FCPO
FCPO 3rd Month Futures - 28 Apr 2026
Tue, 28-Apr-2026 10:18 am
by Dealing Team • Apex Futures

FCPO
Pivot
4476
Resistance
4606 / 4615 / 4627 / 4634
Support
4537 / 4521 / 4510 / 4492
Possible Range
4496 to 4572
Strategy
Long positions may be opened above 4551 with targets at 4563/4576 stop-loss at 4536
Short positions may be opened below 4540 with targets at 4532/4525 stop-loss at 4552

FCPO July month rose 11 points or 0.24% to closed at 4545 in previous session. Oil edges higher as traders weigh Iran’s Hormuz offer and Trump’s next move. Malaysian palm oil futures hovered below MYR 4,600 per tonne after recent gains, weighed by a stronger ringgit and weakness in Dalian soyoil. 

CBOT soyoil active trading contract gains 0.09 points to closed at 71.81 on current session. Dalian active traded palm olein contract rose 23 points to close at 9808 on previous night session. 

The active FCPO contract is around a resistance area of 4547, and this might become a support level. This will continue to be bullish and may reach the next resistance level that has been mentioned. In the 5 minute chart, we can see that there is a double bottom but not that perfect and also there is a strong momentum of buying during end of the last night session. 

The current price is at strong support from the 5-minute chart and giving a signal to short when the price goes below 4535, breaking the support level. The pattern in this timeframe also looks like will continue bearish from the last night session. The intermediate trendline right now is turning to bearish from the consolidate. The EMA line also giving view of bearish. 

(News Source: CNBC, TradingView)

(News Source: CNBC, TradingView)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 3.936314 3.966986
EUR 4.638033 4.641717
CNY 0.579004 0.579460
HKD 0.502535 0.505960
SGD 3.092229 3.113332