FGBL Euro-Bund Futures Weekly Chart Analysis: 2026-May-12 07:04 CT

Price Action

Last: 124.89,
Bars: Small,
Mom: slow.

WSFG Weekly

Short-Term
WSFG Current: -53%
F0%/NTZ' Bias: Price Below,
WSFG Trend: Down.

MSFG Month May

Intermediate-Term
MSFG Current: -20%
F0%/NTZ' Bias: Price Below,
MSFG Trend: Down.

YSFG Year 2026

Long-Term
YSFG Current: -13%
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 126.64,
4. Pvt. Next: Pvt Low 124.04,
5. Levels R: 168.12, 168.02, 167.58, 165.98, 162.12,
6. Levels S: 124.25.

Weekly Benchmarks

(Short-Term) 5 Day: 125.6 Up Trend,
(Short-Term) 10 Day: 125.62 Up Trend,
(Intermediate-Term) 20 Day: 124.67 Up Trend,
(Intermediate-Term) 55 Day: 127.48 Down Trend,
(Long-Term) 100 Day: 128.98 Down Trend,
(Long-Term) 200 Day: 131.22 Down Trend.

Recent Trade Signals

12 May 2026: Short FGBL 06-26 @ 125.06 Signals.USAR-MSFG
11 May 2026: Short FGBL 06-26 @ 125.37 Signals.USAR-WSFG
06 May 2026: Long FGBL 06-26 @ 125.52 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Euro-Bund weekly structure remains heavy, with price sitting below the yearly, monthly, and weekly fib equilibrium lines and pressing into the lower end of the 2026 range near 124.89. The chart shows a sequence of lower highs and lower lows since the 2024 peak, with the current pivot structure still pointing to downside continuation as the next pivot low is identified near 124.04. Short-term strength in the 5 and 10 day benchmarks has not yet overturned the broader pressure from the 55, 100, and 200 day benchmarks, all of which remain in down trends. Recent sell signals across the weekly and monthly fib grids reinforce the bearish swing backdrop, while the market appears to be consolidating in a weak, compressed zone after a sharp decline from the 2025/2026 higher shelf.