FCPO
FCPO 3rd Month Futures - 26 Mar 2026
Thu, 26-Mar-2026 08:48 am
by Dealing Team • Apex Futures

FCPO
Pivot
4520
Resistance
4530 / 4565 / 4610 / 4650
Support
4490 / 4450 / 4415 / 4395
Possible Range
4450 to 4565
Strategy
Long positions may be opened above 4530 with targets at 4565/4610 stop-loss at 4515
Short positions may be opened below 4490 with targets at 4450/4415 stop-loss at 4505

FCPO May month losses 41 points or -0.90% to closed at 4496 in previous session. Indonesia is weighing cost-cutting measures to free up as much as 120 trillion rupiah ($7.1 billion) — potentially including savings from President Prabowo Subianto’s signature free meals program — as it seeks to mitigate the impact of higher oil prices.

 

CBOT soyoil active trading contract earns 0.26 points to closed at 67.36 on current session. Dalian active traded palm olein contract losses 32 points to close at 9526 on previous night session.

 

The active FCPO contract following by the second day down, the next daily immediate support identifies 4430-4375 level, failure to hold, might trigger market decline toward 4300 level. On the 5-minute chart, price is support by 4475-4470 level with a double bottom formation. Investor need to stay caution to monitor this level, success bounded from this level might support upward momentum.

 

Intraday immediate resistance is seen at 4530-4565 area. A breakout above this zone could pave the way toward 4610, with an extended target at 4650. On the other hand, failure to maintain above 4490-4450 may trigger a pullback toward 4415. Traders should remain vigilant for shifts in market sentiment. Immediate support and resistance level are identified at 4490 and 4530, respectively. 
 

(News Source: Bloomberg)

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Market Mover
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