Analysis

·

Candle close
Price and energy
CHFJPY from 169.887 to 169.852, down 0.02%
Market Energy Neutral 10.7% to Neutral 16.4%, up 5.7 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▼ 0.46%▼ 0.22%▲ 0.30%▼ 0.02%
Energy▼ 28.5▼ 74.1▲ 15.4▲ 5.7
Volatility trend chart · last 4 sessions
▼ 0.46%▼ 0.22%▲ 0.30%▼ 0.02%▼ 28.5▼ 74.1▲ 15.4▲ 5.7
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.02% — higher than 25% of past drops
0%255075100%
Energy up 5.7 pts — higher than 35% of past rises
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: 16.45%

  • Distance to upper bound of Neutral (at 20.88%): 4.43%
  • Distance to lower bound of Neutral (at -20.88%): 37.33%

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

CHFJPY · H1 · 2024-08-06 03:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
10.7%
Neutral
16.4%
Neutral
16.8%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Reading from the 1H candle, CHFJPY within the Neutral zone.

The market energy reading Market Energy reading rose +5.7%, moving from 10.7% to 16.4% after the 1H candle.

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 -74.7 to +99.9.

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 10:00 on 06-08-2024 closed, CHFJPY was at 169.852, down 0.02% from the previous candle (169.887). Market Energy was 16.4%, up 5.7 points from 10.7%, 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 169.852, down 0.02% from the previous 1H candle (169.887). This drop is larger than 25% of past drops on the 1H timeframe for CHFJPY, across 34,906 candles since 2019.

How did CHFJPY Market Energy change from the previous candle?

Market Energy rose 5.7 percentage points from the previous candle — from 10.7% to 16.4%. This rise is larger than 35% of past rises on the 1H timeframe for CHFJPY.

Do CHFJPY price and energy agree?

No. This candle recorded a price decline with energy moving the other way. 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 10.7%, Neutral — this candle kept the same state, no zone change.

Where does CHFJPY energy sit within the Neutral zone?

At 16.4%, CHFJPY is 4.43 points from the upper boundary of Neutral (20.88%) and 37.33 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 Bull Bias with energy 49.6%; GER40 (European equities) in Bull Critical with energy 69.5%. Against this backdrop, CHFJPY (Neutral, 16.4%) 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 30.8%. CHFJPY energy is currently below DXY by 14.4 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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