Analysis

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Candle close
Price and energy
AUDCAD from 0.92112 to 0.92019, down 0.10%
Market Energy Bear Bias -49.1% to Bear Critical -69.6%, down 20.5 pts
Down candle #4 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.04%▼ 0.01%▼ 0.13%▼ 0.10%
Energy▲ 0.2▼ 5.6▼ 21.9▼ 20.5
Volatility trend chart · last 4 sessions
▼ 0.04%▼ 0.01%▼ 0.13%▼ 0.10%▲ 0.2▼ 5.6▼ 21.9▼ 20.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.10% — higher than 80% of past drops
0%255075100%
Energy down 20.5 pts — higher than 79% of past drops
RESEARCH

Trend of Bear Critical AUDCAD 1H

Sample: 58,580 1H candles from 2017-05-01 to 2026-10-09
Number of Bear Critical occurrences: 1,573 times

▸When AUDCAD is in Bear Critical:

  • then AUDCAD moved to higher Market State: 1,186 times — 75.4%
  • then AUDCAD moved to lower Market State: 387 times — 24.6%

▸Current AUDCAD market energy: -69.62%

  • Distance to upper bound of Bear Critical (at -60%): 9.62%
  • Distance to lower bound of Bear Critical (at -74.5%): 4.88%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

AUDCAD · H1 · 2024-07-16 13:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-49.1%
Bear Bias
-69.6%
Bear Critical
-46.4%
Bear Bias
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

Following the completion of the 1H candle, AUDCAD within the Bear Critical zone.

Market movement after the 1H candle closes, Energy delta -20.5%: Market Energy at -69.6%, previously -49.1%.

Time in Bear Critical energy zone: 1 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, AUDCAD Market Energy ranged from -69.6 to +78.3.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did AUDCAD price and energy show when this 1H candle closed?

When the 1H candle at 20:00 on 16-07-2024 closed, AUDCAD was at 0.92019, down 0.1% from the previous candle (0.92112). Market Energy was -69.6%, down 20.5 points from -49.1%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

How much did AUDCAD price move on this 1H candle, and how large is that historically?

AUDCAD closed at 0.92019, down 0.1% from the previous 1H candle (0.92112). This drop is larger than 80% of past drops on the 1H timeframe for AUDCAD, across 34,522 candles since 2019.

How did AUDCAD Market Energy change from the previous candle?

Market Energy fell 20.5 percentage points from the previous candle — from -49.1% to -69.6%. This drop is larger than 79% of past drops on the 1H timeframe for AUDCAD.

Do AUDCAD price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.

What state was AUDCAD in on the previous 1H candle?

The previous 1H candle had AUDCAD at -49.1%, Bear Bias — when this candle closed, AUDCAD moved down to a lower zone: Bear Bias → Bear Critical.

Where does AUDCAD energy sit within the Bear Critical zone?

At -69.6%, AUDCAD is 9.62 points from the upper boundary of Bear Critical (-60%) and 4.88 points from the lower boundary (-74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bear Critical mean?

Bear Critical is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Bear Critical 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 Critical with energy 63.8%; GER40 (European equities) in Bear Bias with energy -41.4%. Against this backdrop, AUDCAD (Bear Critical, -69.6%) 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 Bias with Market Energy 59.5%. AUDCAD (Bear Critical) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for AUDCAD.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for AUDCAD on the AUDCAD overview →

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