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Trend of Bull Bias CADJPY 1H
▸When CADJPY is in Bull Bias:
- then CADJPY moved to higher Market State: 1,835 times — 40.1%
- then CADJPY moved to lower Market State: 2,738 times — 59.9%
▸Current CADJPY market energy: 54.35%
- Distance to upper bound of Bull Bias (at 60%): 5.65%
- Distance to lower bound of Bull Bias (at 20.88%): 33.47%
"Does history really repeat itself?" — 2AITRADING
Reading from the 1H candle, CADJPY reflects Bull Bias.
The CADJPY market at session end, Market Energy dropped -28.4% from the previous session, from 82.8% to 54.3%.
Time in Bull Bias energy zone: 1 1H 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 -95.5 to +99.2.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was CADJPY on 1H when this candle closed?
When the 1H candle at 22:00 on 04-04-2022 closed, CADJPY was in Bull Bias with Market Energy 54.3%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did CADJPY Market Energy change from the previous candle?
Market Energy fell 28.4 percentage points from the previous candle — from 82.8% to 54.3%.
What state was CADJPY in on the previous 1H candle?
The previous 1H candle had CADJPY at 82.8%, Bull Extreme — when this candle closed, CADJPY moved down to a lower zone: Bull Extreme → Bull Bias.
Where does CADJPY energy sit within the Bull Bias zone?
At 54.3%, CADJPY is 5.65 points from the upper boundary of Bull Bias (60%) and 33.47 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 85.7%; GER40 (European equities) in Bull Extreme with energy 82.5%. Against this backdrop, CADJPY (Bull Bias, 54.3%) 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 Bull Bias with Market Energy 53.2%. 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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