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| Price | ▼ 0.26% | ▲ 0.02% | ▲ 0.01% | ▼ 0.06% |
| Energy | ▼ 59.0 | ▼ 10.6 | ▲ 5.2 | ▼ 2.3 |
Trend of Bear Critical AUDCAD 1H
▸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: -71.45%
- Distance to upper bound of Bear Critical (at -60%): 11.45%
- Distance to lower bound of Bear Critical (at -74.5%): 3.05%
"To truly understand anything, study its history" — 2AITRADING
Right as the 1H candle closes, AUDCAD in the near-extreme Bear energy level.
Market trend update: Market Energy reading dropped -2.3%, moving from -69.1% to -71.4% after the 1H candle.
Time in Bear Critical 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 -94.5 to +73.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did AUDCAD price and energy show when this 1H candle closed?
When the 1H candle at 00:00 on 04-09-2024 closed, AUDCAD was at 0.90958, down 0.06% from the previous candle (0.91014). Market Energy was -71.4%, down 2.3 points from -69.1%, 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 0.90958, down 0.06% from the previous 1H candle (0.91014). This drop is larger than 60% of past drops on the 1H timeframe for AUDCAD, across 35,366 candles since 2019.
How did AUDCAD Market Energy change from the previous candle?
Market Energy fell 2.3 percentage points from the previous candle — from -69.1% to -71.4%. This drop is larger than 15% of past drops on the 1H timeframe for AUDCAD.
Do AUDCAD price and energy agree?
Yes. Both price and energy moved down on this candle. 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 -69.1%, Bear Critical — this candle kept the same state, no zone change.
Where does AUDCAD energy sit within the Bear Critical zone?
At -71.4%, AUDCAD is 11.45 points from the upper boundary of Bear Critical (-60%) and 3.05 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 Bear Extreme with energy -95.5%; GER40 (European equities) in Bear Extreme with energy -95%. Against this backdrop, AUDCAD (Bear Critical, -71.4%) has higher energy 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 63%. AUDCAD (Bear Critical) 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 →
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