Analysis

·

Candle close
Price and energy
EURAUD from 1.6573 to 1.6607, up 0.21%
Market Energy Bull Critical 70.3% to Bull Extreme 84.1%, up 13.9 pts
Up candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.09%▲ 0.12%▲ 0.46%▲ 0.21%
Energy▲ 1.9▲ 36.3▲ 68.5▲ 13.9
Volatility trend chart · last 4 sessions
▼ 0.09%▲ 0.12%▲ 0.46%▲ 0.21%▲ 1.9▲ 36.3▲ 68.5▲ 13.9
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.21% — higher than 94% of past rises
0%255075100%
Energy up 13.9 pts — higher than 65% of past rises
RESEARCH

Trend of Bull Extreme EURAUD 1H

Sample: 58,538 1H candles from 2017-05-01 to 2026-10-08
Number of Bull Extreme occurrences: 704 times

▸When EURAUD is in Bull Extreme:

  • then EURAUD moved to higher Market State: 0 times — 0%
  • then EURAUD moved to lower Market State: 704 times — 100%

▸Current EURAUD market energy: 84.15%

  • Distance to peak 100%: 15.85%
  • Distance to lower bound of Bull Extreme (at 74.5%): 9.65%

"A person's history reveals more than you might think" — 2AITRADING

EURAUD · H1 · 2024-09-06 15:00 UTC
Preview the last 30 candles — price and energy
View live EURAUD chart →
Market Energy
70.3%
Bull Critical
84.1%
Bull Extreme
86.0%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

With the 1H candle just closed, EURAUD in the extreme Bull energy state.

On the 2AiTrading energy system, Market Energy at 84.1%, up +13.9% from 70.3% in the previous candle.

Time in Bull Extreme 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, EURAUD Market Energy ranged from -57.2 to +95.5.

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 22:00 on 06-09-2024 closed, EURAUD was at 1.6607, up 0.21% from the previous candle (1.6573). Market Energy was 84.1%, up 13.9 points from 70.3%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

How much did EURAUD price move on this 1H candle, and how large is that historically?

EURAUD closed at 1.6607, up 0.21% from the previous 1H candle (1.6573). This rise is larger than 94% of past rises on the 1H timeframe for EURAUD, across 35,412 candles since 2019.

How did EURAUD Market Energy change from the previous candle?

Market Energy rose 13.9 percentage points from the previous candle — from 70.3% to 84.1%. This rise is larger than 65% 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 70.3%, Bull Critical — when this candle closed, EURAUD moved up to a higher zone: Bull Critical → Bull Extreme.

Where does EURAUD energy sit within the Bull Extreme zone?

At 84.1%, EURAUD is 15.85 points from the upper boundary of Bull Extreme (100%) and 9.65 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bull Extreme mean?

Bull Extreme 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 Extreme 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 Extreme with energy -93.7%; GER40 (European equities) in Bear Extreme with energy -96.7%. Against this backdrop, EURAUD (Bull Extreme, 84.1%) 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 Bias with Market Energy 29.1%. EURAUD (Bull Extreme) 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 →

To jump to a symbol you're interested in, click .