September 23, 2026
NEWS: Palladium price is falling 1.6% after the dollar continued to rise amid speculation of further possible Fed interest rate hikes this year
Possible Scenarios:
If Palladium fails to breach through S2 of 1257.82, our Analysis Department expects Palladium to undergo a short- term upward correction.
If Palladium manages to break below its S2 of 1257.82, our Analysis Department expects Palladium to extend its losses to its S3 of 1244.88.
Support and Resistance Levels:
|
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1244.88 |
1257.82 |
1270.75 |
1288.00 |
1305.25 |
1318.18 |
1331.12 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €87.68 |
(+/-) £75.33 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.14058
***GBP/USD = 1.32758
Calculations for exchange rate used as of Wednesday, September 23, 2026, 12:44: PM
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