FCPO Updates

Daily Futures Commentaries: [FCPO Malaysia Palm Oil] 30/8/2018 - Weighed down by bearish CPO outlook

InvestorsDoctor
Publish date: Thu, 30 Aug 2018, 09:46 AM
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/



30/8/2018

 
FCPO Nov 18
 
Previous Close: 2217 -15
 
FCPO slipped on yesterday as weighed down by bearish price and production outlooks by industry analyst in a palm oil conference.
 
Hourly chart showed FCPO in range, wait for more breakout signal.
 
 Classic Support & Resistance 
Resistance: 2238 2265
Support: 2197 2176
 
 Recommend Trading Plan for the day: 
1. Trade in range 2200-2240.
 
 FCPO Margin Requirement 
Overnight MYR 4500
Spread MYR 1200
 
Disclaimer: Idea sharing only, trade at your own risk.
 
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