FKLI
FKLI Spot Month Futures - 24 July 2026
Fri, 24-Jul-2026 10:28 am
by Dealing Team • Apex Futures

FKLI
Pivot
1718
Resistance
1715 / 1720 / 1725 / 1730
Support
1695 / 1700 / 1705 / 1710
Possible Range
1700 to 1725
Strategy
Long positions may be opened above 1715 with targets at 1720/1725 and stop-loss at 1705
Short positions may be opened below 1710 with targets at 1700/1705 and stop-loss at 1730

FKLI July month up 3.5 points or 0.20% to closed at 1721 in previous session. Asian shares fell on Friday as oil prices stormed back above $100 a barrel amid an intensifying conflict in the Gulf, rattling bond markets and reviving fears of a fresh inflation shock.

S&P 500 futures were marginally higher. Nasdaq-100 futures advanced 0.3%. Dow Jones Industrial Average futures traded 20 points lower.

The active FKLI contract opened under strong selling pressure, with prices declining toward the end of the week. Based on the daily chart, the market is expected to remain in a sideways-to-bearish trend if selling momentum persists. However, a breakout above the 1,720 level could signal renewed buying interest, allowing buyers to regain control and potentially shift the market back into a bullish trend.

The immediate resistance zone is located between 1,715 and 1,718, while initial support is found below on the 50-day SMA line at 1,708. A potential consolidation around 1715 -1720 could be expected in near term before a new direction forms. The nearest support and resistance levels are currently estimated at 1,710 and 1,715, respectively. 

(News Source: CNBC)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.072947 4.105580
EUR 4.664124 4.668929
CNY 0.603602 0.604223
HKD 0.519650 0.523306
SGD 3.156839 3.179208