FKLI
FKLI Spot Month Futures - 14 July 2026
Tue, 14-Jul-2026 10:05 am
by Dealing Team • Apex Futures

FKLI
Pivot
1699
Resistance
1715 / 1720 / 1725 / 1730
Support
1685 / 1690 / 1695 / 1700
Possible Range
1690 to 1720
Strategy
Long positions may be opened above 1712 with targets at 1720/1725 and stop-loss at 1708
Short positions may be opened below 1698 with targets at 1690/1695 and stop-loss at 1715

FKLI July month up 6 points or 0.35% to closed at 1705.5 in previous session. Asia-Pacific markets opened lower Tuesday after U.S. President Donald Trump proposed to charge a fee from ships passing through the Strait of Hormuz and reinstated a blockade of Iranian ports.

Dow Jones Industrial Average futures fell 40 points, or 0.1%. S&P 500 futures hovered just below the flatline along with Nasdaq-100 futures.

Based on the daily chart, the market continued to show bullish momentum as buying interest gradually increased. For this week, the contract is trading above the 50 and 200-day SMA, suggesting that the broader upward trend remains intact and strong. Overall market sentiment remained cautious as traders closely watched key support levels for signs of the next market direction.

The immediate resistance zone is located between 1,718 and 1,725, while initial support is found near the 50-day SMA at 1,695. Following yesterday’s bullish candlestick, buying momentum may continue and potentially push prices towards the 1,720 due to the global war sentiment. The nearest support and resistance levels are currently estimated at 1,700 and 1,715, respectively.

(News Source: The Star)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.053920 4.086373
EUR 4.650109 4.654931
CNY 0.600054 0.600676
HKD 0.517416 0.521059
SGD 3.139305 3.161412