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FX.co ★ Palladium is expected to weaken against the USD today, moving toward its nearest support level. Wednesday, October 29, 2025.

Palladium is expected to weaken against the USD today, moving toward its nearest support level. Wednesday, October 29, 2025.

[XPD/USD] – [Wednesday, October 29, 2025]

Today, XPD/USD has the potential to decline toward its nearest support level, as confirmed by both EMAs forming a Death Cross and the appearance of a Divergent RSI against its price movement.

Key Levels:

1. Resistance. 2 : 1472.39

2. Resistance. 1 : 1440.54

3. Pivot : 1391.01

4. Support. 1 : 1359.16

5. Support. 2 : 1309.63

Tactical Scenario:

Pressure Zone: If the price of XPD/USD breaks and closes below 1391.01, it may continue to decline toward 1359.16.

Momentum Extension Bias: If 1359.16 is also broken and closes below it, then 1309.63 will likely be tested.

Invalidation Level / Bias Revision:

The downside bias is held if the price strengthens and breaks through to close above 1472.39.

Technical Summary:

EMA(50) : 1404.85

EMA(200): 1430.54

RSI(14) : 49.34 + Bearish Divergent

Economic News Release Agenda:

Tonight and early morning from the United States, the following economic data will be released:

US - Pending Home Sales m/m - 21:00 WIB

US - Crude Oil Inventories - 21:30 WIB

US - US Fed Fund Rate - 01:00 WIB

Palladium is expected to weaken against the USD today, moving toward its nearest support level. Wednesday, October 29, 2025.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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