·
| Price | ▲ 0.02% | ▲ 0.02% | ▼ 0.05% | ▲ 0.02% |
| Energy | ▼ 1.2 | ▲ 0.4 | ▼ 11.4 | ▼ 7.5 |
Trend of Bull Bias CHFJPY 1H
▸When CHFJPY is in Bull Bias:
- then CHFJPY moved to higher Market State: 1,844 times — 38.2%
- then CHFJPY moved to lower Market State: 2,981 times — 61.8%
▸Current CHFJPY market energy: 46.12%
- Distance to upper bound of Bull Bias (at 60%): 13.88%
- Distance to lower bound of Bull Bias (at 20.88%): 25.24%
"History always repeats itself, one way or another" — 2AITRADING
The Bull Bias energy state recorded from just-completed 1H candle data for CHFJPY.
Looking at the energy level, Market trend energy recorded a -7.5% drop from the previous candle, from 53.6% to 46.1%.
Time in Bull Bias energy zone: 2 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, CHFJPY Market Energy ranged from -44.4 to +95.6.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did CHFJPY price and energy show when this 1H candle closed?
When the 1H candle at 04:00 on 09-05-2024 closed, CHFJPY was at 171.276, up 0.02% from the previous candle (171.235). Market Energy was 46.1%, down 7.5 points from 53.6%, 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 171.276, up 0.02% from the previous 1H candle (171.235). This rise is larger than 28% of past rises on the 1H timeframe for CHFJPY, across 33,388 candles since 2019.
How did CHFJPY Market Energy change from the previous candle?
Market Energy fell 7.5 percentage points from the previous candle — from 53.6% to 46.1%. This drop is larger than 44% of past drops on the 1H timeframe for CHFJPY.
Do CHFJPY price and energy agree?
No. On this candle price rose but energy fell — the two moved in opposite directions. This describes a closed candle, not a forecast of where price goes next.
What state was CHFJPY in on the previous 1H candle?
The previous 1H candle had CHFJPY at 53.6%, Bull Bias — this candle kept the same state, no zone change.
Where does CHFJPY energy sit within the Bull Bias zone?
At 46.1%, CHFJPY is 13.88 points from the upper boundary of Bull Bias (60%) and 25.24 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 34.8%; GER40 (European equities) in Neutral with energy 18.9%. Against this backdrop, CHFJPY (Bull Bias, 46.1%) 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 Bear Bias with Market Energy -31.1%. CHFJPY (Bull Bias) and DXY currently sit on opposite sides.
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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