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Trend of Bull Bias AUDCAD Daily
▸When AUDCAD is in Bull Bias:
- then AUDCAD moved to higher Market State: 86 times — 27.1%
- then AUDCAD moved to lower Market State: 231 times — 72.9%
▸Current AUDCAD market energy: 42.52%
- Distance to upper bound of Bull Bias (at 60%): 17.48%
- Distance to lower bound of Bull Bias (at 20.88%): 21.64%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
Trend energy leaning Bull recorded from just-completed Daily candle data for AUDCAD.
Per the 2AiTrading energy measurement system, Market Energy moved from 22.2% to 42.5%, up +20.3% from the previous candle.
Time in Bull Bias energy zone: 2 Daily Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Over the past 5 days, AUDCAD Market Energy ranged from +0.8 to +42.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was AUDCAD on Daily when this candle closed?
When the Daily candle at 07:00 on 05-04-2022 closed, AUDCAD was in Bull Bias with Market Energy 42.5%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did AUDCAD Market Energy change from the previous candle?
Market Energy rose 20.3 percentage points from the previous candle — from 22.2% to 42.5%.
What state was AUDCAD in on the previous Daily candle?
The previous Daily candle had AUDCAD at 22.2%, Bull Bias — this candle kept the same state, no zone change.
Where does AUDCAD energy sit within the Bull Bias zone?
At 42.5%, AUDCAD is 17.48 points from the upper boundary of Bull Bias (60%) and 21.64 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.
What does Bull Bias mean?
Bull Bias is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bull Bias definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bull Extreme with energy 78.7%; GER40 (European equities) in Bull Critical with energy 63.2%. Against this backdrop, AUDCAD (Bull Bias, 42.5%) lower than SPX500, GER40.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bull Critical with Market Energy 64.6%. AUDCAD (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for AUDCAD.
Open Energy ChartSee the full 2AiTrading Model data for AUDCAD on the AUDCAD overview →
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