FCPO
FCPO 3rd Month Futures - 27 Mar 2026
Fri, 27-Mar-2026 08:57 am
by Dealing Team • Apex Futures

FCPO
Pivot
4537
Resistance
4610 / 4650 / 4685 / 4740
Support
4565 / 4530 / 4490 / 4450
Possible Range
4490 to 4685
Strategy
Long positions may be opened above 4610 with targets at 4650/4685 stop-loss at 4595
Short positions may be opened below 4565 with targets at 4530/4490 stop-loss at 4580

FCPO May month gains 87 points or +1.94% to closed at 4583 in previous session. Palm oil rose the most in a week as a weaker ringgit made the tropical oil more appealing for some overseas buyers, while industry figures pointed to robust Malaysian exports so far this month.

 

CBOT soyoil active trading contract losses 0.19 points to closed at 67.83 on current session. Dalian active traded palm olein contract earns 84 points to close at 9648 on previous night session.

 

The active FCPO contract closed with a bullish engulfing candle, indicating upward momentum remain, next level might target at 4685-4700 level. On the 5-minute chart, double bottom is proved as yesterday conditional mention, following by a higher low switch from 4475 to 4560 level, price might trigger higher if break 4640-4645 level.

 

Intraday immediate resistance is seen at 4610-4650 area. A breakout above this zone could pave the way toward 4685, with an extended target at 4740. On the other hand, failure to maintain above 4565-4530 may trigger a pullback toward 4490. Traders should remain vigilant for shifts in market sentiment. Immediate support and resistance level are identified at 4565 and 4610, respectively. 
 

(News Source: Bloomberg)

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