FCPO
FCPO 3rd Month Futures (PM) - 24 April 2024
Wed, 24-Apr-2024 01:48 pm
by Futures Dealing • Apex Futures

FCPO
Pivot
3982
Resistance
4020 / 4046 / 4072 / 4123
Support
3946 / 3920 / 3896 / 3872
Possible Range
3900 to 4100
Strategy
Long positions may be opened above 3980 with targets at 4020/4046 stop-loss at 3950
Short positions may be opened below 3980 with targets at 3946/3920 stop-loss at 4010

FCPO Jul month rose 5 points or 0.13% to 3976 slightly higher at midday. Malaysian palm oil futures rose for a third consecutive session on Wednesday amid hotter weather in the key producing nation and higher soyoil prices, although a stronger ringgit capped gains.

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.143353 4.175289
EUR 4.627335 4.635403
CNY 0.591281 0.591775
HKD 0.532272 0.535891
SGD 3.214986 3.240064