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| Price | ▼ 0.94% | ▲ 0.86% | ▲ 0.15% | ▲ 0.78% |
| Energy | ▼ 36.9 | ▲ 18.6 | ▲ 9.8 | ▲ 17.9 |
Trend of Bull Bias EURAUD Daily
▸When EURAUD is in Bull Bias:
- then EURAUD moved to higher Market State: 96 times — 29%
- then EURAUD moved to lower Market State: 235 times — 71%
▸Current EURAUD market energy: 29.62%
- Distance to upper bound of Bull Bias (at 60%): 30.38%
- Distance to lower bound of Bull Bias (at 20.88%): 8.74%
"A person's history reveals more than you might think" — 2AITRADING
Following the completion of the Daily candle, Result for EURAUD: the energy zone tilted toward Bull.
Market energy movement Market Energy moved from 11.7% to 29.6%, up +17.9% from the previous candle.
Time in Bull Bias energy zone: 1 Daily 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, EURAUD Market Energy ranged from -16.7 to +29.6.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EURAUD price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 06-04-2023 closed, EURAUD was at 1.6361, up 0.78% from the previous candle (1.6234). Market Energy was 29.6%, up 17.9 points from 11.7%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did EURAUD price move on this Daily candle, and how large is that historically?
EURAUD closed at 1.6361, up 0.78% from the previous Daily candle (1.6234). This rise is larger than 88% of past rises on the Daily timeframe for EURAUD, across 1,332 candles since 2019.
How did EURAUD Market Energy change from the previous candle?
Market Energy rose 17.9 percentage points from the previous candle — from 11.7% to 29.6%. This rise is larger than 69% of past rises on the Daily timeframe for EURAUD.
Do EURAUD price and energy agree?
Yes. On this candle price rose and energy rose — both moved the same way. This describes a closed candle, not a forecast of where price goes next.
What state was EURAUD in on the previous Daily candle?
The previous Daily candle had EURAUD at 11.7%, Neutral — when this candle closed, EURAUD moved up to a higher zone: Neutral → Bull Bias.
Where does EURAUD energy sit within the Bull Bias zone?
At 29.6%, EURAUD is 30.38 points from the upper boundary of Bull Bias (60%) and 8.74 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Bear Bias with energy -29.7%; GER40 (European equities) in Bear Bias with energy -25.3%. Against this backdrop, EURAUD (Bull Bias, 29.6%) 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 Critical with Market Energy 62.3%. EURAUD (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for EURAUD.
Open Energy ChartSee the full 2AiTrading Model data for EURAUD on the EURAUD overview →
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