empty
 
 
05.03.2025 06:52 AM
Technical Analysis of Intraday Price Movement of XPD/USD Commodity Instrument Pair, Wednesday, March 05, 2025.

This image is no longer relevant

On the 4-hour chart, the Palladium vs USD commodity instrument appears to be trying to break and close above the 944.00 level, which is confirmed by the appearance of Divergence between the XPD/USD price movement and the Stochastic Oscillator indicator. If this level is successfully broken, then XPD/USD will continue to strengthen again to the 954.61 level, even if the volatility and momentum of its strengthening support XPD/USD, it can continue to strengthen again to the 985.11 level, but if on its way to the targets of these levels, there is a sudden weakening correction until it breaks and closes below the 897.02 level, then the strengthening setup that has been described previously automatically becomes invalid.

(Disclaimer)

Earn on cryptocurrency rate changes with InstaForex
Download MetaTrader 4 and open your first trade
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS

Recommended Stories

Can't speak right now?
Ask your question in the chat.
Widget callback