FCPO
FCPO 3rd Month Futures - 31 July 2026
Fri, 31-Jul-2026 11:14 am
by Dealing Team • Apex Futures

FCPO
Pivot
4670
Resistance
4675 / 4685 / 4690 / 4700
Support
4660 / 4650 / 4640 / 4620
Possible Range
4600 to 4690
Strategy
Long positions may be opened above 4670 with targets at 4678/4684 stop-loss at 4650
Short positions may be opened below 4650 with targets at 4640/4620 stop-loss at 4670

FCPO Oct  month up 16 points or 0.34% to closed at 4679 in previous session. Oil prices fall after Saudi Arabia proposes naval coalition to protect ships from attack.

CBOT soyoil active trading contract down 0.92 points close at 66.38 on current session. Dalian active traded palm olein contract down 9337 points or -0.60% at 9393 on previous night session.

The active FCPO contract bias remained weak given the strong bearish news on Iran war. However, in the daily chart, a doji is formed, proposing a halt in selling momentum at support level around 4640 level. With the current trend now, prices seemed to be consolidating in between 4675 - 4643. Immediate support and resistant levels are identified at 4640 and 4680 respectively. Beware of any potential sentiment changes.

(News Source: The Star, Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.075074 4.107717
EUR 4.687639 4.692403
CNY 0.605303 0.605923
HKD 0.519707 0.523362
SGD 3.161063 3.183454