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| Price | ▲ 0.11% | ▲ 0.10% | ▲ 0.22% | ▲ 0.24% |
| Energy | ▲ 0.8 | ▲ 4.6 | ▲ 7.7 | ▲ 24.6 |
Trend of Bull Bias CADJPY Daily
▸When CADJPY is in Bull Bias:
- then CADJPY moved to higher Market State: 183 times — 48%
- then CADJPY moved to lower Market State: 198 times — 52%
▸Current CADJPY market energy: 32.19%
- Distance to upper bound of Bull Bias (at 60%): 27.81%
- Distance to lower bound of Bull Bias (at 20.88%): 11.31%
"History always repeats itself, one way or another" — 2AITRADING
With the Daily candle just closed, Market CADJPY in Bull Bias.
Looking at the Market Energy reading, Market Energy moved from 7.6% to 32.2%, up +24.6% from the previous candle.
Time in Bull 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, CADJPY Market Energy ranged from -4.7 to +32.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CADJPY price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 31-08-2016 closed, CADJPY was at 78.35, up 0.24% from the previous candle (78.165). Market Energy was 32.2%, up 24.6 points from 7.6%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did CADJPY price move on this Daily candle, and how large is that historically?
CADJPY closed at 78.35, up 0.24% from the previous Daily candle (78.165).
How did CADJPY Market Energy change from the previous candle?
Market Energy rose 24.6 percentage points from the previous candle — from 7.6% to 32.2%.
Do CADJPY price and energy agree?
Yes. Both price and energy moved up on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was CADJPY in on the previous Daily candle?
The previous Daily candle had CADJPY at 7.6%, Neutral — when this candle closed, CADJPY moved up to a higher zone: Neutral → Bull Bias.
Where does CADJPY energy sit within the Bull Bias zone?
At 32.2%, CADJPY is 27.81 points from the upper boundary of Bull Bias (60%) and 11.31 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 Neutral with energy 2.8%; GER40 (European equities) in Neutral with energy 12.4%. Against this backdrop, CADJPY (Bull Bias, 32.2%) has higher energy 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 Extreme with Market Energy 90.2%. CADJPY (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for CADJPY.
Open Energy ChartSee the full 2AiTrading Model data for CADJPY on the CADJPY overview →
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