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| Price | ▲ 0.40% | ▼ 0.00% | ▼ 0.27% | ▼ 0.42% |
| Energy | ▲ 12.2 | ▲ 0.3 | ▼ 1.5 | ▼ 16.4 |
Trend of Bear Bias AUDUSD Daily
▸When AUDUSD is in Bear Bias:
- then AUDUSD moved to higher Market State: 369 times — 68.5%
- then AUDUSD moved to lower Market State: 170 times — 31.5%
▸Current AUDUSD market energy: -29.82%
- Distance to upper bound of Bear Bias (at -20.88%): 8.94%
- Distance to lower bound of Bear Bias (at -60%): 30.18%
"Let data guide you, but never trust it completely" — 2AITRADING
Reading from the Daily candle, AUDUSD within the energy state leaning Bear.
Market energy movement Market Energy reading dropped -16.4%, moving from -13.5% to -29.8% after the Daily candle.
Time in Bear Bias energy zone: 1 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, AUDUSD Market Energy ranged from -29.8 to -12.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did AUDUSD price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 26-09-2023 closed, AUDUSD was at 0.6397, down 0.42% from the previous candle (0.64238). Market Energy was -29.8%, down 16.4 points from -13.5%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did AUDUSD price move on this Daily candle, and how large is that historically?
AUDUSD closed at 0.6397, down 0.42% from the previous Daily candle (0.64238). This drop is larger than 59% of past drops on the Daily timeframe for AUDUSD, across 1,481 candles since 2019.
How did AUDUSD Market Energy change from the previous candle?
Market Energy fell 16.4 percentage points from the previous candle — from -13.5% to -29.8%. This drop is larger than 70% of past drops on the Daily timeframe for AUDUSD.
Do AUDUSD price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.
What state was AUDUSD in on the previous Daily candle?
The previous Daily candle had AUDUSD at -13.5%, Neutral — when this candle closed, AUDUSD moved down to a lower zone: Neutral → Bear Bias.
Where does AUDUSD energy sit within the Bear Bias zone?
At -29.8%, AUDUSD is 8.94 points from the upper boundary of Bear Bias (-20.88%) and 30.18 points from the lower boundary (-60%) — so energy sits closer to the upper 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 Neutral with energy -2.7%; GER40 (European equities) in Bear Bias with energy -51.4%. Against this backdrop, AUDUSD (Bear Bias, -29.8%) lower 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 Extreme with Market Energy 77.8%. AUDUSD (Bear Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for AUDUSD.
Open Energy ChartSee the full 2AiTrading Model data for AUDUSD on the AUDUSD overview →
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