·
Trend of Bull Bias AUDCAD 1H
▸When AUDCAD is in Bull Bias:
- then AUDCAD moved to higher Market State: 1,239 times — 27.7%
- then AUDCAD moved to lower Market State: 3,237 times — 72.3%
▸Current AUDCAD market energy: 49.97%
- Distance to upper bound of Bull Bias (at 60%): 10.03%
- Distance to lower bound of Bull Bias (at 20.88%): 29.09%
"Does history really repeat itself?" — 2AITRADING
Reading from the 1H candle, AUDCAD in the Bull Bias energy state.
Market energy measurement Market Energy dropped -14.4% from the previous session, from 64.4% to 50%.
Time in Bull Bias 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 -54.7 to +79.7.
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 18:00 on 26-05-2020 closed, AUDCAD was in Bull Bias with Market Energy 50%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did AUDCAD Market Energy change from the previous candle?
Market Energy fell 14.4 percentage points from the previous candle — from 64.4% to 50%.
What state was AUDCAD in on the previous 1H candle?
The previous 1H candle had AUDCAD at 64.4%, Bull Critical — when this candle closed, AUDCAD moved down to a lower zone: Bull Critical → Bull Bias.
Where does AUDCAD energy sit within the Bull Bias zone?
At 50%, AUDCAD is 10.03 points from the upper boundary of Bull Bias (60%) and 29.09 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 Bias with energy 22.7%; GER40 (European equities) in Neutral with energy -14.8%. Against this backdrop, AUDCAD (Bull Bias, 50%) has higher energy than GER40; sits in the same state zone as SPX500.
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 (Bull Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for AUDCAD.
Open Energy ChartSee the full 2AiTrading Model data for AUDCAD on the AUDCAD overview →
To jump to a symbol you're interested in, click .