FGBL Euro-Bund Futures Daily Chart Analysis: 2026-Jul-20 07:04 CT

Price Action

• Last: 124.59,
• Bars: Small,
• Mom: Slow.

WSFG Weekly

• Short-Term
• WSFG Current: 25%
• F0%/NTZ' Bias: Price Above,
• WSFG Trend: Up.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: -82%
• 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: DTrend,
• (Intermediate-Term) 2. HiLo Trend: UTrend,
• 3. Pvt. Evolve: Pvt low 124.59,
• 4. Pvt. Next: Pvt high 125.58,
• 5. Levels R: 138.14, 137.51, 135.10, 134.18, 130.91,
• 6. Levels S: 124.59, 123.78.

Daily Benchmarks

• (Short-Term) 5 Day: 125.09 Down Trend,
• (Short-Term) 10 Day: 125.43 Down Trend,
• (Intermediate-Term) 20 Day: 126.26 Down Trend,
• (Intermediate-Term) 55 Day: 125.98 Down Trend,
• (Long-Term) 100 Day: 125.95 Down Trend,
• (Long-Term) 200 Day: 126.84 Down Trend.

Additional Metrics

• ATR: 65,
• VOLMA: 1114077.

Recent Trade Signals

• 20 Jul 2026: Long FGBL 09-26 @ 124.97 Signals.USAR-WSFG
• 13 Jul 2026: Short FGBL 09-26 @ 125.2 Signals.USAR.TR120

Overall Rating

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

Key Insights Summary

Euro-Bund futures completed a sharp July retracement from the 127.69 pivot high and have formed lower highs and lower lows into the 124.59 pivot low. Price is below every daily benchmark, with all six moving averages in down trends, confirming broad downside alignment. The weekly fib position remains above its F0% level and reflects a residual short-term recovery theme, but the monthly and yearly fib grids remain below F0%, maintaining a bearish intermediate and long-term structure. Small daily bars and slow momentum show that the selloff has moderated into a lower-range consolidation near support; 125.58 is the active pivot-reversal reference, while 123.78 remains the next major swing support.