September 23, 2026
NEWS: Palladium price is falling -2.1% as metals face pressure from a US Dollar strengthening off of the back of better-than-expected economic data.
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 |
(+/-) €87.76 |
(+/-) £75.43 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD= 1.13942
***GBP/USD= 1.32581
Calculations for exchange rate used as of Wednesday, September 23, 2026, 15:44: GMT +1
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