·
| Price | ▲ 0.03% | ▼ 0.05% | ▼ 0.06% | ▼ 0.02% |
| Energy | ▲ 10.0 | ▼ 9.0 | ▼ 16.9 | ▼ 10.7 |
Trend of Neutral CADJPY 1H
▸When CADJPY is in Neutral:
- then CADJPY moved to higher Market State: 2,560 times — 53.3%
- then CADJPY moved to lower Market State: 2,241 times — 46.7%
▸Current CADJPY market energy: 16.76%
- Distance to upper bound of Neutral (at 20.88%): 4.12%
- Distance to lower bound of Neutral (at -20.88%): 37.64%
"Why does archaeology matter?" — 2AITRADING
As the 1H candle closes, CADJPY recorded in the neutral energy state.
Meanwhile, Market Energy reading dropped -10.7%, moving from 27.5% to 16.8% after the 1H candle.
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 -86.5 to +87.9.
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 01:00 on 14-10-2023 closed, CADJPY was at 109.4535, down 0.02% from the previous candle (109.4805). Market Energy was 16.8%, down 10.7 points from 27.5%, 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 109.4535, down 0.02% from the previous 1H candle (109.4805). This drop is larger than 23% of past drops on the 1H timeframe for CADJPY, across 29,883 candles since 2019.
How did CADJPY Market Energy change from the previous candle?
Market Energy fell 10.7 percentage points from the previous candle — from 27.5% to 16.8%. This drop is larger than 58% of past drops on the 1H timeframe for CADJPY.
Do CADJPY price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. 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 27.5%, 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 16.8%, CADJPY is 4.12 points from the upper boundary of Neutral (20.88%) and 37.64 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 Bear Critical with energy -60.7%; GER40 (European equities) in Bear Extreme with energy -88.2%. Against this backdrop, CADJPY (Neutral, 16.8%) 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 Critical with Market Energy 65.9%. CADJPY energy is currently below DXY by 49.2 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 .