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| Price | ▲ 0.83% | ▲ 0.02% | ▲ 0.42% | ▼ 1.17% |
| Energy | ▲ 31.2 | ▲ 7.8 | ▲ 7.6 | ▼ 22.8 |
Trend of Bull Bias AUDCAD Weekly
▸When AUDCAD is in Bull Bias:
- then AUDCAD moved to higher Market State: 9 times — 18%
- then AUDCAD moved to lower Market State: 41 times — 82%
▸Current AUDCAD market energy: 25.65%
- Distance to upper bound of Bull Bias (at 60%): 34.35%
- Distance to lower bound of Bull Bias (at 20.88%): 4.77%
"Does history really repeat itself?" — 2AITRADING
After the Weekly data updates, AUDCAD recorded in the energy level leaning Bull.
Meanwhile, A -22.8% change from the previous candle, Market Energy is now 25.7% (previous: 48.4%).
Time in Bull Bias energy zone: 4 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.
Not enough data in the past 5 days to show a range.
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 30-11-2020 closed, AUDCAD was at 0.94972, down 1.17% from the previous candle (0.96095). Market Energy was 25.7%, down 22.8 points from 48.4%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did AUDCAD price move on this Weekly candle, and how large is that historically?
AUDCAD closed at 0.94972, down 1.17% from the previous Weekly candle (0.96095). This drop is larger than 88% of past drops on the Weekly timeframe for AUDCAD, across 135 candles since 2019.
How did AUDCAD Market Energy change from the previous candle?
Market Energy fell 22.8 percentage points from the previous candle — from 48.4% to 25.7%. This drop is larger than 81% of past drops on the Weekly 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 Weekly candle?
The previous Weekly candle had AUDCAD at 48.4%, Bull Bias — this candle kept the same state, no zone change.
Where does AUDCAD energy sit within the Bull Bias zone?
At 25.7%, AUDCAD is 34.35 points from the upper boundary of Bull Bias (60%) and 4.77 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Bear Bias with energy -46%; GER40 (European equities) in Bull Bias with energy 33.1%. Against this backdrop, AUDCAD (Bull Bias, 25.7%) has higher energy than SPX500; sits in the same state zone as 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 Critical with Market Energy -65.3%. 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 →
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