Palladium price is falling -1.6%
October 8, 2026
NEWS: Palladium price is falling -1.6% as high U.S. Treasury yields and a strong U.S. dollar continue to weigh on precious metals.
Possible Scenarios:
If Palladium fails to breach through S1 of 1110.79, our Analysis Department expects Palladium to undergo a short- term upward correction.
If Palladium manages to break below its S1 of 1110.79, our Analysis Department expects Palladium to extend its losses to its S2 of 1097.88
Support and Resistance Levels:
|
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1084.97 |
1097.88 |
1110.79 |
1128.00 |
1145.21 |
1158.12 |
1171.03 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €89.33 |
(+/-) £75.75 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.11942
***GBP/USD = 1.32010
Calculations for exchange rate used as of Thursday, October 8, 2026, 08:53 GMT+1