FCPO
FCPO 3rd Month Futures - 11 August 2026
Tue, 11-Aug-2026 10:29 am
by Dealing Team • Apex Futures

FCPO
Pivot
4712
Resistance
4740 / 4755 / 4780 / 4800
Support
4720 / 4700 / 4685 / 4660
Possible Range
4680 to 4750
Strategy
Long positions may be opened above 4720 with targets at 4750/4770 stop-loss at 4690
Short positions may be opened below 4700 with targets at 4670/4690 stop-loss at 4730

FCPO October futures down by 19 points, or 0.40% to settle at 4685 in the previous session. Crude oil stockpiles in the U.S. Strategic Petroleum Reserve have fallen below 300 million barrels, the lowest level in more than four decades, as global inventories stay under pressure due to the Iran war.

CBOT soyoil's actively traded contract down by 0.07 points to 69.12 in the current session. Dalian active traded palm olein contract gains 39 points or at 9437 on current session.

The active FCPO contract traded in a supportive tone during today’s session, holding above the 4720 support level. On the 5-minute chart, prices remained relatively sideways but continued to show buying interest. A sustained move above the 4730 level could trigger a breakout and reinforce further bullish momentum, while failure to break above this level may keep prices consolidating within the current range.

Intraday resistance is currently seen around the 4730–4760 range. Traders should remain alert to any changes in market sentiment. Immediate support and resistance levels are identified at 4720 and 4740, 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 4.725386 4.730255
CNY 0.606273 0.606894
HKD 0.519625 0.523280
SGD 3.186961 3.209540