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Trend of Bear Bias EURCAD Daily
▸When EURCAD is in Bear Bias:
- then EURCAD moved to higher Market State: 245 times — 76.6%
- then EURCAD moved to lower Market State: 75 times — 23.4%
▸Current EURCAD market energy: -38.86%
- Distance to upper bound of Bear Bias (at -20.88%): 17.98%
- Distance to lower bound of Bear Bias (at -60%): 21.14%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
From the just-closed Daily candle data, EURCAD in the Bear Bias energy zone.
Observing the EURCAD market this session, Market Energy dropped -31.9% from the previous candle, from -7% to -38.9%.
Time in Bear Bias energy zone: 1 Daily 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, EURCAD Market Energy ranged from -38.9 to -7.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was EURCAD on Daily when this candle closed?
When the Daily candle at 07:00 on 25-03-2013 closed, EURCAD was in Bear Bias with Market Energy -38.9%, controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How did EURCAD Market Energy change from the previous candle?
Market Energy fell 31.9 percentage points from the previous candle — from -7% to -38.9%.
What state was EURCAD in on the previous Daily candle?
The previous Daily candle had EURCAD at -7%, Neutral — when this candle closed, EURCAD moved down to a lower zone: Neutral → Bear Bias.
Where does EURCAD energy sit within the Bear Bias zone?
At -38.9%, EURCAD is 17.98 points from the upper boundary of Bear Bias (-20.88%) and 21.14 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 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 -12%. EURCAD energy is currently below DXY by 26.8 points.
See the real-time energy chart for EURCAD.
Open Energy ChartSee the full 2AiTrading Model data for EURCAD on the EURCAD overview →
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