FCPO
FCPO 3rd Month Futures - 18 August 2026
Tue, 18-Aug-2026 10:39 am
by Dealing Team • Apex Futures

FCPO
Pivot
4817
Resistance
4820 / 4850 / 4870 / 4900
Support
4800 / 4780 / 4760 / 4740
Possible Range
4780 to 4860
Strategy
Long positions may be opened above 4820 with targets at 4850/4870 stop-loss at 4780
Short positions may be opened below 4800 with targets at 4770/4790 stop-loss at 4820

FCPO November futures inclined by 19 points, or 0.39%, to settle at 4800 in the previous session. Oil prices crept higher and bond yields rose, blunting paltry gains for stocks at the start of Asian trading on Tuesday as a U.S.-Iran truce expired and Tehran said it would shift to a fully offensive military posture.

CBOT soyoil active trading contract up 0.35 points at 71.03 on current session. Dalian active traded palm olein gains 113 points or at 9921 on current session.

The active FCPO contract continued to show strong bullish momentum during this week’s session. After successfully closing the previous price gap, the contract moved higher and is now trading around the 4820 level and above, reflecting sustained buying interest. The overall market outlook remains bullish, with further upside potential if the contract maintains its position above the 4850 level.

Intraday support is currently observed around 4810, while immediate resistance is seen near 4830. A sustained move above 4830 could reinforce the bullish momentum and open the way for further upside. Traders should remain alert to changes in market sentiment and price action. Immediate support and resistance levels are identified at 4800 and 4820, 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 4.065852 4.097386
EUR 4.589381 4.597416
CNY 0.610175 0.610647
HKD 0.518032 0.522054
SGD 3.177971 3.202709