FCPO
FCPO 3rd Month Futures (PM) - 8 May 2024
Wed, 08-May-2024 01:36 pm
by Futures Dealing • Apex Futures

FCPO
Pivot
3925
Resistance
3946 / 3976 / 4002 / 4027
Support
3910 / 3895 / 3885 / 3874
Possible Range
3800 to 4000
Strategy
Long positions may be opened above 3930 with targets at 3946/3976 stop-loss at 3900
Short positions may be opened below 3930 with targets at 3910/3895 stop-loss at 3960

FCPO Jul month fell 15 points or 0.38% to 3915 closed lower at midday. Malaysian palm oil futures rose for a third straight session on Wednesday, tracking gains in rival oils on the Dalian exchange, while a weaker ringgit also lent support to prices.

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.186146 4.219371
EUR 4.664934 4.669654
CNY 0.594782 0.595398
HKD 0.537928 0.541710
SGD 3.240672 3.263549