FCPO
FCPO 3rd Month Futures - 3 June 2026
Wed, 03-Jun-2026 10:33 am
by Dealing Team • Apex Futures

FCPO
Pivot
4542.5
Resistance
4550 / 4570 / 4585 / 4600
Support
4448 / 4470 / 4490 / 4520
Possible Range
4515 to 4580
Strategy
Long positions may be opened above 4520 with targets at 4570/4585 stop-loss at 4490
Short positions may be opened below 4505 with targets at 4470/4490 stop-loss at 4575

FCPO July remained constant points at 4535 in FCPO July remained 
constant points at 4535 in previous session. Oil prices rose Wednesday 
as investors weighed uncertainty over U.S.-Iran talks with the two 
countries launching fresh strikes Tuesday, even as President Donald 
Trump said negotiations with Tehran were ongoing.

CBOT soyoil active trading contract up 0.62 points at 79 on current 
session. Dalian active traded palm olein contract up 18 points or 0.05% 
at 9740 on current session.

The active FCPO contract rebounded after holding above the immediate 
daily support zone at 4495–4520, with prices potentially extending gains 
towards the 4550–4570 resistance region. On the 5-minute chart, prices 
continue to trade within a sideways pattern, indicating that consolidate 
momentum remains intact. The next immediate resistance is identified at 
the 4585–4600 level.

Intraday immediate resistance is seen at 4545-4570 area. A breakout 
above this zone could pave the way toward 4575, with an extended target 
at 4600. On the other hand, failure to maintain above 4470-4455 may 
trigger a pullback toward 4445. Traders should remain vigilant for shifts 
in market sentiment. Immediate support and resistance level are 
identified at 4495 and 4575, respectively.  

(News Source: CNBC, The Star)

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