FCPO
FCPO 3rd Month Futures - 10 Feb 2026
Tue, 10-Feb-2026 09:37 am
by Dealing Team • Apex Futures

FCPO
Pivot
4157
Resistance
4160 / 4170 / 4180 / 4190
Support
4150 / 4140 / 4130 / 4120
Possible Range
4120 to 4190
Strategy
Long positions may be opened above 4170 with targets at 4180/4190 stop-loss at 4155
Short positions may be opened below 4140 with targets at 4130/4120 stop-loss at 4155

FCPO Apr month drop 5 points or -0.12% to closed at 4155 in previous night session. Palm oil may drop below 4,000 ringgit a ton by April as it competes with a flood of South American soy oil in price-sensitive markets like India. 

CBOT soyoil active trading contract surged 1.36 points to closed at 56.69 on previous session. Dalian active traded palm olein contract up 6 points to close at 8980 on previous session. 

The active FCPO contract maintained a weak sentiment and closed below the SMA-200, indicating that selling pressure remains dominant. On the 5-minute chart, price action continues to trade within a downward channel, forming a new low around the 4142-4140 level, while the recent high has shifted lower from 4182 to 4165 level. 

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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