FCPO
FCPO 3rd Month Futures - 6 August 2026
Thu, 06-Aug-2026 10:24 am
by Dealing Team • Apex Futures

FCPO
Pivot
4685
Resistance
4700 / 4720 / 4735 / 4750
Support
4680 / 4665 / 4650 / 4635
Possible Range
4680 to 4720
Strategy
Long positions may be opened above 4700 with targets at 4720/4735 stop-loss at 4650
Short positions may be opened below 4670 with targets at 4650/4665 stop-loss at 4700

FCPO October futures up by 9 points, or 0.19% to settle at 4,643 in the previous session. Oil prices slipped on Thursday as investors assessed whether progress in Iran-Oman talks could pave the way for a U.S.-Iran peace deal to end the five-month war and reopen the Strait of Hormuz.

CBOT soyoil's actively traded contract dropped by 0.22 points to 67.22 in the current session. Dalian active traded palm olein contract up drastically 33 points at 9358 on current session.

The active FCPO contract started sideways during yesterday’s session, reflecting improving market sentiment. Price action remained supportive during intraday trading, with buying interest emerging around the 4700 level. The market consolidated and created a new range yesterday. Overall, the near-term outlook remains positive, with further upside potential if buying momentum continues to strengthen.

The contract may continue testing the immediate resistance level at 4670, as the daily chart indicates sustained supportive momentum market sentiment. Immediate support and resistance levels are seen at 4680 and 4700, respectively. Traders should monitor buying momentum closely, as continued positive sentiment could reinforce the current supportive trend.

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.065852 4.097386
EUR 4.589381 4.597416
CNY 0.610175 0.610647
HKD 0.518032 0.522054
SGD 3.177971 3.202709