FGBL Euro-Bund Futures Daily Chart Analysis: 2026-Jan-23 07:08 CT

Price Action

• Last: 127.74,
• Bars: Medium,
• Mom: Momentum slow.

WSFG Weekly

• Short-Term
• WSFG Current: -87%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jan

• Intermediate-Term
• MSFG Current: 13%
• F0%/NTZ' Bias: Price Above,
• MSFG Trend: Up.

YSFG Year 2026

• Long-Term
• YSFG Current: 2%
• F0%/NTZ' Bias: Price Above,
• YSFG Trend: Up.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 127.52,
• 4. Pvt. Next: Pvt high 128.38,
• 5. Levels R: 130.89, 129.51, 128.58,
• 6. Levels S: 127.52, 126.98, 126.75.

Daily Benchmarks

• (Short-Term) 5 Day: 127.88 Down Trend,
• (Short-Term) 10 Day: 128.06 Down Trend,
• (Intermediate-Term) 20 Day: 128.78 Down Trend,
• (Intermediate-Term) 55 Day: 128.76 Down Trend,
• (Long-Term) 100 Day: 128.78 Down Trend,
• (Long-Term) 200 Day: 129.16 Down Trend.

Additional Metrics

• ATR: 65,
• VOLMA: 1114077.

Recent Trade Signals

• 16 Jan 2026: Short FGBL 03-26 @ 128.1 Signals.USAR.TR120

Overall Rating

• Short-Term: Bearish,
• Intermediate-Term: Neutral,
• Long-Term: Neutral.

Key Insights Summary

The FGBL Euro-Bund Futures daily chart shows a market in a corrective phase after a recent swing high at 128.58, with price now retracing toward support at 127.52. Short-term momentum is slow and the prevailing trend is down, as confirmed by the negative WSFG reading and all benchmark moving averages trending lower. The most recent swing pivot is a low, but the next key reversal level is a swing high at 128.38, suggesting a potential for further downside unless a reversal occurs. Intermediate and long-term session fib grid trends remain up, but price is currently below most key moving averages, indicating a lack of sustained bullish momentum. Volatility is moderate, and volume remains steady. The recent short signal aligns with the short-term bearish structure, while intermediate and long-term trends are more neutral, reflecting a market in transition. The chart structure suggests a period of consolidation or potential for further testing of lower support levels before any significant trend reversal.