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Palladium Futures Went Up By Over 6% In The Last 10 Sessions

(VIANEWS) – Palladium (PA) has been up by 6.27% for the last 10 sessions. At 17:50 EST on Monday, 8 April, Palladium (PA) is $1,055.00.

Volume

Today’s last reported volume for Palladium is 4207, 99.99% below its average volume of 3603224852.9.

Volatility

Palladium’s last week, last month’s, and last quarter’s current intraday variation average was 0.87%, 0.39%, and 1.89%, respectively.

Palladium’s highest amplitude of average volatility was 2.22% (last week), 1.50% (last month), and 1.89% (last quarter), respectively.

Commodity Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Palladium’s commodity is considered to be oversold (<=20).

News about

  • WTI crude oil weekly forecast: resistance vulnerable as values escalate anew – 07 April 2024. According to DailyForex on Sunday, 7 April, "Thus, while some analysts will point to the price of Crude Oil and say and say it is because of Middle East tension, it doesn’t make the point correct.", "Yes, WTI Crude Oil is now trading at highs seen in October of 2023; this after the Israel war with Hamas became newsworthy. "
  • According to FXStreet on Monday, 8 April, "The optimism is being fueled by positive economic data from China - the world’s top importer - and supports prospects for the emergence of some dip-buying around Crude Oil prices.", "Apart from this, the OPEC+ clampdown on some countries to increase compliance with output cuts, along with a strong demand outlook, acts as a tailwind for Crude Oil prices. "
  • Crude oil forecast: continues to power higher – 08 April 2024. According to DailyForex on Monday, 8 April, "The West Texas Intermediate Crude Oil market initially pulled back during the day on Friday as we were waiting for the jobs number. ", "At this point, I fully anticipate that the WTI Crude Oil marketers looking to the $87.50 level next, followed by the $90 level above."

More news about Palladium (PA).

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