FKLI
FKLI Spot Month Futures - 15 July 2026
Wed, 15-Jul-2026 10:55 am
by Dealing Team • Apex Futures

FKLI
Pivot
1714
Resistance
1740 / 1745 / 1750 / 1755
Support
1705 / 1710 / 1715 / 1720
Possible Range
1700 to 1750
Strategy
Long positions may be opened above 1735 with targets at 1745/1750 and stop-loss at 1732
Short positions may be opened below 1728 with targets at 1710/1710 and stop-loss at 1722

FKLI May month up 20 points or 1.17% to closed at 1725.5 in previous session. Asian markets were higher on Wednesday after a surprise slowdown in U.S. inflation scaled back market expectations for interest rate hikes, while oil took a breather as the U.S. scrapped a plan to levy shipping through the Strait of Hormuz.

Futures tied to the Dow Jones Industrial Average were flat. S&P 500 futures and Nasdaq 100 futures also traded near the flatline.

The active FKLI contract shifted into bullish momentum after opening higher this week. Based on the daily chart, buying interest strengthened as the market continued to trend higher. The contract is now trading above both the 50-day and 200-day SMAs, indicating that both the short-term and long-term trends remain positive and supportive of further upside.

The immediate resistance level is seen around 1,745–1,750, while support is located near the 50-day SMA at 1,715. Market sentiment remains cautiously optimistic, with a break above the 1,745 resistance level likely to attract further buying interest, seller take profit and support additional upside movement. The nearest support and resistance levels are currently identified at 1720 and 1740 respectively.

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.057127 4.089542
EUR 4.667625 4.672382
CNY 0.601339 0.601952
HKD 0.517709 0.521346
SGD 3.148485 3.170672