FCPO
FCPO 3rd Month Futures - 09 Mar 2026
Mon, 09-Mar-2026 09:01 am
by Dealing Team • Apex Futures

FCPO
Pivot
4290
Resistance
4380 / 4420 / 4445 / 4465
Support
4340 / 4310 / 4280 / 4260
Possible Range
4310 to 4445
Strategy
Long positions may be opened above 4380 with targets at 4420/4445 stop-loss at 4365
Short positions may be opened below 4340 with targets at 4310/4280 stop-loss at 4355

FCPO May month surged 160 points or +3.80% to closed at 4367 in previous session. Indonesia will file for a suspension of concessions against the European Union at the World Trade Organization's dispute settlement body over a palm oil case, the trade minister said Saturday. 

CBOT soyoil active trading contract earns 2.34 points to closed at 68.89 on current session. Dalian active traded palm olein contract earns 306 points to close at 9454 on previous session. 

The active FCPO contract broke above the immediate resistance zone at 4320-4325, confirmed by a strong bullish engulfing candle. On the 5 minute chart, the price continues to show upward momentum, forming a higher low shift from 4015 to 4140 and a higher high transition from 4205 to 4375, indicating strengthening bullish structure. 

Intraday immediate resistance is seen at 4380-4420 area. A breakout above this zone could pave the way toward 4445, with an extended target at 4500. On the other hand, failure to maintain above 4340-4310 may trigger a pullback toward 4280. Traders should remain vigilant for shifts in market sentiment. Immediate support and resistance level are identified at 4340 and 4380, respectively.

(News Source: Bloomberg)

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Market Mover
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