Analysis

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Candle close
Price and energy
CADJPY from 80.175 to 80.235, up 0.07%
Market Energy Bull Bias 47.3% to Bull Bias 49.5%, up 2.3 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.09%▼ 0.04%▲ 0.01%▲ 0.07%
Energy▼ 14.1▼ 13.8▼ 5.5▲ 2.3
Volatility trend chart · last 4 sessions
▼ 0.09%▼ 0.04%▲ 0.01%▲ 0.07%▼ 14.1▼ 13.8▼ 5.5▲ 2.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.07% — higher than 62% of past rises
0%255075100%
Energy up 2.3 pts — higher than 16% of past rises
RESEARCH

Trend of Bull Bias CADJPY 1H

Sample: 58,543 1H candles from 2017-05-01 to 2026-10-06
Number of Bull Bias occurrences: 4,628 times

▸When CADJPY is in Bull Bias:

  • then CADJPY moved to higher Market State: 1,856 times — 40.1%
  • then CADJPY moved to lower Market State: 2,772 times — 59.9%

▸Current CADJPY market energy: 49.52%

  • Distance to upper bound of Bull Bias (at 60%): 10.48%
  • Distance to lower bound of Bull Bias (at 20.88%): 28.64%

"To truly understand anything, study its history" — 2AITRADING

CADJPY · H1 · 2020-08-21 18:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
47.3%
Bull Bias
49.5%
Bull Bias
51.1%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

As the 1H candle completes, CADJPY within the energy state leaning Bull.

The energy side shows A +2.3% change from the previous candle, Market Energy is now 49.5% (previous: 47.3%).

Time in Bull Bias energy zone: 3 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, CADJPY Market Energy ranged from -94.7 to +94.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did CADJPY price and energy show when this 1H candle closed?

When the 1H candle at 01:00 on 22-08-2020 closed, CADJPY was at 80.235, up 0.07% from the previous candle (80.175). Market Energy was 49.5%, up 2.3 points from 47.3%, 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 1H candle, and how large is that historically?

CADJPY closed at 80.235, up 0.07% from the previous 1H candle (80.175). This rise is larger than 62% of past rises on the 1H timeframe for CADJPY, across 10,253 candles since 2019.

How did CADJPY Market Energy change from the previous candle?

Market Energy rose 2.3 percentage points from the previous candle — from 47.3% to 49.5%. This rise is larger than 16% of past rises on the 1H timeframe for CADJPY.

Do CADJPY price and energy agree?

Yes. On this candle price rose and energy rose — both moved the same way. This describes a closed candle, not a forecast of where price goes next.

What state was CADJPY in on the previous 1H candle?

The previous 1H candle had CADJPY at 47.3%, Bull Bias — this candle kept the same state, no zone change.

Where does CADJPY energy sit within the Bull Bias zone?

At 49.5%, CADJPY is 10.48 points from the upper boundary of Bull Bias (60%) and 28.64 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 Extreme with energy 85.6%; GER40 (European equities) in Bear Bias with energy -40.5%. Against this backdrop, CADJPY (Bull Bias, 49.5%) 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 Bull Bias with Market Energy 36.9%. CADJPY (Bull Bias) and DXY currently sit on the same Bull side.

Real-time Energy Chart

See the real-time energy chart for CADJPY.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for CADJPY on the CADJPY overview →

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