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| Price | ▼ 0.66% | ▲ 0.12% | ▲ 0.00% | ▼ 0.41% |
| Energy | ▼ 15.4 | ▼ 5.5 | ▼ 0.3 | ▼ 7.8 |
Trend of Bear Bias EURAUD Weekly
▸When EURAUD is in Bear Bias:
- then EURAUD moved to higher Market State: 38 times — 82.6%
- then EURAUD moved to lower Market State: 8 times — 17.4%
▸Current EURAUD market energy: -34.36%
- Distance to upper bound of Bear Bias (at -20.88%): 13.48%
- Distance to lower bound of Bear Bias (at -60%): 25.64%
"Does history really repeat itself?" — 2AITRADING
From the just-closed Weekly candle data, EURAUD recorded in the Bear Bias energy zone.
Looking at the energy level, Market Energy dropped -7.8% from the previous session, from -26.6% to -34.4%.
Time in Bear Bias energy zone: 3 Weekly 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 -34.4 to -26.6.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EURAUD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 04-04-2019 closed, EURAUD was at 1.5735, down 0.41% from the previous candle (1.58). Market Energy was -34.4%, down 7.8 points from -26.6%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did EURAUD price move on this Weekly candle, and how large is that historically?
EURAUD closed at 1.5735, down 0.41% from the previous Weekly candle (1.58).
How did EURAUD Market Energy change from the previous candle?
Market Energy fell 7.8 percentage points from the previous candle — from -26.6% to -34.4%. This drop is larger than 63% of past drops on the Weekly 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 Weekly candle?
The previous Weekly candle had EURAUD at -26.6%, Bear Bias — this candle kept the same state, no zone change.
Where does EURAUD energy sit within the Bear Bias zone?
At -34.4%, EURAUD is 13.48 points from the upper boundary of Bear Bias (-20.88%) and 25.64 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 -22%; GER40 (European equities) in Bull Critical with energy 70.5%. Against this backdrop, EURAUD (Bear Bias, -34.4%) lower than GER40; sits in the same state zone as SPX500.
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 Neutral with Market Energy -4.3%. EURAUD energy is currently below DXY by 30.1 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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