FCPO
FCPO 3rd Month Futures - 24 Feb 2026
Tue, 24-Feb-2026 08:55 am
by Dealing Team • Apex Futures

FCPO
Pivot
4097
Resistance
4125 / 4145 / 4155 / 4175
Support
4105 / 4095 / 4080 / 4065
Possible Range
4080 to 4155
Strategy
Long positions may be opened above 4125 with targets at 4145/4155 stop-loss at 4110
Short positions may be opened below 4105 with targets at 4095/4080 stop-loss at 4120

FCPO May month earns 31 points or +0.76% to closed at 4114 in previous night session. Palm oil posted its biggest intraday drop in over a week as investors grappled with the US tariff uncertainty, with the strength of the ringgit further denting the export outlook from the world’s second-largest producer. 

CBOT soyoil active trading contract earns 0.58 points to closed at 59.88 on previous session. Dalian commodity exchange will be open by today. 

The active FCPO contract is finding support at the SMA-50, with a green candle forming after a Doji candlesticks, signalling a potential bullish continuation. On the 5-minute chart, prices are establishing higher lows, climbing from 4005 to 4055, which reflects building upward momentum. To confirm further upside strength, the price needs to break above the 4150 level. 

Intraday immediate resistance is seen at 4125-4145 area. A breakout above this zone could pave the way toward 4155, with an extended target at 4175. On the other hand, failure to maintain above 4105-4095 may trigger a pullback toward 4080. Traders should remain vigilant for shifts in market sentiment. Immediate support and resistance level are identified at 4105 and 4125, respectively.

(News Source: Bloomberg)

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