Analysis

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Candle close
Price and energy
CHFJPY from 169.225 to 169.048, down 0.10%
Market Energy Bull Extreme 87.7% to Bull Bias 56.9%, down 30.8 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.00%▲ 0.04%▼ 0.06%▼ 0.10%
Energy▼ 2.9▲ 0.5▼ 7.3▼ 30.8
Volatility trend chart · last 4 sessions
▲ 0.00%▲ 0.04%▼ 0.06%▼ 0.10%▼ 2.9▲ 0.5▼ 7.3▼ 30.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.10% — higher than 81% of past drops
0%255075100%
Energy down 30.8 pts — higher than 86% of past drops
RESEARCH

Trend of Bull Bias CHFJPY 1H

Sample: 58,581 1H candles from 2017-05-01 to 2026-10-08
Number of Bull Bias occurrences: 4,827 times

▸When CHFJPY is in Bull Bias:

  • then CHFJPY moved to higher Market State: 1,845 times — 38.2%
  • then CHFJPY moved to lower Market State: 2,982 times — 61.8%

▸Current CHFJPY market energy: 56.89%

  • Distance to upper bound of Bull Bias (at 60%): 3.11%
  • Distance to lower bound of Bull Bias (at 20.88%): 36.01%

"History always repeats itself, one way or another" — 2AITRADING

CHFJPY · H1 · 2023-11-22 22:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
87.7%
Bull Extreme
56.9%
Bull Bias
47.7%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

The Bull Bias zone determined for CHFJPY through the 1H candle data.

Observing the CHFJPY market this session, Market Energy dropped -30.8% from the previous session, from 87.7% to 56.9%.

Time in Bull Bias energy zone: 1 1H 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

Over the past 5 days, CHFJPY Market Energy ranged from -98.5 to +98.9.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did CHFJPY price and energy show when this 1H candle closed?

When the 1H candle at 05:00 on 23-11-2023 closed, CHFJPY was at 169.048, down 0.1% from the previous candle (169.225). Market Energy was 56.9%, down 30.8 points from 87.7%, 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 1H candle, and how large is that historically?

CHFJPY closed at 169.048, down 0.1% from the previous 1H candle (169.225). This drop is larger than 81% of past drops on the 1H timeframe for CHFJPY, across 30,556 candles since 2019.

How did CHFJPY Market Energy change from the previous candle?

Market Energy fell 30.8 percentage points from the previous candle — from 87.7% to 56.9%. This drop is larger than 86% of past drops on the 1H 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 1H candle?

The previous 1H candle had CHFJPY at 87.7%, 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 56.9%, CHFJPY is 3.11 points from the upper boundary of Bull Bias (60%) and 36.01 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 Bias with energy 21%; GER40 (European equities) in Neutral with energy 10.1%. Against this backdrop, CHFJPY (Bull Bias, 56.9%) has higher energy than GER40; sits in the same state zone as SPX500.

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 58.9%. CHFJPY (Bull Bias) and DXY currently sit on the same Bull side.

Real-time Energy Chart

See the real-time energy chart for CHFJPY.

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 CHFJPY on the CHFJPY overview →

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