Analysis

·

Candle close
Price and energy
CHFJPY from 179.1235 to 178.982, down 0.08%
Market Energy Bull Extreme 77.2% to Bull Bias 54.5%, down 22.8 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.08%▲ 0.00%▲ 0.16%▼ 0.08%
Energy▼ 11.8▼ 9.0▲ 70.7▼ 22.8
Volatility trend chart · last 4 sessions
▼ 0.08%▲ 0.00%▲ 0.16%▼ 0.08%▼ 11.8▼ 9.0▲ 70.7▼ 22.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.08% — higher than 72% of past drops
0%255075100%
Energy down 22.8 pts — higher than 79% of past drops
RESEARCH

Trend of Bull Bias CHFJPY 1H

Sample: 58,557 1H candles from 2017-05-01 to 2026-10-07
Number of Bull Bias occurrences: 4,825 times

▸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: 54.46%

  • Distance to upper bound of Bull Bias (at 60%): 5.54%
  • Distance to lower bound of Bull Bias (at 20.88%): 33.58%

"Let data guide you, but never trust it completely" — 2AITRADING

CHFJPY · H1 · 2024-06-28 01:00 UTC
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Market Energy
77.2%
Bull Extreme
54.5%
Bull Bias
34.9%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

After the 1H candle closes, CHFJPY noted at the Bull Bias zone.

Market trend energy Compared to the previous candle (77.2%), Market Energy dropped -22.8% to 54.5%.

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 -66.4 to +97.1.

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 08:00 on 28-06-2024 closed, CHFJPY was at 178.982, down 0.08% from the previous candle (179.1235). Market Energy was 54.5%, down 22.8 points from 77.2%, 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 178.982, down 0.08% from the previous 1H candle (179.1235). This drop is larger than 72% of past drops on the 1H timeframe for CHFJPY, across 34,256 candles since 2019.

How did CHFJPY Market Energy change from the previous candle?

Market Energy fell 22.8 percentage points from the previous candle — from 77.2% to 54.5%. This drop is larger than 79% 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 77.2%, 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 54.5%, CHFJPY is 5.54 points from the upper boundary of Bull Bias (60%) and 33.58 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 Critical with energy 70.7%; GER40 (European equities) in Bull Bias with energy 41.6%. Against this backdrop, CHFJPY (Bull Bias, 54.5%) lower than SPX500; sits in the same state zone as 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 45.1%. 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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