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Palladium Futures Over 6% Up In The Last 10 Sessions

(VIANEWS) – Palladium (PA) has been up by 6.82% for the last 10 sessions. At 08:50 EST on Tuesday, 9 April, Palladium (PA) is $1,076.50.

Volume

Today’s last reported volume for Palladium is 1190, 99.99% below its average volume of 3584708800.65.

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

  • 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."
  • According to FXStreet on Monday, 8 April, "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. ", "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."

More news about Palladium (PA).

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