FKLI
FKLI Spot Month Futures - 6 December 2023
Mon, 11-Dec-2023 09:27 am
by Dealing Team • Apex Futures

FKLI
Pivot
1450
Resistance
1454 / 1458 / 1466
Support
1446 / 1442 / 1434
Possible Range
1442 to 1454
Strategy
Long positions may be opened above 1450 with targets at 1454/1458 and stop-loss at 1445
Short positions may be opened below 1448 with targets at 1446/1442 and stop-loss at 1453

Following the bearish performance of the US market, the FKLI could trade lower. A break below 1446 (yesterday's low) would target 1442/1434. On the flip side, the next resistance is located at 1454 (Yesterday’s high), followed by 1458 (R2), and finally 1466 (R3).

(News Source: The Edge; Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.226942 4.260444
EUR 4.723982 4.728876
CNY 0.598324 0.598990
HKD 0.542537 0.546362
SGD 3.269503 3.292710