FCPO
FCPO 3rd Month Futures - 21 July 2026
Tue, 21-Jul-2026 10:32 am
by Dealing Team • Apex Futures

FCPO
Pivot
4643
Resistance
4637 / 4646 / 4658 / 4670
Support
4560 / 4580 / 4595 / 4605
Possible Range
4580 to 4660
Strategy
Long positions may be opened above 4620 with targets at 4646/4658 stop-loss at 4560
Short positions may be opened below 4610 with targets at 4580/4595 stop-loss at 4680

FCPO October futures inclined by 48 points, or 1.04%, to settle at 4558 in the previous session. Oil prices rose after President Donald Trump said Iran would pay for the deaths of three U.S. service members, and Houthi militants in Yemen declared a maritime embargo on Saudi Arabia.

CBOT soyoil active trading contract down 0.35 points at 72.09 on current session. Dalian active traded palm olein losses 64 points or at 9269 on current session.

The active FCPO contract showed signs of recovery during this week's session. Despite mixed buying and selling pressure, the contract traded within a supportive sideways trend, reflecting balanced market sentiment. Intraday price action gradually moved higher, suggesting that buying interest has started to improve. The broader market outlook remains supportive, with the potential for further upside if buying momentum continues to strengthen.

Intraday resistance is currently seen around the 4640–4660 range. The market is expected to trade sideways with a slightly bullish bias, supported by a global sentiment and firm buying interest above the key 4600 support level. Traders should remain alert to any changes in market sentiment. Immediate support and resistance levels are identified at 4605 and 4637, respectively.
 

(News Source: CNBC)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.066848 4.098389
EUR 4.573345 4.576847
CNY 0.610768 0.611237
HKD 0.518416 0.521927
SGD 3.179278 3.200904