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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: -41.97%
- Distance to upper bound of Bear Bias (at -20.88%): 21.09%
- Distance to lower bound of Bear Bias (at -60%): 18.03%
"To truly understand anything, study its history" — 2AITRADING
As the Weekly candle completes, Result for AUDCAD: the Bear Bias state.
Observing the AUDCAD market this session, Market trend energy recorded a -30.3% drop from the previous candle, from -11.7% to -42%.
Time in Bear Bias energy zone: 1 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 -42 to -11.7.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was AUDCAD on Weekly when this candle closed?
When the Weekly candle at 07:00 on 25-04-2019 closed, AUDCAD was in Bear Bias with Market Energy -42%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How did AUDCAD Market Energy change from the previous candle?
Market Energy fell 30.3 percentage points from the previous candle — from -11.7% to -42%.
What state was AUDCAD in on the previous Weekly candle?
The previous Weekly candle had AUDCAD at -11.7%, Neutral — when this candle closed, AUDCAD moved down to a lower zone: Neutral → Bear Bias.
Where does AUDCAD energy sit within the Bear Bias zone?
At -42%, AUDCAD is 21.09 points from the upper boundary of Bear Bias (-20.88%) and 18.03 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 Bear Bias with energy -52.9%; GER40 (European equities) in Bull Bias with energy 45.2%. Against this backdrop, AUDCAD (Bear Bias, -42%) lower 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 Bull Extreme with Market Energy 75.8%. AUDCAD (Bear 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 →
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