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| Price | ▲ 0.02% | ▼ 0.02% | ▼ 0.01% | ▲ 0.04% |
| Energy | ▼ 3.3 | ▼ 8.0 | ▼ 5.5 | ▲ 1.4 |
Trend of Bull Bias CADJPY 1H
▸When CADJPY is in Bull Bias:
- then CADJPY moved to higher Market State: 1,858 times — 40.1%
- then CADJPY moved to lower Market State: 2,775 times — 59.9%
▸Current CADJPY market energy: 54.17%
- Distance to upper bound of Bull Bias (at 60%): 5.83%
- Distance to lower bound of Bull Bias (at 20.88%): 33.29%
"Why does archaeology matter?" — 2AITRADING
Right as the 1H candle closes, CADJPY classified as the Bull Bias zone.
Observing the CADJPY market this session, Market Energy rose +1.4% this candle, currently 54.2% (previous candle 52.8%).
Time in Bull Bias energy zone: 3 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 -76.6 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 03:00 on 05-01-2024 closed, CADJPY was at 108.2925, up 0.04% from the previous candle (108.253). Market Energy was 54.2%, up 1.4 points from 52.8%, 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 108.2925, up 0.04% from the previous 1H candle (108.253). This rise is larger than 34% of past rises on the 1H timeframe for CADJPY, across 31,252 candles since 2019.
How did CADJPY Market Energy change from the previous candle?
Market Energy rose 1.4 percentage points from the previous candle — from 52.8% to 54.2%. This rise is larger than 10% of past rises on the 1H timeframe for CADJPY.
Do CADJPY price and energy agree?
Yes. This candle recorded price moving up 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 52.8%, Bull Bias — this candle kept the same state, no zone change.
Where does CADJPY energy sit within the Bull Bias zone?
At 54.2%, CADJPY is 5.83 points from the upper boundary of Bull Bias (60%) and 33.29 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 Bear Critical with energy -66.1%; GER40 (European equities) in Neutral with energy 4.7%. Against this backdrop, CADJPY (Bull Bias, 54.2%) 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 Neutral with Market Energy 17.6%. CADJPY energy is currently above DXY by 36.5 points.
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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