6E Euro FX Futures Daily Chart Analysis: 2026-May-04 07:01 CT

Price Action

Last: 1.17200,
Bars: Medium,
Mom: Slow.

WSFG Weekly

Short-Term
WSFG Current: -26%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month May

Intermediate-Term
MSFG Current: -10%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: -11%
F0%/NTZ' Bias: Price Below,
YSFG Trend: Down.

Swing Pivots

(Short-Term) 1. Pvt. Trend: UTrend,
(Intermediate-Term) 2. HiLo Trend: UTrend,
3. Pvt. Evolve: Pvt High 1.18090,
4. Pvt. Next: Pvt Low 1.16880,
5. Levels R: 1.21595, 1.18815, 1.18090,
6. Levels S: 1.16775, 1.14840, 1.14615.

Daily Benchmarks

(Short-Term) 5 Day: 1.17368 Down Trend,
(Short-Term) 10 Day: 1.17475 Down Trend,
(Intermediate-Term) 20 Day: 1.17472 Down Trend,
(Intermediate-Term) 55 Day: 1.17261 Down Trend,
(Long-Term) 100 Day: 1.17688 Down Trend,
(Long-Term) 200 Day: 1.17848 Down Trend.

Additional Metrics

ATR: 134,
VOLMA: 228643.

Recent Trade Signals

04 May 2026: Short 6E 06-26 @ 1.1716 Signals.USAR-MSFG
04 May 2026: Short 6E 06-26 @ 1.174 Signals.USAR-WSFG
30 Apr 2026: Long 6E 06-26 @ 1.17525 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Euro FX is trading in a broad down-move structure with price below the weekly, monthly, and yearly F0%/NTZ reference zones, keeping the session fib bias aligned to the downside. The daily chart shows a sequence of lower highs and lower lows from the February peak, followed by a recovery attempt that stalled beneath the 1.18815 resistance band and the declining 100/200-day benchmarks. Short-term pivot structure remains in a UTrend phase, but the price location below key moving averages and below the monthly/yearly fib centers keeps the broader tone bearish. Recent signals also reflect downside alignment, while the current rally segment looks more like a retracement within a larger corrective decline than a full trend reversal.