FCPO
FCPO 3rd Month Futures (PM) - 2 May 2024
Thu, 02-May-2024 01:49 pm
by Futures Dealing • Apex Futures

FCPO
Pivot
3822
Resistance
3840 / 3851 / 3880 / 3895
Support
3811 / 3793 / 3778 / 3764
Possible Range
3700 to 3900
Strategy
Long positions may be opened above 3820 with targets at 3840/3880 stop-loss at 3790
Short positions may be opened below 3820 with targets at 3793/3764 stop-loss at 3850

FCPO Jul month rose 10 points or 0.26% to 3828 closed higher at midday. Despite opening lower for the second straight day on Thursday after the Labour Day holiday, Malaysian palm oil futures reversed by midday and closed 10 points higher.

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.664391 4.705535
EUR 5.084708 5.099102
CNY 0.648042 0.649364
HKD 0.597519 0.602804
SGD 3.468436 3.499206