FCPO
FCPO 3rd Month Futures - 9 Feb 2026
Mon, 09-Feb-2026 10:21 am
by Dealing Team • Apex Futures

FCPO
Pivot
4174
Resistance
4160 / 4170 / 4180 / 4190
Support
4150 / 4140 / 4130 / 4120
Possible Range
4120 to 4190
Strategy
Long positions may be opened above 4160 with targets at 4180/4190 stop-loss at 4145
Short positions may be opened below 4150 with targets at 4130/4120 stop-loss at 4165

FCPO Apr month drop 52 points or -1.24% to closed at 4154 in previous session. Palm oil edged lower for a second session on signs of softening exports from Malaysia, the world’s second-biggest producer.

CBOT soyoil active trading contract dropped 0.32 points to closed at 55.33 on previous session. Dalian active traded palm olein contract down 16 points to close at 9026 on previous session.

The active FCPO contract failed to hold above the 4175-4160 support zone and fell sharply, forming a bearish candle after encountering resistance around the 4280-4270 level. On the 5-minute chart, price remains in a downward channel, with lower highs shifting from 4195 to 4165 and lower lows declining from 4180 to 4160. 

Immediate resistance is seen at 4160-4170 area. A breakout above this zone could pave the way toward 4200, with an extended target at 4250. On the other hand, failure to maintain above 4150-4140 may trigger a pullback toward 4100. Traders should remain vigilant for shifts in market sentiment. Immediate support and resistance level are identified at 4150 and 4160, respectively. 

(News Source: Bloomberg)

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Market Mover
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