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| Price | ▲ 0.42% | ▲ 0.06% | ▼ 0.38% | ▼ 0.51% |
| Energy | ▼ 2.7 | ▲ 6.0 | ▼ 3.9 | ▼ 4.9 |
Trend of Bear Bias AUDCHF Daily
▸When AUDCHF is in Bear Bias:
- then AUDCHF moved to higher Market State: 255 times — 74.3%
- then AUDCHF moved to lower Market State: 88 times — 25.7%
▸Current AUDCHF market energy: -59.3%
- Distance to upper bound of Bear Bias (at -20.88%): 38.42%
- Distance to lower bound of Bear Bias (at -60%): 0.7%
"Does history really repeat itself?" — 2AITRADING
Reading from the Daily candle, Result for AUDCHF: the Bear Bias zone.
Market trend update: The energy level dropped -4.9%: from -54.4% now at -59.3%.
Time in Bear Bias energy zone: 5 Daily 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, AUDCHF Market Energy ranged from -59.3 to -50.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did AUDCHF price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 20-12-2022 closed, AUDCHF was at 0.61958, down 0.51% from the previous candle (0.62273). Market Energy was -59.3%, down 4.9 points from -54.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did AUDCHF price move on this Daily candle, and how large is that historically?
AUDCHF closed at 0.61958, down 0.51% from the previous Daily candle (0.62273). This drop is larger than 75% of past drops on the Daily timeframe for AUDCHF, across 1,241 candles since 2019.
How did AUDCHF Market Energy change from the previous candle?
Market Energy fell 4.9 percentage points from the previous candle — from -54.4% to -59.3%. This drop is larger than 28% of past drops on the Daily timeframe for AUDCHF.
Do AUDCHF price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was AUDCHF in on the previous Daily candle?
The previous Daily candle had AUDCHF at -54.4%, Bear Bias — this candle kept the same state, no zone change.
Where does AUDCHF energy sit within the Bear Bias zone?
At -59.3%, AUDCHF is 38.42 points from the upper boundary of Bear Bias (-20.88%) and 0.7 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 Critical with energy -61.2%; GER40 (European equities) in Bear Bias with energy -39.5%. Against this backdrop, AUDCHF (Bear Bias, -59.3%) 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 Bull Bias with Market Energy 43.8%. AUDCHF (Bear Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for AUDCHF.
Open Energy ChartSee the full 2AiTrading Model data for AUDCHF on the AUDCHF overview →
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