Analysis

·

Candle open
Price and energy
CADJPY from 116.711 to 117.686, up 0.84%
Market Energy Bull Extreme 82.2% to Bull Extreme 96.9%, up 14.7 pts
Up candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 1.24%▲ 0.64%▲ 1.74%▲ 0.84%
Energy▼ 22.2▼ 2.6▲ 31.8▲ 14.7
Volatility trend chart · last 4 sessions
▼ 1.24%▲ 0.64%▲ 1.74%▲ 0.84%▼ 22.2▼ 2.6▲ 31.8▲ 14.7
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.84% — higher than 53% of past rises
0%255075100%
Energy up 14.7 pts — higher than 55% of past rises
RESEARCH

Trend of Bull Extreme CADJPY Weekly

Sample: 718 Weekly candles from 2016-05-02 to 2026-09-28
Number of Bull Extreme occurrences: 32 times

▸When CADJPY is in Bull Extreme:

  • then CADJPY moved to higher Market State: 0 times — 0%
  • then CADJPY moved to lower Market State: 32 times — 100%

▸Current CADJPY market energy: 96.89%

  • Distance to peak 100%: 3.11%
  • Distance to lower bound of Bull Extreme (at 74.5%): 22.39%

"Why does archaeology matter?" — 2AITRADING

CADJPY · W1 · 2024-06-24 00:00 UTC
Preview the last 30 candles — price and energy
View live CADJPY chart →
Market Energy
82.2%
Bull Extreme
96.9%
Bull Extreme
92.7%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

As the Weekly candle completes, CADJPY currently in the extreme Bull energy level.

End-of-session energy readings on Weekly, Market trend energy recorded a +14.7% rise from the previous candle, from 82.2% to 96.9%.

Time in Bull Extreme 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 24-06-2024 closed, CADJPY was at 117.686, up 0.84% from the previous candle (116.711). Market Energy was 96.9%, up 14.7 points from 82.2%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

How much did CADJPY price move on this Weekly candle, and how large is that historically?

CADJPY closed at 117.686, up 0.84% from the previous Weekly candle (116.711). This rise is larger than 53% of past rises on the Weekly timeframe for CADJPY, across 321 candles since 2019.

How did CADJPY Market Energy change from the previous candle?

Market Energy rose 14.7 percentage points from the previous candle — from 82.2% to 96.9%. This rise is larger than 55% of past rises on the Weekly 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 Weekly candle?

The previous Weekly candle had CADJPY at 82.2%, Bull Extreme — this candle kept the same state, no zone change.

Where does CADJPY energy sit within the Bull Extreme zone?

At 96.9%, CADJPY is 3.11 points from the upper boundary of Bull Extreme (100%) and 22.39 points from the lower boundary (74.5%) — so energy sits closer to the upper boundary at candle close.

What does Bull Extreme mean?

Bull Extreme 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 Extreme 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 -1.7%; GER40 (European equities) in Bull Bias with energy 31.1%. Against this backdrop, CADJPY (Bull Extreme, 96.9%) 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 Bias with Market Energy 49.4%. CADJPY (Bull Extreme) 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 →

To jump to a symbol you're interested in, click .