XPD/USDT is Moving Downwards on 1D Timeframe There is a series of lower lows and lower highs in the chart of different time frames including 1D,4h, and 1w. It shows the overall downtrend of XPD according to DOW theory.
Xpdusddaily
XPDNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
XPDUSD LONG - Buy Entry - D1 ChartXPDUSD LONG - Buy Entry - D1 Chart - Palladium
Buy @ Market
Symbol: XPDUSD - Palladium
Timeframe: D1
Type: BUY
Entry Price: Buy @ Market
TP - Resistance @ 3179.58
TP - BE - Resistance @ 2704.59
Support @ 2443.23
W1 Support @ 2300.05
PP Y1 - Pivot Point Yearly @ 2141.43
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PALLADIUM (XPDUSD) Breakout !!PALLADIUM (XPDUSD) has given a breakout from falling trendline and is sustaining above it.
We are expecting bulls to continue their attack and break all minor resistance. A buy on dip stance should be adopted with calculated risk one can ride the uptrend.
Trade your levels accordingly.
PALLADIUM - XPDUSD BULLISH CONTINUATION ON THE CARDSPalladium - Monthly chart is making a come back after falling off the cliff in the past few months. The drop can be viewed as a much needed correction in the overall bullish trend in the metals market. Price action is telling me that palladium prices have found the floor and now price looks set to bounce back up to possibly new highs in the next coming months to years.
XPD/USD 4h analysis possible buy Hello everyone , as we all know the market action discounts everything :)
The XPD/USD seem to continue its movement in an upward channel, there are 3 different scenarios that am seeing the right now :
1_The price will drop down to the old resistance line which is the support line now at 2712.474 and then bounce back up and maybe breaking the new resistance line at 2747.800 which if that happen thats a great bullish mark , where we could use it to trade breakouts.
if you dont know what is a breakout then watch this
2_The price would continue the bullish movement and reaching the resistance line at 2747.800 and breaking out which could be a great buy opportunity
3_The price will reached the support line at 2712.474 and if the price breakout that support line it would be a confirmation that the price will drop down and it a possible sell signal
Using different indicators showing that the market is bullish so scenarios 1 or 2 is more possible then the 3 :
1_The market price is moving above the MA and EMA (bullish sign)
2_The RSI is at 64,99 showing strength is the market and could be reaching overbought zone at 70 (bullish sign)
3_The MACD seems to be gaining more momentum with the trend going through a positive crossover for now (bullish sign)
Support & Resistance points :
support Resistance
1_ 2719.46 1_2738.34
2_ 2710.04 2_2747.80
3_ 2700.58 3_2757.22
Fundamental point of view :
One-month risk reversal on Palladium (XPD/USD), a measure of the spread between call and put prices, not only snaps a two-day uptrend but also marks the heaviest fall since last Thursday, according to data source Reuters.
A call option gives the holder the right but not obligation to buy the underlying asset at a predetermined price on or before a specific date. A put option represents a right to sell. That said, the daily difference between them slumps to -0.012 by the end of Wednesday’s trading session, per Reuters.
The moves could be linked to the XPD/USD price performance that prints a three-day uptrend of around $2,650 by the press time of early Thursday.
As the options market signal favors the palladium bears, sluggish momentum amid the pre-ECB caution and a light calendar tests the commodity traders. according to fxstreet
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This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view , not financial advice.
If you have any questions please ask and have a great day !!!
Thank you for reading.
Great Hunting Opportunity In XPDUSDFriends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
ridethepig | Palladium Market Commentary 2020.06.15Here the consolidation is condemned to break for the common good, as a diversionary sacrifice. Covid cases will act as the catalyst undoubtedly. The question is only and above all when?
For those tracking the breakout momentum is much more on the buyers side, clearly defined jurisdictions are on both sides of the map... As a quick cheatsheet: Strong Support (1635) <=> Soft Support (1750) <=> Soft Resistance (2300) <=> Strong Resistance (2800).
PALLADIUM Falling Wedge IdeaPossible falling wedge on XPDUSD
Included a critical point which is adjacent to Fibonacci spiral
Buy on breakout of wedge at critical point or earlier.
PALLADIUM maintaining bullish momentumPalladium has produced a bearish divergence, followed by a possible bullish divergence, yellow fib EMA has been a clear support for some time for this bull run, lets see if it holds again. Currently stuck in between a strong horizontal support.
Good short or long opportunityLooking at the wicks where price has on the daily chart, it looks as if price has rejected that point and wants to go down. However, decides to go up and break resistance, you should expect some kind of impulse.
# XPDUSD Pending Sell Order#XPDUSD Pending Sell Order.
Waiting for a price action confirmation signal!
Good Luck
Metals, up (Update)XPDUSD's daily close yesterday has confirmed my trade analysis with the ascending channel of the metal commodity. With temporary supports just ahead, will this metal commodity continue its decline to the bottom of the ascending channel?
Metals, upWhilst looking up at my trades -- and the technical outlooks -- of the market beforehand the NFP, several of them suggested a further decline on the Dollar. Meaning, bad NFP number; an increase on the annual wage growth would then be the only data that could save data. But no... NFP sealed the fate of Dollar.
Beforehand the actual release of the data, I entered an order for this metal. I was not able to update my trade analysis as it was not on schedule and this is my first time trading other metals aside from gold and silver. I am now broadening my market.
XPD/USD palladium us dollar: Expecting a short term break downI am expecting a short term break down. Further details are explained well on the chart.
