FCPO Updates
Daily Futures Commentaries: [FCPO Malaysia Palm Oil] 25/6/2018 - Bullish MPOA production data supported CPO prices
InvestorsDoctor
Publish date: Mon, 25 Jun 2018, 09:47 AM
InvestorsDoctor
0 1,969
To get more timely information on local and foreign futures markets, join us on telegram and Facebook.
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
Join link: https://t.me/investorsdoctoracademy
Facebook: https://m.facebook.com/investorsdoctoracademy/
25/6/2018
FCPO Sep 18
Previous Close: 2284 +33
FCPO settled higher on last Friday after MPOA reported a bullish production data. Watch out for June 1-25 export & production data. US soyoil & Dalian palm olein up slightly, FCPO may test resistance 1st.
Daily chart showed a technical rebound from RSI oversold, while shorter time frame formed a double bottom rebound as previous low of around 2238 holds, may trigger further technical rebound, yet overall trend more to bearish.
Classic Support & Resistance
Resistance: 2306 22336
Support: 2238 2186
Recommend Trading Plan for the day:
1. Buy 2290 for technical rebound, stop 2281, profit 2299/2308.
FCPO Margin Requirement
Intraday MYR 2250
Overnight MYR 4500
Spread MYR 1200
Join our channels to find out more!
Telegram link:
https://t.me/investorsdoctoracademy
Facebook link: https://m.facebook.com/investorsdoctoracademy
More articles on FCPO Updates
Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment
Featured Posts
New Update. Discover investment communities that resonate with your ideas
Apps
Top Articles
1
https://dividendguy67.blogspot.com
3
4
Good Articles to Share
Could Kamala Harris beat Donald Trump in November's presidential race?
5
Good Articles to Share
Iranian warship capsizes during repairs in port of Bandar Abbas
6
Good Articles to Share
7
Good Articles to Share
Jonathan Turley unveils exciting new book 'Free Speech in the Age of Rage'
8
Good Articles to Share
Why Impossible Foods signed hot dog-eating legend Joey Chestnut #yahoofinance #youtubeshorts
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
MQ Trading Signals
Stock
Time
Signal
Duration
No trading signals available.
Stock
Time
Signal
Duration
No trading signals available.
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
