FCPO
FCPO 3rd Month Futures - 22 Aug 2025
Fri, 22-Aug-2025 09:17 am
by Dealing Team • Apex Futures

FCPO
Pivot
4491
Resistance
4500 / 4530 / 4570 / 4610
Support
4470 / 4450 / 4420 / 4386
Possible Range
4450 to 4570
Strategy
Long positions may be opened above 4500 with targets at 4540/4570 stop-loss at 4475
Short positions may be opened below 4500 with targets at 4470/4450 stop-loss at 4525

FCPO Nov month lose 38 points or 0.84% to closed lower at 4460. Malaysian palm oil futures extend to its third consecutive losing streak due to weak Dalian rival vegetable oils. CBOT soyoil active traded contract jumped at 53.87 on previous session. Dalian’s active palm oil contract points to close higher at 9596 on previous night session. jumped 2.42 points to closed higher alian’s active palm oil contract rose 42 on previous night session. The actively traded FCPO contract has garnered selling momentum breaking new session lows to 4446. On the daily chart, prices remain the possibility of continued technical correction or sideways consolidation. However, a decisive break above the immediate resistant of 4540 could shift direction toward further upside. Beware of any potential sentiment changes. The immediate nd resistance levels are pinpointed at 4450 and 4540, The actively traded FCPO contract has garnered selling momentum breaking new session lows to 4446. On the daily chart, prices remain within an upward channel signaling the possibility of continued technical correction or sideways consolidation. However, a decisive break above the immediate resistant of 4540 could shift direction toward further upside. Beware of any potential sentiment changes. The immediate support and resistance levels are pinpointed at 4450 and 4540, respectively.

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.216494 4.249912
EUR 4.923595 4.928588
CNY 0.592163 0.592763
HKD 0.540426 0.544215
SGD 3.273679 3.296901