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| Price | ▲ 0.35% | ▲ 0.03% | ▲ 0.26% | ▼ 0.44% |
| Energy | ▼ 4.5 | ▲ 2.1 | ▲ 7.7 | ▼ 17.6 |
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: 53.53%
- Distance to upper bound of Bull Bias (at 60%): 6.47%
- Distance to lower bound of Bull Bias (at 20.88%): 32.65%
"Does history really repeat itself?" — 2AITRADING
Observing the completed Daily candle, CADJPY recorded in the energy zone tilted toward Bull.
Market trend on the 2AiTrading energy system Market Energy dropped -17.6% this candle, currently 53.5% (previous candle 71.1%).
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 +53.5 to +71.1.
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 18-05-2021 closed, CADJPY was at 90.175, down 0.44% from the previous candle (90.57). Market Energy was 53.5%, down 17.6 points from 71.1%, 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 90.175, down 0.44% from the previous Daily candle (90.57). This drop is larger than 69% of past drops on the Daily timeframe for CADJPY, across 743 candles since 2019.
How did CADJPY Market Energy change from the previous candle?
Market Energy fell 17.6 percentage points from the previous candle — from 71.1% to 53.5%. This drop is larger than 62% of past drops on the Daily timeframe for CADJPY.
Do CADJPY price and energy agree?
Yes. Both price and energy moved down 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 71.1%, Bull Critical — when this candle closed, CADJPY moved down to a lower zone: Bull Critical → Bull Bias.
Where does CADJPY energy sit within the Bull Bias zone?
At 53.5%, CADJPY is 6.47 points from the upper boundary of Bull Bias (60%) and 32.65 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 69.6%; GER40 (European equities) in Bull Critical with energy 73.2%. Against this backdrop, CADJPY (Bull Bias, 53.5%) 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 Bear Bias with Market Energy -45.7%. CADJPY (Bull Bias) and DXY currently sit on opposite sides.
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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