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March 31, 2026
NEWS: Palladium price is rising 4.9% as the US dollar started falling ahead of the US session.
Possible Scenarios:
If Palladium fails to breach through R1 of 1484.12, our Analysis Department expects Palladium to undergo a short- term downward correction.
If Palladium manages to break above its R1 of 1484.12, our Analysis Department expects Palladium to extend its gains to its R2 of 1508.58.
Support and Resistance Levels:
|
Palladium |
S3 |
S2 |
S1 |
Reference Price |
R1 |
R2 |
R3 |
|
1369.96 |
1394.42 |
1418.88 |
1451.50 |
1484.12 |
1508.58 |
1533.04 |
Potential Profit or Potential Loss Calculations:
|
1 dollar per 1 trading lot* |
USD |
EUR** |
GBP*** |
|
(+/-) $100 |
(+/-) €87.04 |
(+/-) £75.58 |
*1 trading lot is equivalent of 100 units
**EUR/USD = 1.14889
***GBP/USD = 1.32315
Calculations for exchange rate used as of Tuesday, March 31, 2026, 12:50 PM GMT+1