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FX.co ★ If the Pivot level can hold the correction in XPD/USD, it has the potential to strengthen and rise towards its nearest resistance level. Wednesday, September 03, 2025.

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Forex Analysis:::2025-09-03T07:54:30

If the Pivot level can hold the correction in XPD/USD, it has the potential to strengthen and rise towards its nearest resistance level. Wednesday, September 03, 2025.

[XPD/USD] – [Wednesday, September 03, 2025]

XPD/USD has a Death Cross crossing the EMAs. Although the RSI is at a neutral bearish level, as long as it doesn't weaken and close below 1086.27, the bias remains bullish.

Key Levels

1. Resistance 2: 1173.51.

2. Resistance 1: 1154.37.

3. Pivot: 1129.89.

4. Support 1: 1110.75.

5. Support 2: 1086.27.

Tactical Scenario

Positive Reaction Zone: If the price of palladium successfully breaks through and closes above 1154.37, it has the potential to continue strengthening to 1173.51.

Momentum Extension Bias: If the 1173.51 level is successfully broken through and closes above it, XPD/USD has the potential to continue strengthening to 1197.99.

Invalidation Level / Bias Revision

The upside bias weakens when the price of palladium weakens and breaks through and closes below 1086.27.

Technical Summary

EMA(50): 1134.48.

EMA(200): 1120.53.

RSI(14): 41.89.

Economic News Release Agenda:

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

US - JOLTS Job Openings - 21:00 WIB

US - Factory Orders m/m - 21:00 WIB

US - Wards Total Vehicle Sales - All Day

US - Beige Book - 01:00 WIB

US - API Weekly Statistical Bulletin - 03:30 WIB

If the Pivot level can hold the correction in XPD/USD, it has the potential to strengthen and rise towards its nearest resistance level. Wednesday, September 03, 2025.

Analyst InstaForex
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