FKLI
FKLI Spot Month Futures - 21 Jan 2026
Wed, 21-Jan-2026 10:46 am
by Dealing Team • Apex Futures

FKLI
Pivot
1703
Resistance
1697 / 1702 / 1707 / 1717
Support
1692 / 1690 / 1685 / 1681
Possible Range
1685 to 1700
Strategy
Long positions may be opened above 1692 with targets at 1697/1702 and stop-loss at 1688
Short positions may be opened below 1702 with targets at 1695/1692 and stop-loss at 1708

FKLI Jan month dropped 13.5 points or 0.79% to close at 1696.5. Bursa Malaysia wiped off earlier weekly gains amid weak regional market

The Dow Jones futures dipped 870 points to closed at 48488. Wall street ends lower as Trump escalated tensions by reiterating his push to acquire Greenland and threatening to slap 200% tariffs on French wine and champagne after French President Emmanuel Macron reportedly declined a role on Trump’s proposed “Board of Peace” for Gaza.

The active FKLI contract selling bias triggered continuous selling in previous session, gaining selling confidence alongside weak Dow Jones sentiment. On the daily chart, a bearish engulfing candle formed indicating selling in near term, limiting on the upside level. Nevertheless, the 1692 is anticipated to be a strong support level. Hence, a sideway range in between 1690 -1700 should be expected temporarily. Immediate support and resistance levels are identified at 1692 and 1700, respectively. Beware of any potential sentiment changes.

(News Source: The Star, Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 3.910377 3.941921
EUR 4.603841 4.608755
CNY 0.570110 0.570719
HKD 0.500128 0.503660
SGD 3.077302 3.099068