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Trend of Neutral AUDCAD 1H
▸When AUDCAD is in Neutral:
- then AUDCAD moved to higher Market State: 3,148 times — 49.5%
- then AUDCAD moved to lower Market State: 3,208 times — 50.5%
▸Current AUDCAD market energy: -13.98%
- Distance to upper bound of Neutral (at 20.88%): 34.86%
- Distance to lower bound of Neutral (at -20.88%): 6.9%
"Does history really repeat itself?" — 2AITRADING
Reading from the 1H candle, AUDCAD reflects neutral energy.
Market trend energy Market Energy reading dropped -59.4%, moving from 45.5% to -14% after the 1H candle.
Time in Neutral energy zone: 1 1H 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 -40.7 to +84.1.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was AUDCAD on 1H when this candle closed?
When the 1H candle at 16:00 on 28-04-2020 closed, AUDCAD was in Neutral with Market Energy -14%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did AUDCAD Market Energy change from the previous candle?
Market Energy fell 59.4 percentage points from the previous candle — from 45.5% to -14%.
What state was AUDCAD in on the previous 1H candle?
The previous 1H candle had AUDCAD at 45.5%, Bull Bias — when this candle closed, AUDCAD moved down to a lower zone: Bull Bias → Neutral.
Where does AUDCAD energy sit within the Neutral zone?
At -14%, AUDCAD is 34.86 points from the upper boundary of Neutral (20.88%) and 6.9 points from the lower boundary (-20.88%) — so energy sits closer to the lower boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 95.4%; GER40 (European equities) in Bull Extreme with energy 97.3%. Against this backdrop, AUDCAD (Neutral, -14%) 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 Bear Extreme with Market Energy -95.1%. AUDCAD energy is currently above DXY by 81.1 points.
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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