FKLI
FKLI Spot Month Futures - 7 December 2023
Mon, 11-Dec-2023 09:36 am
by Dealing Team • Apex Futures

FKLI
Pivot
1448
Resistance
1452 / 1459 / 1469
Support
1442 / 1438 / 1427
Possible Range
1442 to 1452
Strategy
Long positions may be opened above 1450 with targets at 1452/1459 and stop-loss at 1445
Short positions may be opened below 1448 with targets at 1442/1438 and stop-loss at 1453

Following the bearish performance of the US market, the FKLI could trade lower. A break below 1444 (yesterday's low) would target 1442/1438. On the flip side, the next resistance is located at 1448 (Pivot), followed by 1452 (R1), and finally 1454.5 (Yesterday’s high).

(News Source: The Edge; Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.449296 4.484012
EUR 4.692599 4.701308
CNY 0.615732 0.616932
HKD 0.571606 0.576092
SGD 3.310067 3.336427