FGBL Euro-Bund Futures Weekly Chart Analysis: 2026-Jul-21 07:04 CT

Price Action

• Last: 124.56,
• Bars: Large,
• Mom: fast.

WSFG Weekly

• Short-Term
• WSFG Current: -7%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: -100%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -16%
• F0%/NTZ' Bias: Price Below,
• YSFG Trend: Down.

Swing Pivots

• (Short-Term) 1. Pvt. Trend: DTrend,
• (Intermediate-Term) 2. HiLo Trend: DTrend,
• 3. Pvt. Evolve: Pvt low 124.56,
• 4. Pvt. Next: Pvt high 127.24,
• 5. Levels R: 128.16, 128.06, 127.62, 126.02,
• 6. Levels S: 124.58, 123.78.

Weekly Benchmarks

• (Short-Term) 5 Day: 126.16 Down Trend,
• (Short-Term) 10 Day: 125.85 Down Trend,
• (Intermediate-Term) 20 Day: 125.78 Down Trend,
• (Intermediate-Term) 55 Day: 127.02 Down Trend,
• (Long-Term) 100 Day: 128.48 Down Trend,
• (Long-Term) 200 Day: 130.28 Down Trend.

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

The weekly structure remains broadly bearish: price has broken beneath the 5-, 10-, and 20-week benchmarks and remains well below the declining 55-, 100-, and 200-week averages. The latest large-range downswing has established a new pivot low at 124.56, while the next opposite pivot threshold is 127.24. Price is testing the 124.58 support area, with 123.78 the next visible lower support. The recent long WSFG signal is countertrend against the dominant weekly, monthly, yearly, benchmark, and pivot-pressure backdrop; overhead pivot resistance remains layered from 126.02 through 128.16.