September 28, 2026
NEWS: Palladium price is falling -2.3% after increasing expectations of another Federal Reserve interest rate hike.
Possible Scenarios:
If Palladium fails to breach through S1 of 1212.74, our Analysis Department expects Palladium to undergo a short- term upward correction.
If Palladium manages to break below its S1 of 1212.74, our Analysis Department expects Palladium to extend its losses to its S2 of 1201.07
Support and Resistance Levels:
|
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1189.40 |
1201.07 |
1212.74 |
1228.30 |
1243.86 |
1255.53 |
1267.20 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
||
|
(+/-) $100 |
(+/-) €87.93 |
(+/-) £75.54 |
|||
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.13722
***GBP/USD = 1.32386
Calculations for exchange rate used as of Monday, September 28, 2026, 8:09: AM
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