FCPO
FCPO 3rd Month Futures - 28 August 2026
Fri, 28-Aug-2026 09:38 am
by Dealing Team • Apex Futures

FCPO
Pivot
4843
Resistance
4860 / 4880 / 4900 / 4920
Support
4820 / 4800 / 4780 / 4760
Possible Range
4840 to 4900
Strategy
Long positions may be opened above 4850 with targets at 4880/4900 stop-loss at 4820
Short positions may be opened below 4820 with targets at 4780/4800 stop-loss at 4850

FCPO November month down 39 points or 0.80% to closed at 4814 in previous session.  Brent crude prices settled up by 2.1% on Thursday, snapping a three-session losing streak, after a Wall Street Journal report said US President Donald Trump is not interested in returning to terms of a memorandum of understanding reached with Iran in June.

CBOT soyoil active trading contract up 1.85 points at 70.22 on current session. Dalian active traded palm olein contract up 75 points or at 10132 on current session.

The active FCPO contract turned bullish during today’s session, supported by improving global market sentiment and renewed buying interest. Prices strengthened throughout the intraday session, trading within the 4860–4880 range, reflecting increased upward momentum. The contract continued to hold firmly above the 4,850 level, reinforcing the bullish outlook. Overall, the market remains positive, with further upside potential as buying momentum continues to build in the near term.

Intraday immediate resistance is seen at 4860-4880 area. A breakout above this zone could pave the way toward 4900 area. On the other hand, failure to maintain above 4820 may trigger a pullback toward 4800. Traders should remain vigilant for shifts in market sentiment. Immediate support and resistance level are identified at 4820 and 4860, respectively. 

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.018207 4.049442
EUR 4.693354 4.696955
CNY 0.599831 0.600296
HKD 0.512802 0.516282
SGD 3.159941 3.181439