Commentary

OSK - Technical Analyzer_FKLI FCPO_20140116_RHB Retail Research

MBB-

Despite smaller 1-15 days export numbers, technical oversold view and “sell the news and buy the fact” scenario prevailed.
Going into a long holiday weekend, new benchmark month April futures is expected to continue a technical rally with resistance seen at RM 2,577 and nearest support pegged at RM 2,515 noting the weakness of the Ringgit.

Market view: Higher opening on early pre-weekend short-covering to be capped later on long liquidations at higher levels in choppy trading.

FCPO Daily Commentary - FCPO160114

 

Petunjuk Pasaran

Open Last Beza Peratus
Dalian Soybeans
Dalian Soybean Oil  %
Dalian Palm Oil
CBOT Soybean Oil  %

CHARTS

TF60M

160114

TF5M

160114_TF5M

Catatan

 

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