Palladium 4H EUR Session (31.08.2014) Technical Analysis

FX:XPDUSD   Palladium/U.S. Dollar
56 0 0
The Palladium / US Dollar             pair ( XPDUSD             ) 4h Diagram Technical Analysis Training shows the following:

The XPDUSD             pair has made a local             top at 906.4 for some consolidations there but the overall image is bullish . The support line is above the KUMO so we are on a bullish mode. The daily diagram is bullish too.

So the first think in mind is that XPDUSD             may pull back for 899.5 (1 of fib) before make the new upward movement. MACD is bullish without any divergence and RSI too.

We have no special candlestick pattern. The pair is above the KUMO, above the Tenkan Sen (Green line) and Kijun Sen (blue line) too. The pair is above the EMA 200 (4H).

There is no special pattern. The fib from 864.4 to 886,1 (projection) shows a target at 921.3.

Long inspire of a pull back at 899.5. Stop loss under the support line.
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