October 7, 2026, 1:51: PM