FCPO
FCPO 3rd Month Futures (PM) - 25 March 2024
Mon, 25-Mar-2024 01:42 pm
by Dealing Team • Apex Futures

FCPO
Pivot
4209
Resistance
4231 / 4252 / 4275 / 4308
Support
4186 / 4165 / 4143 / 4110
Possible Range
4100 to 4280
Strategy
Long positions may be opened above 4220 with targets at 4252/4275 stop-loss at 4190
Short positions may be opened below 4220 with targets at 4186/4165 stop-loss at 4250

FCPO Jun month rose 42 points or 1.00% to 4230 closed higher at midday. Malaysian palm oil futures bounced back in Monday's first session following two days of declines, influenced by trends in competing edible oils. Traders are now looking forward to export data for additional insights into market trends and directions.

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.186344 4.224837
EUR 4.692802 4.707788
CNY 0.594564 0.595974
HKD 0.537155 0.542118
SGD 3.243708 3.273864