FCPO
FCPO 3rd Month Futures - 10 Apr 2026
Fri, 10-Apr-2026 09:02 am
by Dealing Team • Apex Futures

FCPO
Pivot
4661
Resistance
4685 / 4720 / 4740 / 4780
Support
4650 / 4610 / 4565 / 4530
Possible Range
4565 to 4740
Strategy
Long positions may be opened above 4685 with targets at 4720/4740 stop-loss at 4670
Short positions may be opened below 4650 with targets at 4610/4565 stop-loss at 4665

FCPO June month increase 33 points or 0.71% to closed at 4676 in previous night session. Palm oil edged higher as the Malaysian currency weakened, enticing buyers to step in after the market’s biggest drop in a year in the previous session.

 

CBOT soyoil active trading contract gains 0.09 points to closed at 67.79 on current session. Dalian active traded palm olein contract surged 140 points to close at 9750 on previous night session.

 

The active FCPO contract rebound above the previous support level identifies at 4595-4590 level, the support level needs to maintain if market tend to continue it bullish sentiment. On the 5-minute chart, a lower low was formed, switch from 4715 to 4550 level, leaving a unfilled gap identifies at 4650-4755 level, price might test back the level to decide further direction.

 

Intraday immediate resistance is seen at 4685-4720 area. A breakout above this zone could pave the way toward 4740, with an extended target at 4780. On the other hand, failure to maintain above 4650-4610 may trigger a pullback toward 4565. Traders should remain vigilant for shifts in market sentiment. Immediate support and resistance level are identified at 4650 and 4685, respectively. 
 

(News Source: Bloomberg)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 3.968333 3.995351
EUR 4.643853 4.652257
CNY 0.581887 0.582377
HKD 0.506224 0.510203
SGD 3.109463 3.134002