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| Price | ▲ 0.38% | ▼ 0.06% | ▲ 0.13% | ▼ 1.24% |
| Energy | ▲ 4.3 | ▲ 4.3 | ▲ 5.1 | ▼ 19.9 |
Trend of Bear Bias AUDCAD Weekly
▸When AUDCAD is in Bear Bias:
- then AUDCAD moved to higher Market State: 40 times — 71.4%
- then AUDCAD moved to lower Market State: 16 times — 28.6%
▸Current AUDCAD market energy: -49.14%
- Distance to upper bound of Bear Bias (at -20.88%): 28.26%
- Distance to lower bound of Bear Bias (at -60%): 10.86%
"To truly understand anything, study its history" — 2AITRADING
After the Weekly data updates, AUDCAD reflects the Market Energy state leaning Bear.
At the Weekly session close, Market Energy dropped -19.9% from the previous session, from -29.3% to -49.1%.
Time in Bear Bias energy zone: 18 Weekly 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 -49.1 to -29.3.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did AUDCAD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 23-08-2018 closed, AUDCAD was at 0.9434, down 1.24% from the previous candle (0.95525). Market Energy was -49.1%, down 19.9 points from -29.3%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did AUDCAD price move on this Weekly candle, and how large is that historically?
AUDCAD closed at 0.9434, down 1.24% from the previous Weekly candle (0.95525).
How did AUDCAD Market Energy change from the previous candle?
Market Energy fell 19.9 percentage points from the previous candle — from -29.3% to -49.1%.
Do AUDCAD price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes the candle that just closed; it does not say where price goes next.
What state was AUDCAD in on the previous Weekly candle?
The previous Weekly candle had AUDCAD at -29.3%, Bear Bias — this candle kept the same state, no zone change.
Where does AUDCAD energy sit within the Bear Bias zone?
At -49.1%, AUDCAD is 28.26 points from the upper boundary of Bear Bias (-20.88%) and 10.86 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 Neutral with energy 17.4%; GER40 (European equities) in Neutral with energy 8.8%. Against this backdrop, AUDCAD (Bear Bias, -49.1%) 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 -78.1%. AUDCAD (Bear Bias) and DXY currently sit on the same Bear 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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