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FCPO Trading Room

Assallamualaikum warahmatullahi wabarakatuh


Analisa Crude Palm Oil Futures (FCPO) 12/01/2017

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Technical


Crude Palm Oil futures traded in Bursa Malaysia Derivatives erased Tuesday’s losses to close near the day high as price tracked strong gains in soyoil market. Prices were also boosted by strong demand from China and forecast of a further decline in production in January. Prices climbed steadily throughout the day and the benchmark Mar17 contract was up 1.7% to RM3133 at the close of trade.


Total traded volume fell to 55,704 vs 65,475 while open interest was also lower at 203,829 vs 205,305



Market action saw prices rebounded and erase Tuesday’s losses. – Positive


Price managed to reclaim above the 10days and 20days moving average; revive the upside momentum towards the recent high at 3172. – Positive
RSI momentum level turned higher to 55.77, indicating buying momentum is improving. – Positive


The market is expected to continue its upside momentum in view of overnight strong soyoil market. Price looks to test the immediate resistance at 3172 and a successful break could see price heading towards the 3200 hurdle. On the downside, immediate support is seen at 3115 (7-SMA). A break below could trigger selling pressure towards 3080.




Fundamental


Palm oil surge to close at the week high on expectation of stronger exports and weaker production in January. – Positive


CBOT soybean oil futures up 1% to 36cents/lbs after touching the high of 36.08c. – Positive


Crude oil prices jumped more than 2.5% on the news that Saudi Arabia to cut exports to Asia. Weakening dollar also provided some support for the price. – Positive





:)cgrock
 
Assallamualaikum warahhamtullahi wabarakatuh



salam Jumaat , semoga jumaat yg barokah ini memberi keuntungan dunia akhirat buat kita semua.






Analisa Crude Palm Oil Futures (FCPO) 13/01/2017
​



Technical


Crude palm oil futures traded at Bursa Malaysia Derivatives retreated almost 0.54%, erased previous session gains as ringgit strengthen and weaker performance by rival oilseed soy.


The benchmark March 2017 contract fell 17 ringgit to settled at 3,116. A decreased in market participation as the total volume fell to 50,931 lots, compared to previous session at 55,704 lots. Open interest increased slightly to 198,011 contracts from 203,829 contracts the previous trading day. Crude palm oil futures April 2017 will become the benchmark for on next Monday trading.




Market action saw prices have been trading sideways with higher low over the past 5 sessions. - Neutral to Positive



Market close near 10days and 20days moving average. - Neutral



RSI momentum level turned lower at 53.5. - Neutral



The market have been trading in a range and is staging for a breakout. Previous 5 sessions recorded higher low, which might indicate prices gaining support. Price resistance located at 3134, then follow by 3153, further up at upper Bollinger band 3180. As for support, located at 3,093, follow by 3,073, then further down will be at lower Bollinger band 3054.






Fundamental



Palm oil fell due to strengthen in ringgit and weaken rival oil pressured the prices. – Neutral to negative



Most of the palm oil trader will roll over from March 2017 contract to April 2017 contract, as today is the last active day for March 2017 contract. Neutral



CBOT soybean oil futures ended 0.17% higher to 36.07 cents/lbs. – Neutral to Positive



Oil climbs the most in six weeks after record U.S. refinery runs – neutral to positive




resistance : 3134, 3153, and 3180.

support : 3,093 3,073, then further down will be at lower Bollinger band 3054.










:)cgrock
 
Assallamualaikum warahhamtullahi wabarakatuh



salam Jumaat , semoga jumaat yg barokah ini memberi keuntungan dunia akhirat buat kita semua.






Analisa Crude Palm Oil Futures (FCPO) 13/01/2017
​



Technical


Crude palm oil futures traded at Bursa Malaysia Derivatives retreated almost 0.54%, erased previous session gains as ringgit strengthen and weaker performance by rival oilseed soy.


The benchmark March 2017 contract fell 17 ringgit to settled at 3,116. A decreased in market participation as the total volume fell to 50,931 lots, compared to previous session at 55,704 lots. Open interest increased slightly to 198,011 contracts from 203,829 contracts the previous trading day. Crude palm oil futures April 2017 will become the benchmark for on next Monday trading.




Market action saw prices have been trading sideways with higher low over the past 5 sessions. - Neutral to Positive



Market close near 10days and 20days moving average. - Neutral



RSI momentum level turned lower at 53.5. - Neutral



The market have been trading in a range and is staging for a breakout. Previous 5 sessions recorded higher low, which might indicate prices gaining support. Price resistance located at 3134, then follow by 3153, further up at upper Bollinger band 3180. As for support, located at 3,093, follow by 3,073, then further down will be at lower Bollinger band 3054.






Fundamental



Palm oil fell due to strengthen in ringgit and weaken rival oil pressured the prices. – Neutral to negative



Most of the palm oil trader will roll over from March 2017 contract to April 2017 contract, as today is the last active day for March 2017 contract. Neutral



CBOT soybean oil futures ended 0.17% higher to 36.07 cents/lbs. – Neutral to Positive



Oil climbs the most in six weeks after record U.S. refinery runs – neutral to positive




resistance : 3134, 3153, and 3180.

support : 3,093 3,073, then further down will be at lower Bollinger band 3054.










:)cgrock

bro guna broker ape ye trading fcpo ni ?
berapa fees dia ?
ingat nak beralih ke fcpo dari stock market
 
assallamualaikum wtw

saya guna Maybank Investment bank

utk intraday RM 10 in RM 10 out...o total RM 20 1 lot

kalau simpan ..RM 16 in..RM 16 out




TC Pro free.


Yg penting..dapatkan FBR yg friendly..boleh jadi kawan..
 
Crude Palm Oil Futures (FCPO) 19/01/2017




Technical


Crude palm oil futures traded at Bursa Malaysia Derivatives fell almost 0.3%, on stronger ringgit. The benchmark April 2017 contract fell 9 ringgit to settled at 3,150. A increased in market participation as the total volume rose to 44,012 lots, compared to previous session at 38,068 lots. Open interest decreased slightly to 198,691 contracts from 199,068 contracts the previous trading day.

Market action saw prices formed a Shooting star after 2 bullish Marubozu candlestick, a possible reversal. - Neutral to Negative

Market close above 10days and 20days moving average. - Neutral to Positive

Prices is touched upper Bollinger band at 3170 and pull back down, which indicate upside being capped by Upper band. - Neutral

RSI momentum level at 57.2. - Neutral

Palm oil upside might be capped as it failed to trade higher yesterday, it was resisted by upper band and it formed a Shooting star candle which indicate a possible of a reversal. Price resistance located at upper Bollinger band 3170, then follow by 3182, further up at 3202. As for support, located at 3,134, follow by Bollinger middle band 3,114 and further down 3100.







Fundamental




Palm oil retraced on stronger ringgit which makes palm oil more expensive for foreign buyers which curb demand. – Neutral to Positive

CBOT soybean oil futures close 0.06% higher and ended at 35.58 cents/lbs. – Neutral

Oil fell to their lowest level in a week on Wednesday on expectations U.S. producers would boost output, it ended $1.40 lower at %51.08 per barrel. – neutral to positive
 
kurang meriah thread ni

bulan 12 mmg jadi bulan pengajaran untuk saya...nyaris nak habis modal
 
sy bg no ajaib..berguna nombor2 ni..
mcm pagi ni, support 3164, 3150 dh pecah..nasib baik support 3136 masih ssteady..

fcpo : 3122, 3136, 3150, 3164,3178, 3192

soy oil : 35.40, 35.55, 35.70, 35.85

dalian : 6280, 6300, 6320, 6340, 6360
 
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