FCPO (Crude Palm Oil) – Morning Session, Sep 04, 2025
FCPO closed the morning at 4,480, up 38 pts (+0.86%), with buyers pushing into the visible supply zone on the intraday profile.
On the 1H chart, expanding volume supports the attempt to clear overhead offers; a firm break and hold above 4,513 remains the trigger to absorb supply and extend the rally mentioned previously.
To confirm a trend resumption, price should sustain above 4,513 and build acceptance toward 4,568–4,580, the next resistance band from recent swing highs and volume nodes.
Daily structure
The ascending channel on the daily timeframe remains intact, with a sequence of higher lows and higher highs keeping the medium‑term bias constructive as long as the lower channel and the 20/50‑day MAs hold.
Initial support sits near 4,426/4,415 (intraday pullback area and short‑term MA cluster), with deeper support around 4,315 if momentum fades.
Overall, momentum is improving into resistance; a decisive move above the **4,513** level would strengthen the bullish case, while repeated rejection there keeps trade range‑bound within the upper channel.
FCPO closed the morning at 4,480, up 38 pts (+0.86%), with buyers pushing into the visible supply zone on the intraday profile.
On the 1H chart, expanding volume supports the attempt to clear overhead offers; a firm break and hold above 4,513 remains the trigger to absorb supply and extend the rally mentioned previously.
To confirm a trend resumption, price should sustain above 4,513 and build acceptance toward 4,568–4,580, the next resistance band from recent swing highs and volume nodes.
Daily structure
The ascending channel on the daily timeframe remains intact, with a sequence of higher lows and higher highs keeping the medium‑term bias constructive as long as the lower channel and the 20/50‑day MAs hold.
Initial support sits near 4,426/4,415 (intraday pullback area and short‑term MA cluster), with deeper support around 4,315 if momentum fades.
Overall, momentum is improving into resistance; a decisive move above the **4,513** level would strengthen the bullish case, while repeated rejection there keeps trade range‑bound within the upper channel.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.