Analysis

·

Candle close
Price and energy
CHFJPY from 172.383 to 172.332, down 0.03%
Market Energy Neutral 14.8% to Neutral 4.9%, down 9.9 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.04%▼ 0.03%▲ 0.02%▼ 0.03%
Energy▼ 10.8▼ 24.1▼ 2.3▼ 9.9
Volatility trend chart · last 4 sessions
▼ 0.04%▼ 0.03%▲ 0.02%▼ 0.03%▼ 10.8▼ 24.1▼ 2.3▼ 9.9
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.03% — higher than 35% of past drops
0%255075100%
Energy down 9.9 pts — higher than 53% of past drops
RESEARCH

Trend of Neutral CHFJPY 1H

Sample: 58,564 1H candles from 2017-05-01 to 2026-10-08
Number of Neutral occurrences: 5,135 times

▸When CHFJPY is in Neutral:

  • then CHFJPY moved to higher Market State: 2,649 times — 51.6%
  • then CHFJPY moved to lower Market State: 2,486 times — 48.4%

▸Current CHFJPY market energy: 4.92%

  • Distance to upper bound of Neutral (at 20.88%): 15.96%
  • Distance to lower bound of Neutral (at -20.88%): 25.8%

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

CHFJPY · H1 · 2024-05-29 04:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
14.8%
Neutral
4.9%
Neutral
-15.3%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

After the system processes the 1H candle, CHFJPY reflects the Neutral energy zone.

End-of-session update for 1H, Compared to the previous candle (14.8%), Market Energy dropped -9.9% to 4.9%.

Time in Neutral energy zone: 3 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 -40.3 to +97.8.

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 11:00 on 29-05-2024 closed, CHFJPY was at 172.332, down 0.03% from the previous candle (172.383). Market Energy was 4.9%, down 9.9 points from 14.8%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

How much did CHFJPY price move on this 1H candle, and how large is that historically?

CHFJPY closed at 172.332, down 0.03% from the previous 1H candle (172.383). This drop is larger than 35% of past drops on the 1H timeframe for CHFJPY, across 33,731 candles since 2019.

How did CHFJPY Market Energy change from the previous candle?

Market Energy fell 9.9 percentage points from the previous candle — from 14.8% to 4.9%. This drop is larger than 53% of past drops on the 1H timeframe for CHFJPY.

Do CHFJPY price and energy agree?

Yes. Both price and energy moved down on this candle. 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 14.8%, Neutral — this candle kept the same state, no zone change.

Where does CHFJPY energy sit within the Neutral zone?

At 4.9%, CHFJPY is 15.96 points from the upper boundary of Neutral (20.88%) and 25.8 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.

What does Neutral mean?

Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Neutral 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 Bias with energy -49.4%; GER40 (European equities) in Bear Critical with energy -60.9%. Against this backdrop, CHFJPY (Neutral, 4.9%) 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 Extreme with Market Energy 77.4%. CHFJPY energy is currently below DXY by 72.5 points.

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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