FCPO
FCPO 3rd Month Futures - 29 June 2026
Mon, 29-Jun-2026 10:22 am
by Dealing Team • Apex Futures

FCPO
Pivot
4576.5
Resistance
4580 / 4625 / 4655 / 4680
Support
4500 / 4520 / 4535 / 4550
Possible Range
4550 to 4700
Strategy
Long positions may be opened above 4575 with targets at 4625/4655 stop-loss at 4555
Short positions may be opened below 4560 with targets at 4520/4535 stop-loss at 4625

FCPO July futures up by 8 points, or 0.18% to settle at 4,566 in the previous session. Oil edged higher on Monday after renewed military strikes between the U.S. and Iran reignited concerns over crude supplies from the Middle East.

CBOT soyoil's actively traded contract increase by 0.28 points to 67.32 in the current session. Dalian active traded palm olein contract gains 90 points or at 9350 on current session.

The active FCPO contract traded sideways during last week's session, reflecting mixed market sentiment. Price action showed signs of renewed buying interest, with intraday trading moving gradually higher, supported by improving sentiment in the oil market. The contract continued to hold above its key support level, suggesting that buyers are slowly regaining control. Overall, today's trading session remains cautiously bullish, with the potential for further gains if buying momentum continues to strengthen.

Intraday resistance is currently seen around the 4,620–4,660 range. The market is expected to trade with a slightly bullish bias, supported by a higher opening and firm buying interest above the key 4,600 resistance level. Traders should remain alert to any changes in market sentiment. Immediate support and resistance levels are identified at 4,550 and 4,585, respectively. 
 

(News Source: Reuters, CNBC)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.070801 4.103424
EUR 4.659480 4.664320
CNY 0.600600 0.601225
HKD 0.519305 0.522959
SGD 3.148058 3.170285