Recent Market Overview
MYX:FCPOJ2025 MYX:FCPOK2025 MYX:FCPO1!
The market, both for outright contracts and spread contracts, has shown significant signs of consolidation recently. As such, I believe a comprehensive analysis is necessary to identify contracts worth monitoring, key price levels to watch, and whether the market leans bullish or bearish in...
MYX:FCPO1!
MYX:FCPOH2025
MYX:FCPOJ2025
The March contract and the APR25-JUL25 spread contract both closed higher on Friday, at 4,391 points and 142 points, respectively. Based on the following analysis, I believe this is an opportune moment to enter a long position:
1. Strong Performance of Chicago Soybean Oil
Chicago soybean oil experienced a...
The MAR25-JUN25 spread contract opened at 233 points today. During the morning session, the market dropped to a low of 191 points. However, signs of recovery emerged in the afternoon session, and the contract ultimately ended the day with a modest decline of 14 points, closing at 213 points.
The March contract opened at 4,361 points and trended lower throughout...
MYX:FCPO1!
The opening price of the MAR25-JUN25 spread contract today was 265 points. During the midday session, the market experienced a sharp decline to 206 points but later recovered, closing at 227 points.
From the daily chart of the MAR25-JUN25 spread contract, a clear head-and-shoulders top pattern can be observed, with today’s closing price falling below...
COMEX:GC1! After a strong rise in 2024, gold has started to solidify its position in 2025. Known for its status as a safe-haven asset, gold benefited from economic uncertainty, geopolitical tensions, and changes in monetary policy. Undoubtedly, by the end of 2024, profit-taking occurred, which caused gold prices to fall from their historic highs. However, as 2025...
In the ever-changing landscape of the global vegetable oil market, palm oil takes center stage once again. From India’s sharp increase in imports to Indonesia’s biodiesel policy adjustments and Malaysia’s declining export figures, the palm oil market is witnessing a dynamic interplay of forces. On the technical front, critical price levels and trend shifts are...
The analysis did not align with initial expectations. It was anticipated that the weekly chart of the FCPO1! continuous contract would stabilize around the 4500 support level, but this week it dropped to 4374. From the weekly chart perspective, while the 4500 level has been breached, the overall upward trend structure remains intact. The next support level will...
FCPO price trend probably will continue rising to around level RM4,479. Thus, we need to pay attention on price action & candlestick pattern at level RM 4,479.
If there is a retracement at level RM4,479, it probably is a good entry point for short selling.
Furthermore, the current price support at around level RM3,933. There is a chance that the price may break...
