6E Euro FX Futures Weekly Chart Analysis: 2026-May-07 07:01 CT
Price Action
- Last: 1.17835,
- Bars: Medium,
- Mom: average.
WSFG Weekly
- Short-Term
- WSFG Current: 19%
- F0%/NTZ' Bias: Price Above,
- WSFG Trend: Up.
MSFG Month May
- Intermediate-Term
- MSFG Current: 10%
- F0%/NTZ' Bias: Price Above,
- MSFG Trend: Up.
YSFG Year 2026
- Long-Term
- YSFG Current: -6%
- F0%/NTZ' Bias: Price Below,
- YSFG Trend: Down.
Swing Pivots
- (Short-Term) 1. Pvt. Trend: UTrend,
- (Intermediate-Term) 2. HiLo Trend: DTrend,
- 3. Pvt. Evolve: Pvt High 1.18815,
- 4. Pvt. Next: Pvt Low 1.15395,
- 5. Levels R: 1.43495, 1.34130, 1.33565, 1.23990, 1.23285,
- 6. Levels S: 1.14615, 1.13230, 1.05945, 1.03245.
Weekly Benchmarks
- (Short-Term) 5 Day: 1.1727 Up Trend,
- (Short-Term) 10 Day: 1.16805 Up Trend,
- (Intermediate-Term) 20 Day: 1.176 Up Trend,
- (Intermediate-Term) 55 Day: 1.1674 Up Trend,
- (Long-Term) 100 Day: 1.1483 Up Trend,
- (Long-Term) 200 Day: 1.1374 Up Trend.
Recent Trade Signals
- 07 May 2026: Long 6E 06-26 @ 1.17905 Signals.USAR-MSFG
- 07 May 2026: Long 6E 06-26 @ 1.17875 Signals.USAR-WSFG
- 06 May 2026: Long 6E 06-26 @ 1.176 Signals.USAR.TR120
Overall Rating
- Short-Term: Bullish,
- Intermediate-Term: Bullish,
- Long-Term: Neutral.
Key Insights Summary
The weekly structure is in a rebound phase after the sharp 2025 selloff base near 1.05945, with price now pressing back into the 1.17s and holding above the 5, 10, 20, 55, 100, and 200-week benchmarks. Short-term and monthly session fib grids remain above their F0% zones and point higher, which aligns with the recent long signals and the current pivot uptrend. The intermediate pivot stack is still mixed, as the HiLo trend remains downward while the short-term pivot trend is upward, reflecting a market that has rallied strongly but is still working through overhead supply. Long-term, the yearly session fib grid is still below its center line, so the broader 2026 context remains below the yearly equilibrium even as price trades well above the major moving averages. Overall, the chart shows a constructive swing recovery with higher lows and repeated tests of overhead resistance around the 1.18 to 1.19 area.
Chart Analysis ATS AI Generated: 2026-05-07 07:01 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.