USD RBD Palm Olein FuturesUSD RBD Palm Olein FuturesUSD RBD Palm Olein Futures

USD RBD Palm Olein Futures

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FCPO1! Palm Oil price is good support level & good buying possibility for now..Hope it will be going toward 4350 to 4400 ringgit.


FCPO1! Malaysian palm oil stock looking for UP....
Weak demand shows for upcoming weeks, price looking for stable here for next one or two weeks,but its possible to price will coming down toward 4000 ringgit again.



FCPO1! On going Correction, Malaysian palm oil price will be going down for next few weeks. Next support level is 4350 Ringgit to 4100 Ringgit. US Soybean oil price also going for correction.

Price has broken above the upper Bollinger Band, a signal of strong bullish momentum. Price respected the midline several times before bouncing up, acting as dynamic support.
Snapshot


FCPO1! Palm oil price will be going toward 4300 Ringgit.. If break upside it will be OPEN the door to go 4500 Ringgit..