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Trend of Bull Bias EURCAD Daily
▸When EURCAD is in Bull Bias:
- then EURCAD moved to higher Market State: 84 times — 25.7%
- then EURCAD moved to lower Market State: 243 times — 74.3%
▸Current EURCAD market energy: 27.65%
- Distance to upper bound of Bull Bias (at 60%): 32.35%
- Distance to lower bound of Bull Bias (at 20.88%): 6.77%
"Let data guide you, but never trust it completely" — 2AITRADING
The system just recorded EURCAD in the Bull Bias zone after the Daily candle closed.
Per the 2AI model, Market Energy at 27.7%, down -8.4% from 36.1% in the previous candle.
Time in Bull Bias energy zone: 3 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 -2.8 to +36.1.
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 24-05-2013 closed, EURCAD was in Bull Bias with Market Energy 27.7%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did EURCAD Market Energy change from the previous candle?
Market Energy fell 8.4 percentage points from the previous candle — from 36.1% to 27.7%.
What state was EURCAD in on the previous Daily candle?
The previous Daily candle had EURCAD at 36.1%, Bull Bias — this candle kept the same state, no zone change.
Where does EURCAD energy sit within the Bull Bias zone?
At 27.7%, EURCAD is 32.35 points from the upper boundary of Bull Bias (60%) and 6.77 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 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 57.2%. EURCAD (Bull Bias) and DXY currently sit on the same Bull side.
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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