
6E Euro FX Futures Daily Chart Analysis: 2026-May-08 07:00 CT
Price Action
- Last: 1.17850,
- 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: 9%
- 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: UTrend,
- 3. Pvt. Evolve: Pvt High 1.18195,
- 4. Pvt. Next: Pvt Low 1.16975,
- 5. Levels R: 1.21595, 1.18815, 1.18195,
- 6. Levels S: 1.16775, 1.14840, 1.14615.
Daily Benchmarks
- (Short-Term) 5 Day: 1.17666 Up Trend,
- (Short-Term) 10 Day: 1.17420 Up Trend,
- (Intermediate-Term) 20 Day: 1.17655 Up Trend,
- (Intermediate-Term) 55 Day: 1.17285 Up Trend,
- (Long-Term) 100 Day: 1.17685 Down Trend,
- (Long-Term) 200 Day: 1.17815 Down Trend.
Additional Metrics
Recent Trade Signals
- 08 May 2026: Long 6E 06-26 @ 1.1784 Signals.USAR-WSFG
- 07 May 2026: Long 6E 06-26 @ 1.17905 Signals.USAR-MSFG
- 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 daily structure shows a recovery back toward the upper part of the recent range, with price holding above the weekly and monthly session fib midlines and pressing into nearby pivot resistance. Short-term swing pivots remain in an uptrend, and the recent sequence of higher lows from the spring selloff has improved the tape from the March weakness. Benchmarks are clustered tightly around current price, which reflects a transition zone rather than a clean trend expansion, while the longer-term year grid still sits in a down regime and keeps the broader backdrop mixed. The recent trade signals align with the rebound attempt, and the chart is still working through a rebound-and-consolidation phase after a sharp decline, with resistance defined by the prior swing high area and support building above the mid-1.16s.
Chart Analysis ATS AI Generated: 2026-05-08 07:00 for Informational use only, not trading advice. Terms and Risk Disclosure Copyright © 2026. Algo Trading Systems LLC.