·
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: 47.87%
- Distance to upper bound of Bull Bias (at 60%): 12.13%
- Distance to lower bound of Bull Bias (at 20.88%): 26.99%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
Observing the completed Weekly candle, Result for EURAUD: the Bull Bias energy zone.
Looking at the Market Energy reading, Market Energy reading rose +4.8%, moving from 43% to 47.9% after the Weekly candle.
Time in Bull Bias energy zone: 5 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 state was EURAUD on Weekly when this candle closed?
When the Weekly candle at 07:00 on 24-07-2023 closed, EURAUD was in Bull Bias with Market Energy 47.9%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did EURAUD Market Energy change from the previous candle?
Market Energy rose 4.8 percentage points from the previous candle — from 43% to 47.9%.
What state was EURAUD in on the previous Weekly candle?
The previous Weekly candle had EURAUD at 43%, Bull Bias — this candle kept the same state, no zone change.
Where does EURAUD energy sit within the Bull Bias zone?
At 47.9%, EURAUD is 12.13 points from the upper boundary of Bull Bias (60%) and 26.99 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 Critical with energy -72%; GER40 (European equities) in Bull Bias with energy 36.2%. Against this backdrop, EURAUD (Bull Bias, 47.9%) has higher energy than SPX500; sits in the same state zone as 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 30.5%. EURAUD (Bull Bias) and DXY currently sit on the same Bull side.
See the real-time energy chart for EURAUD.
Open Energy ChartSee the full 2AiTrading Model data for EURAUD on the EURAUD overview →
To jump to a symbol you're interested in, click .