FKLI
FKLI Spot Month Futures - 20 May 2026
Wed, 20-May-2026 11:03 am
by Dealing Team • Apex Futures

FKLI
Pivot
1733
Resistance
1729 / 1737 / 1741 / 1747
Support
1700 / 1709 / 1740 / 1720
Possible Range
1718 to 1737
Strategy
Long positions may be opened above 1732 with targets at 1737/1741 and stop-loss at 1727
Short positions may be opened below 1722 with targets at 1714/1709 and stop-loss at 1728

FKLI May month rose 1.5 points or 0.09% to closed at 1731.5 in previous 
session. Asia markets trade mixed as oil eases after Trump delays planned 
Iran strike.

The Dow Jones index futures down -322.24 points to close at 49363.88 on 
current session. S&P 500 posts third straight losing session as rising yields 
drag down stocks.

The active FKLI contract is now at 1725, 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 1770. Intraday resistance is seen around 1730-2747 
area, while support has been identified in the 1720-1700 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 1729 and 1720, respectively.

(News Source: CNBC)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 3.953306 3.984027
EUR 4.594538 4.602818
CNY 0.582675 0.583138
HKD 0.504615 0.508560
SGD 3.085501 3.109763