FCPO
FCPO 3rd Month Futures - 26 May 2026
Tue, 26-May-2026 10:15 am
by Dealing Team • Apex Futures

FCPO
Pivot
4464
Resistance
4490 / 4520 / 4550 / 4570
Support
4480 / 4450 / 4420 / 4400
Possible Range
4450 to 4550
Strategy
Long positions may be opened above 4500 with targets at 4520/4550 stop-loss at 4479
Short positions may be opened below 4480 with targets at 4450/4420 stop-loss at 4505

FCPO July month up 9 points or 0.2% to closed at 4473 in previous session. Malaysian palm oil remained flat as traders are cautious on the upcoming deal with Iran.

 

CBOT soyoil active trading contract down 0.54 points at 73.44 on current session, opened today after Memorial Day. Dalian active traded palm olein contract up 80 points or 0.86% at 9520 on current session.

 

The active FCPO contract has temporary halted its selling pressure, after 2 days of forming doji candle around the support level 4400 – 4450 in the daily chart. This signal may show a potential reversal to the upside soon after a series of consolidation around 4400 – 4500. Temporary the upside is limited, targeting 4600 as a strong resistant. Today may expect to have some short covering, before coming in for tomorrow holiday in Malaysia – Hari Raya Haji. Immediate support and resistant levels are identified at 4450 and 4500 respectively. Beware of any potential sentiment changes. 
 

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 3.950192 3.981038
EUR 4.614086 4.622429
CNY 0.585467 0.586538
HKD 0.504022 0.507964
SGD 3.092670 3.114543