Palladium continues to fall after the recent downward reversal from the major resistance area lying at the intersection of the long-term resistance level 1130.00 (which stopped the sharp uptrend in January) and the upper weekly Bollinger Band.
The downward reversal from this resistance area created the daily Japanese candlesticks reversal pattern Bearish Engulfing.
Given the bearish divergence on the daily Stochastic indicator – Palladium is expected to fall further and re-test the next strong support level 1080.00 (former resistance form September).
In 2026, experts favour the yen, see modest euro growth, and expect pressure on the…
Crypto rebounds continue; Bitcoin faces resistance, with a mixed market outlook ahead, as regulatory changes…
Coca-Cola: ⬇️ Sell - Coca-Cola reversed from long-term resistance level 73.25 - Likely to fall to…
DraftKings: ⬆️ Buy - DraftKings reversed from support zone - Likely to rise to resistance level…
NVDA: ⬆️ Buy - NVDA reversed from support zone - Likely to rise to resistance level…
Basic Attention Token: ⬇️ Sell - Basic Attention Token reversed from resistance level 0.2800 - Likely…
This website uses cookies
