Palladium seems likely to be under pressure against the USD today. Monday, October 20, 2025.

[Ben Graham]

[XPD/USD] – [Monday, October 20, 2025]

With a Death Cross between both EMAs and the RSI indicator in the Neutral-Bearish zone showing a Hidden Bearish Divergence, XPD/USD has the potential to continue weakening.

Key Levels:

1. Resistance. 2 : 1733.97

2. Resistance. 1 : 1615.86

3. Pivot : 1554.09

4. Support. 1 : 1435.98

5. Support. 2 : 1374.21

Tactical Scenario:

Pressure Zone: If the price breaks down and closes below 1435.98, there's a high likelihood it will test the 1374.21 level.

Momentum Extension Bias: If 1374.21 is broken and closes below, XPD/USD could continue weakening toward 1256.10.

Invalidation Level / Bias Revision:

The downside bias is neutralized if the price stabilizes above the resistance zone.

Technical Summary:

EMA(50) : 1538.28

EMA(200): 1552.96

RSI(14) : 41.86 + Hidden Bearish Divergent

Ecconomic News Release Agenda:

From the United States, only one economic data release is scheduled for tonight which is CB Leading Index m/m at 21:00 WIB.

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