FCPO
FCPO 3rd Month Futures - 7 August 2026
Fri, 07-Aug-2026 10:26 am
by Dealing Team • Apex Futures

FCPO
Pivot
4692
Resistance
4690 / 4710 / 4725 / 4740
Support
4670 / 4650 / 4635 / 4620
Possible Range
4680 to 4720
Strategy
Long positions may be opened above 4680 with targets at 4710/4725 stop-loss at 4650
Short positions may be opened below 4660 with targets at 4635/4650 stop-loss at 4680

FCPO October futures down by 19 points, or 0.40% to settle at 4685 in the previous session. Oil rises amid supply disruption fears following Iran’s restrictive draft plan for the Strait of Hormuz.

CBOT soyoil's actively traded contract down by 0.03 points to 67.28 in the current session. Dalian active traded palm olein contract losses 10 points or at 9378 on current session.

The active FCPO contract traded in a supportive to bullish tone during today's session, holding above the 4670 support level. On the 5-minute chart, prices remained sideways. The contract continues to trade below the 200-period SMA, which acts as the immediate resistance. As today is Friday, trading activity may remain consolidate ahead of the weekend. A break above the 4700 could reinforce bullish momentum, while failure to do so may keep prices consolidating between 4670 and 4690.

Intraday resistance is currently seen around the 4700–4720 range. Traders should remain alert to any changes in market sentiment. Immediate support and resistance levels are identified at 4670 and 4690, respectively. 

(News Source: Reuters, CNBC)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.074794 4.107436
EUR 4.711669 4.721143
CNY 0.606083 0.606701
HKD 0.519401 0.523573
SGD 3.180302 3.205874