FKLI
FKLI Spot Month Futures - 18 May 2026
Mon, 18-May-2026 10:26 am
by Dealing Team • Apex Futures

FKLI
Pivot
1747
Resistance
1743 / 1749 / 1753 / 1758
Support
1720 / 1725 / 1732 / 1737
Possible Range
1745 to 1760
Strategy
Long positions may be opened above 1745 with targets at 1749/1753 and stop-loss at 1747
Short positions may be opened below 1742 with targets at 1732/1725 and stop-loss at 1745

FKLI May month down 10 points or 0.57% to closed at 1742.5 in previous 
session. The index was trading flat amid uncertainty in regional market.

The Dow Jones index futures down 200 points to close at 49531 on current 
session. Asia-Pacific markets fell Monday as investors weighed renewed 
geopolitical tensions after U.S. President Donald Trump warned Iran to “get 
moving, FAST,” raising fears of further escalation in the Middle East and 
potential disruptions to the market.

The active FKLI contract is now at 1742, breaking the previous resistance 
level and currently at the support area. Heading to a new support that has 
been mentioned. Selling pressure since last trading session with strong 
bearish candle giving us opportunity to short. The higher price already being 
rejected yesterday at 1755. Intraday resistance is seen around 1740-1760 
area, while support has been identified in the 1720-1740 area.

Overall, traders are advised to remain cautious and wait for a clear direction 
before entering new positions. The immediate key support and resistance 
levels are identified at 1737 and1758, respectively.  

(News Source: CNBC)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 3.941293 3.969002
EUR 4.596428 4.601179
CNY 0.580348 0.580971
HKD 0.503377 0.506936
SGD 3.079022 3.100895