·
| Price | ▼ 0.01% | ▲ 0.03% | ▼ 0.01% | ▼ 0.05% |
| Energy | ▲ 2.0 | ▲ 9.6 | ▼ 1.4 | ▼ 13.8 |
Trend of Neutral CADJPY 1H
▸When CADJPY is in Neutral:
- then CADJPY moved to higher Market State: 2,559 times — 53.3%
- then CADJPY moved to lower Market State: 2,241 times — 46.7%
▸Current CADJPY market energy: 8.61%
- Distance to upper bound of Neutral (at 20.88%): 12.27%
- Distance to lower bound of Neutral (at -20.88%): 29.49%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
Reading from the 1H candle, Market CADJPY in the neutral energy zone.
On the measurement side, The energy level dropped -13.8%: from 22.4% now at 8.6%.
Time in Neutral 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 -92.6 to +100.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CADJPY price and energy show when this 1H candle closed?
When the 1H candle at 10:00 on 12-06-2023 closed, CADJPY was at 104.4575, down 0.05% from the previous candle (104.505). Market Energy was 8.6%, down 13.8 points from 22.4%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did CADJPY price move on this 1H candle, and how large is that historically?
CADJPY closed at 104.4575, down 0.05% from the previous 1H candle (104.505). This drop is larger than 41% of past drops on the 1H timeframe for CADJPY, across 27,733 candles since 2019.
How did CADJPY Market Energy change from the previous candle?
Market Energy fell 13.8 percentage points from the previous candle — from 22.4% to 8.6%. This drop is larger than 66% of past drops on the 1H 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 1H candle?
The previous 1H candle had CADJPY at 22.4%, Bull Bias — when this candle closed, CADJPY moved down to a lower zone: Bull Bias → Neutral.
Where does CADJPY energy sit within the Neutral zone?
At 8.6%, CADJPY is 12.27 points from the upper boundary of Neutral (20.88%) and 29.49 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 4.5%; GER40 (European equities) in Bull Critical with energy 66.5%. Against this backdrop, CADJPY (Neutral, 8.6%) lower than GER40; sits in the same state zone as 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 44.5%. CADJPY energy is currently below DXY by 35.9 points.
See the real-time energy chart for CADJPY.
Open Energy ChartSee the full 2AiTrading Model data for CADJPY on the CADJPY overview →
To jump to a symbol you're interested in, click .