HomePakistanWeekly Technical Analysis of Palm Oil – 28 November 2025

Weekly Technical Analysis of Palm Oil – 28 November 2025

🌴 Palm Oil Futures (FCPOG2026) β€” Market Snapshot 🌴

πŸ“‰ Trend: Upward Momentum Building
β€ƒπŸš€ Dalian vegetable oils strengthened and global supply concerns persisted.

🌏 India expects imports to 9.3MMT in 2025/26, up from 7.58MMT.

πŸ“Š Technical Indicator: πŸ” Fibonacci Retracement & Three White Soldiers
β€ƒπŸ§­ Major resistance remains at 4,210, a crucial level to watch for a breakout.

πŸ’° Support: πŸ”Ή 4,050 MYR/ton
β€ƒπŸŽ― Traders watching for reversal signals around this zone for short-term entries.

πŸ“ˆ Open Interest: 67.53K contracts
 πŸͺ™ Indicates moderate participation β€” possible buildup before next move.

πŸ›’οΈ Future Type: Crude Palm Oil (FCPOG2026)
β€ƒπŸŒΎ Benchmark Malaysian palm oil futures traded on Bursa Malaysia Derivatives.

It’s a caution that the information provided is for knowledge purposes only and should not be taken as a recommendation to buy or sell assets.

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