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[XPD/USD]
With all technical conditions indicating weakness in Palladium versus the USD, then there is a chance today that XPD/USD will weaken toward its nearest support level.
Key Levels
1. Resistance. 2 : 1681.94
2. Resistance. 1 : 1656.70
3. Pivot : 1631.61
4. Support. 1 : 1606.37
5. Support. 2 : 1556.04
Tactical Scenario
Pressure Zone: If XPD/USD fails to break above 1631.61, there is potential pressure toward 1606.37.
Momentum Extension Bias: If 1606.37 is broken, there is a chance to test the next support at 1556.04.
Invalidation Level / Bias Revision
The downside bias is restrained if XPD/USD strengthens and breaks above 1681.94.
Technical Summary
EMA(50) : 1619.22
EMA(200): 1667.57
RSI(14) : 43.54
Economic News Release Agenda:
There are no economic data releases from the U.S. market session today.
*এখানে পোস্ট করা মার্কেট বিশ্লেষণ আপনার সচেতনতা বৃদ্ধির জন্য প্রদান করা হয়, ট্রেড করার নির্দেশনা প্রদানের জন্য প্রদান করা হয় না।
ইন্সটাফরেক্স বিশ্লেষণমূলক পর্যালোচনাগুলো আপনাকে মার্কেট প্রবণতা সম্পর্কে পুরোপুরি সচেতন করবে! ইন্সটাফরেক্সের একজন গ্রাহক হওয়ায়, দক্ষ ট্রেডিং এর জন্য আপনাকে অনেক সেবা বিনামূল্যে প্রদান করা হয়।
