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Trend of Neutral EURAUD Weekly
▸When EURAUD is in Neutral:
- then EURAUD moved to higher Market State: 36 times — 48%
- then EURAUD moved to lower Market State: 39 times — 52%
▸Current EURAUD market energy: -0.53%
- Distance to upper bound of Neutral (at 20.88%): 21.41%
- Distance to lower bound of Neutral (at -20.88%): 20.35%
"To truly understand anything, study its history" — 2AITRADING
Observing the completed Weekly candle, Result for EURAUD: Neutral.
The EURAUD market at session end, Market Energy dropped -8.8% this candle, currently -0.5% (previous candle 8.2%).
Time in Neutral energy zone: 6 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.
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What state was EURAUD on Weekly when this candle closed?
When the Weekly candle at 07:00 on 19-02-2024 closed, EURAUD was in Neutral with Market Energy -0.5%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did EURAUD Market Energy change from the previous candle?
Market Energy fell 8.8 percentage points from the previous candle — from 8.2% to -0.5%.
What state was EURAUD in on the previous Weekly candle?
The previous Weekly candle had EURAUD at 8.2%, Neutral — this candle kept the same state, no zone change.
Where does EURAUD energy sit within the Neutral zone?
At -0.5%, EURAUD is 21.41 points from the upper boundary of Neutral (20.88%) and 20.35 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 Bear Bias with energy -49.9%; GER40 (European equities) in Bear Bias with energy -45%. Against this backdrop, EURAUD (Neutral, -0.5%) 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 Bear Bias with Market Energy -52.8%. EURAUD energy is currently above DXY by 52.2 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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