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| Price | ▲ 0.00% | ▲ 0.05% | ▼ 0.11% | ▼ 0.02% |
| Energy | ▲ 15.4 | ▲ 17.6 | ▼ 32.6 | ▼ 23.6 |
Trend of Neutral EURAUD 1H
▸When EURAUD is in Neutral:
- then EURAUD moved to higher Market State: 3,060 times — 49.1%
- then EURAUD moved to lower Market State: 3,178 times — 50.9%
▸Current EURAUD market energy: -4.66%
- Distance to upper bound of Neutral (at 20.88%): 25.54%
- Distance to lower bound of Neutral (at -20.88%): 16.22%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
Reading from the 1H candle, EURAUD in the Neutral zone.
On trend energy, Market Energy at -4.7%, down -23.6% from 18.9% in the previous candle.
Time in Neutral energy zone: 2 1H 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 -89.1 to +51.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EURAUD price and energy show when this 1H candle closed?
When the 1H candle at 00:00 on 07-05-2024 closed, EURAUD was at 1.6256, down 0.02% from the previous candle (1.6259). Market Energy was -4.7%, down 23.6 points from 18.9%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did EURAUD price move on this 1H candle, and how large is that historically?
EURAUD closed at 1.6256, down 0.02% from the previous 1H candle (1.6259). This drop is larger than 20% of past drops on the 1H timeframe for EURAUD, across 33,278 candles since 2019.
How did EURAUD Market Energy change from the previous candle?
Market Energy fell 23.6 percentage points from the previous candle — from 18.9% to -4.7%. This drop is larger than 83% of past drops on the 1H timeframe for EURAUD.
Do EURAUD price and energy agree?
Yes. On this candle price fell and energy fell — 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 18.9%, Neutral — this candle kept the same state, no zone change.
Where does EURAUD energy sit within the Neutral zone?
At -4.7%, EURAUD is 25.54 points from the upper boundary of Neutral (20.88%) and 16.22 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Extreme with energy 86.5%; GER40 (European equities) in Bull Extreme with energy 89.8%. Against this backdrop, EURAUD (Neutral, -4.7%) 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 Bear Bias with Market Energy -25.8%. EURAUD energy is currently above DXY by 21.1 points.
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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