FCPO
FCPO 3rd Month Futures - 26 June 2026
Fri, 26-Jun-2026 10:21 am
by Dealing Team • Apex Futures

FCPO
Pivot
46364538
Resistance
4650 / 4680 / 4715 / 4740
Support
4538 / 4550 / 4570 / 4600
Possible Range
4600 to 4720
Strategy
Long positions may be opened above 4620 with targets at 4680/4715 stop-loss at 4610
Short positions may be opened below 4585 with targets at 4550/4570 stop-loss at 4655

FCPO July futures declined by 74 points, or 1.06%, to settle at 4,558 in the previous session. However, crude oil prices rebounded by around 2% on Friday morning after a cargo vessel was reportedly attacked near Oman, renewing concerns over supply disruptions in the Middle East. According to reports, Iran was believed to be behind the attack in the Strait of Hormuz, raising geopolitical tensions and providing support to crude oil prices.

CBOT soyoil active trading contract down 0.06 points at 67.09 on current session. Dalian active traded palm olein gain drastically 130 points or at 9276 on current session.

The active FCPO contract has started to recover during this week's session, supported by improving market sentiment. Price action has shown renewed buying interest, with intraday trading gradually moving higher. The contract is holding above its key support zone, suggesting that buyers are regaining control based on updated news. Overall, the near-term outlook has turned positively bullish, with the potential for further upside if buying momentum continues to strengthen.

Intraday resistance is currently seen around the 4,640–4,660 range. The market is expected to trade sideways with a slightly bullish bias, supported by a higher opening and firm buying interest above the key 4,600 support level. Traders should remain alert to any changes in market sentiment. Immediate support and resistance levels are identified at 4,600 and 4,655, respectively.

(News Source: CNBC)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.104806 4.133664
EUR 4.677231 4.682021
CNY 0.605124 0.605753
HKD 0.523500 0.527176
SGD 3.165238 3.187561