FCPO
FCPO 3rd Month Futures (PM) - 30 May 2024
Thu, 30-May-2024 01:01 pm
by Futures Dealing • Apex Futures

FCPO
Pivot
4010
Resistance
4018 / 4025 / 4035 / 4045
Support
4000 / 3990 / 3983 / 3975
Possible Range
3950 to 4050
Strategy
Long positions may be opened above 4010 with targets at 4025/4045 stop-loss at 3980
Short positions may be opened below 4010 with targets at 3990/3975 stop-loss at 4040

FCPO Aug month fell 28 points or 0.69% to 4006 closed lower at midday. Malaysian palm oil futures fell on Thursday, as weaker crude prices and lacklustre performances by rival oils in Dalian and Chicago contracts weighed on sentiment.

(News Source: Reuters)

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Market Mover
Settlement Rates
Currency Buy Rates (RM) Sell Rates (RM)
USD 4.186095 4.224386
EUR 4.685732 4.700656
CNY 0.595462 0.596801
HKD 0.537358 0.541779
SGD 3.239345 3.269267