Analysis

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Candle open
Price and energy
CADJPY from 107.1825 to 106.2175, down 0.90%
Market Energy Bull Bias 23.9% to Bull Bias 24.2%, up 0.4 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▼ 1.72%▼ 2.10%▲ 2.22%▼ 0.90%
Energy▼ 6.8▼ 78.2▲ 9.3▲ 0.4
Volatility trend chart · last 4 sessions
▼ 1.72%▼ 2.10%▲ 2.22%▼ 0.90%▼ 6.8▼ 78.2▲ 9.3▲ 0.4
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.90% — higher than 64% of past drops
0%255075100%
Energy up 0.4 pts — higher than 2% of past rises
RESEARCH

Trend of Bull Bias CADJPY Weekly

Sample: 718 Weekly candles from 2016-05-02 to 2026-09-28
Number of Bull Bias occurrences: 67 times

▸When CADJPY is in Bull Bias:

  • then CADJPY moved to higher Market State: 38 times — 56.7%
  • then CADJPY moved to lower Market State: 29 times — 43.3%

▸Current CADJPY market energy: 24.25%

  • Distance to upper bound of Bull Bias (at 60%): 35.75%
  • Distance to lower bound of Bull Bias (at 20.88%): 3.37%

"Why does archaeology matter?" — 2AITRADING

CADJPY · W1 · 2023-07-24 00:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
23.9%
Bull Bias
24.2%
Bull Bias
12.9%
Neutral
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Measurement result after the Weekly candle closes, CADJPY recorded in the Bull Bias state.

Per the 2AI model, Market Energy moved from 23.9% to 24.2%, up +0.4% from the previous candle.

Time in Bull Bias energy zone: 2 Weekly 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

Not enough data in the past 5 days to show a range.

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 Weekly candle closed?

When the Weekly candle at 07:00 on 24-07-2023 closed, CADJPY was at 106.2175, down 0.9% from the previous candle (107.1825). Market Energy was 24.2%, up 0.4 points from 23.9%, 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 Weekly candle, and how large is that historically?

CADJPY closed at 106.2175, down 0.9% from the previous Weekly candle (107.1825). This drop is larger than 64% of past drops on the Weekly timeframe for CADJPY, across 273 candles since 2019.

How did CADJPY Market Energy change from the previous candle?

Market Energy rose 0.4 percentage points from the previous candle — from 23.9% to 24.2%. This rise is larger than 2% of past rises on the Weekly timeframe for CADJPY.

Do CADJPY price and energy agree?

No. Price moved down while energy moved up 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 Weekly candle?

The previous Weekly candle had CADJPY at 23.9%, Bull Bias — this candle kept the same state, no zone change.

Where does CADJPY energy sit within the Bull Bias zone?

At 24.2%, CADJPY is 35.75 points from the upper boundary of Bull Bias (60%) and 3.37 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 -72%; GER40 (European equities) in Bull Bias with energy 36.2%. Against this backdrop, CADJPY (Bull Bias, 24.2%) has higher energy than SPX500; sits in the same state zone as 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 30.5%. 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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