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| Price | ▲ 0.12% | ▼ 0.10% | ▲ 0.29% | ▲ 0.08% |
| Energy | ▼ 11.1 | ▼ 14.3 | ▼ 9.3 | ▼ 5.6 |
Trend of Neutral AUDCAD Weekly
▸When AUDCAD is in Neutral:
- then AUDCAD moved to higher Market State: 42 times — 51.2%
- then AUDCAD moved to lower Market State: 40 times — 48.8%
▸Current AUDCAD market energy: 7.21%
- Distance to upper bound of Neutral (at 20.88%): 13.67%
- Distance to lower bound of Neutral (at -20.88%): 28.09%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
Following the completion of the Weekly candle, Result for AUDCAD: the Neutral zone.
At the Weekly session close, Market Energy dropped -5.6% this candle, currently 7.2% (previous candle 12.8%).
Time in Neutral energy zone: 2 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 17-06-2024 closed, AUDCAD was at 0.90897, up 0.08% from the previous candle (0.90821). Market Energy was 7.2%, down 5.6 points from 12.8%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did AUDCAD price move on this Weekly candle, and how large is that historically?
AUDCAD closed at 0.90897, up 0.08% from the previous Weekly candle (0.90821). This rise is larger than 7% of past rises on the Weekly timeframe for AUDCAD, across 320 candles since 2019.
How did AUDCAD Market Energy change from the previous candle?
Market Energy fell 5.6 percentage points from the previous candle — from 12.8% to 7.2%. This drop is larger than 32% of past drops on the Weekly timeframe for AUDCAD.
Do AUDCAD price and energy agree?
No. On this candle price rose but energy fell — the two moved in opposite directions. 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 12.8%, Neutral — this candle kept the same state, no zone change.
Where does AUDCAD energy sit within the Neutral zone?
At 7.2%, AUDCAD is 13.67 points from the upper boundary of Neutral (20.88%) and 28.09 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 64.2%; GER40 (European equities) in Bear Bias with energy -36%. Against this backdrop, AUDCAD (Neutral, 7.2%) has higher energy than GER40; lower than 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 Neutral with Market Energy -17.4%. AUDCAD energy is currently above DXY by 24.7 points.
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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