·
| Price | ▲ 0.52% | ▲ 0.86% | ▼ 0.06% | ▲ 1.15% |
| Energy | ▲ 11.8 | ▲ 25.3 | ▼ 0.9 | ▲ 14.1 |
Trend of Bull Bias EURAUD Weekly
▸When EURAUD is in Bull Bias:
- then EURAUD moved to higher Market State: 9 times — 20%
- then EURAUD moved to lower Market State: 36 times — 80%
▸Current EURAUD market energy: 58.35%
- Distance to upper bound of Bull Bias (at 60%): 1.65%
- Distance to lower bound of Bull Bias (at 20.88%): 37.47%
"Does history really repeat itself?" — 2AITRADING
The Bull Bias level determined for EURAUD through the Weekly candle data.
Market energy movement Market Energy moved from 44.3% to 58.4%, up +14.1% from the previous candle.
Time in Bull 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.
Not enough data in the past 5 days to show a range.
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 26-07-2021 closed, EURAUD was at 1.6163, up 1.15% from the previous candle (1.5979). Market Energy was 58.4%, up 14.1 points from 44.3%, 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 Weekly candle, and how large is that historically?
EURAUD closed at 1.6163, up 1.15% from the previous Weekly candle (1.5979). This rise is larger than 84% of past rises on the Weekly timeframe for EURAUD, across 169 candles since 2019.
How did EURAUD Market Energy change from the previous candle?
Market Energy rose 14.1 percentage points from the previous candle — from 44.3% to 58.4%. This rise is larger than 62% of past rises on the Weekly timeframe for EURAUD.
Do EURAUD price and energy agree?
Yes. Both price and energy moved up on this candle. 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 44.3%, Bull Bias — this candle kept the same state, no zone change.
Where does EURAUD energy sit within the Bull Bias zone?
At 58.4%, EURAUD is 1.65 points from the upper boundary of Bull Bias (60%) and 37.47 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 Bear Bias with energy -39%; GER40 (European equities) in Bear Bias with energy -59%. Against this backdrop, EURAUD (Bull Bias, 58.4%) 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 Neutral with Market Energy 17%. EURAUD energy is currently above DXY by 41.4 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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