FGBL Euro-Bund Futures Daily Chart Analysis: 2026-Jul-23 07:04 CT

Price Action

• Last: 124.17,
• Bars: Small,
• Mom: Fast.

WSFG Weekly

• Short-Term
• WSFG Current: -36%
• F0%/NTZ' Bias: Price Below,
• WSFG Trend: Down.

MSFG Month Jul

• Intermediate-Term
• MSFG Current: -114%
• F0%/NTZ' Bias: Price Below,
• MSFG Trend: Down.

YSFG Year 2026

• Long-Term
• YSFG Current: -19%
• 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 124.17,
• 4. Pvt. Next: Pvt high 125.15,
• 5. Levels R: 138.14, 137.51, 135.10, 134.38, 130.91,
• 6. Levels S: 124.17, 123.78.

Daily Benchmarks

• (Short-Term) 5 Day: 124.75 Down Trend,
• (Short-Term) 10 Day: 125.02 Down Trend,
• (Intermediate-Term) 20 Day: 125.93 Down Trend,
• (Intermediate-Term) 55 Day: 125.82 Down Trend,
• (Long-Term) 100 Day: 125.82 Down Trend,
• (Long-Term) 200 Day: 126.79 Down Trend.

Additional Metrics

• ATR: 65,
• VOLMA: 1114077.

Recent Trade Signals

• 21 Jul 2026: Short FGBL 09-26 @ 124.44 Signals.USAR-WSFG

Overall Rating

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

Key Insights Summary

FGBL is in a fast short-term decline, with price at 124.17 beneath every benchmark moving average and below both weekly and monthly Fib-grid balance areas. The pivot structure is short-term bearish, marked by lower highs from the 127.69 July pivot and a fresh evolving low at 124.17. Intermediate pivot structure remains UTrend, but that broader constructive sequence is under pressure as price tests the 123.78 support zone. The 125.15 pivot-reversal level and clustered 5-to-55 day averages from 124.75 to 125.93 define the nearest overhead retracement area, while the 200-day average at 126.79 remains the major long-term trend ceiling.