FCPO
FCPO 3rd Month Futures - 13 August 2026
Thu, 13-Aug-2026 10:50 am
by Dealing Team • Apex Futures

FCPO
Pivot
4712
Resistance
4700 / 4715 / 4730 / 4750
Support
4690 / 4675 / 4660 / 4650
Possible Range
4660 to 4720
Strategy
Long positions may be opened above 4700 with targets at 4715/4730 stop-loss at 4650
Short positions may be opened below 4700 with targets at 4660/4675 stop-loss at 4730

FCPO September futures down by 50 points, or 1.05% to settle at 4,697 in the previous session. Oil prices rose slightly on Wednesday as attacks on ships in the Middle East continued and talks to end the Iran war hit an impasse. However, the gains were limited after forecasters cut global oil demand projections for 2026.

CBOT soyoil's actively traded contract drop by 0.05 points to 68.67 in the current session. Dalian active traded palm olein contract decreased 31 points or at 9665 on current session.

The active FCPO contract traded sideways during this week's session so far, reflecting mixed market sentiment. At for today, prices moving gradually lower during intraday trading, supported by the US-Iran news. The contract continued to hold below the 4700 level, indicating that sellers are gradually regaining control. Overall, today’s trading session remains cautiously sideways to bearish, with downside pressure likely to persist if selling momentum strengthens. However, a recovery above key resistance levels could support further upside potential.

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 4690 and 4700, respectively. 

(News Source: CNBC)

Read more details in:

Disclaimer

The report is for internal and private circulation only and shall not be reproduced either in part or otherwise without the prior written consent of Apex Securities Berhad. The opinions and information contained herein are based on available data believed to be reliable. It is not to be construed as an offer, invitation or solicitation to buy or sell the securities covered by this report.

Opinions, estimates and projections in this report constitute the current judgment of the author. They do not necessarily reflect the opinion of Apex Securities Berhad and are subject to change without notice. Apex Securities Berhad has no obligation to update, modify or amend this report or to otherwise notify a reader thereof in the event that any matter stated herein, or any opinion, projection, forecast or estimate set forth herein, changes or subsequently becomes inaccurate.

Apex Securities Berhad does not warrant the accuracy of anything stated herein in any manner whatsoever and no reliance upon such statement by anyone shall give rise to any claim whatsoever against Apex Securities Berhad. Apex Securities Berhad may from time to time have an interest in the company mentioned by this report. This report may not be reproduced, copied or circulated without the prior written approval of Apex Securities Berhad.

Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.071799 4.100415
EUR 4.711232 4.716020
CNY 0.605452 0.606072
HKD 0.518862 0.522519
SGD 3.181398 3.203847