FCPO
FCPO 3rd Month Futures - 3 July 2026
Fri, 03-Jul-2026 10:54 am
by Dealing Team • Apex Futures

FCPO
Pivot
4533
Resistance
4520 / 4540 / 4565 / 4580
Support
4450 / 4485 / 4460 / 4450
Possible Range
4480 to 4560
Strategy
Long positions may be opened above 4500 with targets at 4540/4565 stop-loss at 4470
Short positions may be opened below 4540 with targets at 4485/4460 stop-loss at 4570

FCPO July futures down by 50 points, or 1.10% to settle at 4,507 in the previous session. Oil prices rose slightly on Friday before a long holiday weekend in the U.S. as wary optimism held over efforts to make peace in the Middle East ‌between the United States and Iran.

CBOT soyoil active trading contract down 0.07 points at 65.56 on current session. Dalian active traded palm olein losses down 42 points at 9194 on current session.

The active FCPO contract traded sideways with a bearish bias during this week’s session after holding above the immediate support zone around the 4,500 level. On the 5-minute chart, the contract continued to down, indicating that selling pressure remains in place despite finding support.

Intraday immediate resistance is seen at 4520-4540 area. A breakout above this zone could pave the way toward 4550. On the other hand, failure to maintain above 4500 may trigger a pullback toward 4480. Traders should remain vigilant for shifts in market sentiment. Immediate support and resistance level are identified at 4500 and 4520, respectively. 

(News Source: Reuters, CNBC)

Read more details in:

Disclaimer

The report is for internal and private circulation only and shall not be reproduced either in part or otherwise without the prior written consent of Apex Securities Berhad. The opinions and information contained herein are based on available data believed to be reliable. It is not to be construed as an offer, invitation or solicitation to buy or sell the securities covered by this report.

Opinions, estimates and projections in this report constitute the current judgment of the author. They do not necessarily reflect the opinion of Apex Securities Berhad and are subject to change without notice. Apex Securities Berhad has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

Apex Securities Berhad does not warrant the accuracy of anything stated herein in any manner whatsoever and no reliance upon such statement by anyone shall give rise to any claim whatsoever against Apex Securities Berhad. Apex Securities Berhad may from time to time have an interest in the company mentioned by this report. This report may not be reproduced, copied or circulated without the prior written approval of Apex Securities Berhad.

Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.063983 4.096553
EUR 4.652521 4.657326
CNY 0.600309 0.600935
HKD 0.518319 0.521966
SGD 3.141818 3.164007