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| Price | ▲ 0.00% | ▲ 0.31% | ▼ 0.05% | ▼ 0.33% |
| Energy | ▲ 8.8 | ▲ 5.8 | ▼ 1.7 | ▼ 35.1 |
Trend of Bull Bias CHFJPY Daily
▸When CHFJPY is in Bull Bias:
- then CHFJPY moved to higher Market State: 176 times — 46.2%
- then CHFJPY moved to lower Market State: 205 times — 53.8%
▸Current CHFJPY market energy: 44.69%
- Distance to upper bound of Bull Bias (at 60%): 15.31%
- Distance to lower bound of Bull Bias (at 20.88%): 23.81%
"Let data guide you, but never trust it completely" — 2AITRADING
After the Daily session ends, CHFJPY recorded in the Bull Bias zone.
Looking at the Market Energy reading, Market Energy dropped -35.1% from the previous session, from 79.8% to 44.7%.
Time in Bull Bias energy zone: 1 Daily 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, CHFJPY Market Energy ranged from +44.7 to +81.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CHFJPY price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 02-08-2021 closed, CHFJPY was at 120.7025, down 0.33% from the previous candle (121.1025). Market Energy was 44.7%, down 35.1 points from 79.8%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did CHFJPY price move on this Daily candle, and how large is that historically?
CHFJPY closed at 120.7025, down 0.33% from the previous Daily candle (121.1025). This drop is larger than 73% of past drops on the Daily timeframe for CHFJPY, across 808 candles since 2019.
How did CHFJPY Market Energy change from the previous candle?
Market Energy fell 35.1 percentage points from the previous candle — from 79.8% to 44.7%. This drop is larger than 84% of past drops on the Daily timeframe for CHFJPY.
Do CHFJPY 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 CHFJPY in on the previous Daily candle?
The previous Daily candle had CHFJPY at 79.8%, Bull Extreme — when this candle closed, CHFJPY moved down to a lower zone: Bull Extreme → Bull Bias.
Where does CHFJPY energy sit within the Bull Bias zone?
At 44.7%, CHFJPY is 15.31 points from the upper boundary of Bull Bias (60%) and 23.81 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 Bull Extreme with energy 82.6%; GER40 (European equities) in Bull Extreme with energy 86.7%. Against this backdrop, CHFJPY (Bull Bias, 44.7%) lower 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 42.9%. CHFJPY (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for CHFJPY.
Open Energy ChartSee the full 2AiTrading Model data for CHFJPY on the CHFJPY overview →
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