Analysis

·

Candle close
Price and energy
EURAUD from 1.6534 to 1.6554, up 0.12%
Market Energy Bull Bias 35.1% to Bull Bias 57.9%, up 22.8 pts
Up candle #4 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.07%▲ 0.01%▲ 0.01%▲ 0.12%
Energy▲ 20.7▲ 7.7▲ 1.7▲ 22.8
Volatility trend chart · last 4 sessions
▲ 0.07%▲ 0.01%▲ 0.01%▲ 0.12%▲ 20.7▲ 7.7▲ 1.7▲ 22.8
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.12% — higher than 82% of past rises
0%255075100%
Energy up 22.8 pts — higher than 81% of past rises
RESEARCH

Trend of Bull Bias EURAUD 1H

Sample: 58,520 1H candles from 2017-05-01 to 2026-10-08
Number of Bull Bias occurrences: 4,505 times

▸When EURAUD is in Bull Bias:

  • then EURAUD moved to higher Market State: 1,294 times — 28.7%
  • then EURAUD moved to lower Market State: 3,211 times — 71.3%

▸Current EURAUD market energy: 57.88%

  • Distance to upper bound of Bull Bias (at 60%): 2.12%
  • Distance to lower bound of Bull Bias (at 20.88%): 37%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

EURAUD · H1 · 2024-03-21 14:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
35.1%
Bull Bias
57.9%
Bull Bias
34.4%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

As the 1H candle completes, EURAUD classified as Bull Bias.

Market movement after the 1H candle closes, Market Energy rose +22.8% from the previous session, from 35.1% to 57.9%.

Time in Bull Bias energy zone: 4 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, EURAUD Market Energy ranged from -90.5 to +91.8.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did EURAUD price and energy show when this 1H candle closed?

When the 1H candle at 21:00 on 21-03-2024 closed, EURAUD was at 1.6554, up 0.12% from the previous candle (1.6534). Market Energy was 57.9%, up 22.8 points from 35.1%, 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 1H candle, and how large is that historically?

EURAUD closed at 1.6554, up 0.12% from the previous 1H candle (1.6534). This rise is larger than 82% of past rises on the 1H timeframe for EURAUD, across 32,507 candles since 2019.

How did EURAUD Market Energy change from the previous candle?

Market Energy rose 22.8 percentage points from the previous candle — from 35.1% to 57.9%. This rise is larger than 81% of past rises on the 1H 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 1H candle?

The previous 1H candle had EURAUD at 35.1%, Bull Bias — this candle kept the same state, no zone change.

Where does EURAUD energy sit within the Bull Bias zone?

At 57.9%, EURAUD is 2.12 points from the upper boundary of Bull Bias (60%) and 37 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 49.1%; GER40 (European equities) in Bull Bias with energy 25%. Against this backdrop, EURAUD (Bull Bias, 57.9%) sits in the same state zone as 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 96.2%. EURAUD (Bull Bias) and DXY currently sit on the same Bull side.

Real-time Energy Chart

See the real-time energy chart for EURAUD.

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 EURAUD on the EURAUD overview →

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