FCPO Updates

Daily Futures Commentaries: [FCPO Malaysia Palm Oil] 27/6/2019 - Break down short term support, more to bearish

InvestorsDoctor
Publish date: Thu, 27 Jun 2019, 10:08 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/


27/6/2019
 
*FCPO Sep 19*
 
Previous Close: 1966 -15
 
FCPO ended the day with losses again, touch its lowest since Nov 2018 on weaker demand data. Related edible oils are slightly lower this morning, FCPO likely to continue its sideway to lower trend.
 
Hourly chart showed FCPO break down from short term support with lower lows, more to bearish.
 
*Classic Support & Resistance* 
Resistance:  2012 2059
Support:   1940 1860
 
 *Recommend Trading Plan for the day:* 
1. Sell 1952, stop 1960, profit 1944/1936
 
 *FCPO Margin Requirement* 
Overnight  MYR 4000
 
Join us to discuss & trade together FKLI, FCPO, WTI Crude Oil, Comex Gold, Mini Dow Jones etc Futures markets !!!
 
Please SHARE & SUBSCRIBE our YOUTUBE channel for latest FREE futures trading videos !!!
 
https://www.youtube.com/channel/UCnOB_UmIXe3OTE2SgiK9kpg
 
Join our FREE channels to find out more on futures trading !!!
 
Telegram link: 
https://t.me/investorsdoctoracademy
 
Facebook link:
https://www.facebook.com/investorsdoctoracademy
 
Or reach out to our contact number IDA Investors Doctor Academy
+601153537589
More articles on FCPO Updates
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment