FCPO
FCPO 3rd Month Futures - 12 August 2026
Wed, 12-Aug-2026 10:40 am
by Dealing Team • Apex Futures

FCPO
Pivot
4741
Resistance
4735 / 4750 / 4770 / 4800
Support
4720 / 4700 / 4685 / 4665
Possible Range
4680 to 4780
Strategy
Long positions may be opened above 4720 with targets at 4750/4770 stop-loss at 4680
Short positions may be opened below 4700 with targets at 4670/4690 stop-loss at 4720

FCPO October futures inclined by 23 points, or 0.49%, to settle at 4747 in the previous session. Oil prices edged up to a one-week high on Tuesday as doubts about a potential US-Iran peace deal fuelled concerns that Middle East supply disruptions would persist.

CBOT soyoil active trading contract up 0.03 points at 68.21 on current session. Dalian active traded palm olein losses 50 points or at 9693 on current session.

The active FCPO contract showed signs of recovery during this week's session. Despite mixed buying and selling pressure, the contract traded within a supportive sideways trend, reflecting balanced market sentiment. Intraday price action gradually moved around 4700-4730 suggesting that sideways market. The broader market outlook remains supportive, with the potential for further upside if buying momentum continues to strengthen.

Intraday resistance is currently seen around the 4740–4760 range. The market is expected to trade sideways and supportive and firm buying interest above the key 4740 support level. Traders should remain alert to any changes in market sentiment. Immediate support and resistance levels are identified at 4720 and 4735, respectively.

(News Source: CNBC, Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.078795 4.106433
EUR 4.719654 4.723326
CNY 0.606355 0.606824
HKD 0.519557 0.523596
SGD 3.183816 3.205474