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| Price | ▼ 0.33% | ▼ 0.91% | ▲ 1.20% | ▲ 1.29% |
| Energy | ▼ 1.1 | ▼ 34.1 | ▲ 22.7 | ▲ 39.5 |
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: 45.51%
- Distance to upper bound of Bull Bias (at 60%): 14.49%
- Distance to lower bound of Bull Bias (at 20.88%): 24.63%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
AUDCAD classified into the Bull Bias zone after the Weekly candle completed.
Market trend on the 2AiTrading energy system Market Energy rose +39.5% from the previous session, from 6.1% to 45.5%.
Time in Bull 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.
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 29-04-2024 closed, AUDCAD was at 0.90484, up 1.29% from the previous candle (0.89334). Market Energy was 45.5%, up 39.5 points from 6.1%, 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 0.90484, up 1.29% from the previous Weekly candle (0.89334). This rise is larger than 87% of past rises on the Weekly timeframe for AUDCAD, across 313 candles since 2019.
How did AUDCAD Market Energy change from the previous candle?
Market Energy rose 39.5 percentage points from the previous candle — from 6.1% to 45.5%. This rise is larger than 97% of past rises on the Weekly timeframe for AUDCAD.
Do AUDCAD price and energy agree?
Yes. Both price and energy moved up 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 6.1%, Neutral — when this candle closed, AUDCAD moved up to a higher zone: Neutral → Bull Bias.
Where does AUDCAD energy sit within the Bull Bias zone?
At 45.5%, AUDCAD is 14.49 points from the upper boundary of Bull Bias (60%) and 24.63 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 Bull Critical with energy 60.5%; GER40 (European equities) in Bull Extreme with energy 78%. Against this backdrop, AUDCAD (Bull Bias, 45.5%) 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 Critical with Market Energy 61.3%. AUDCAD (Bull Bias) and DXY currently sit on the same Bull 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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