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| Price | ▼ 0.09% | ▲ 0.06% | ▼ 0.38% | ▼ 0.64% |
| Energy | ▼ 12.3 | ▲ 3.3 | ▼ 12.0 | ▼ 25.7 |
Trend of Bear Critical EURCAD Daily
▸When EURCAD is in Bear Critical:
- then EURCAD moved to higher Market State: 69 times — 75.8%
- then EURCAD moved to lower Market State: 22 times — 24.2%
▸Current EURCAD market energy: -60.49%
- Distance to upper bound of Bear Critical (at -60%): 0.49%
- Distance to lower bound of Bear Critical (at -74.5%): 14.01%
"To truly understand anything, study its history" — 2AITRADING
Reading from the Daily candle, EURCAD in Bear Critical.
The energy side shows Market Energy reading dropped -25.7%, moving from -34.8% to -60.5% after the Daily candle.
Time in Bear Critical 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 -60.5 to -13.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EURCAD price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 01-05-2018 closed, EURCAD was at 1.5409, down 0.64% from the previous candle (1.5508). Market Energy was -60.5%, down 25.7 points from -34.8%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.
How much did EURCAD price move on this Daily candle, and how large is that historically?
EURCAD closed at 1.5409, down 0.64% from the previous Daily candle (1.5508).
How did EURCAD Market Energy change from the previous candle?
Market Energy fell 25.7 percentage points from the previous candle — from -34.8% to -60.5%.
Do EURCAD price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.
What state was EURCAD in on the previous Daily candle?
The previous Daily candle had EURCAD at -34.8%, Bear Bias — when this candle closed, EURCAD moved down to a lower zone: Bear Bias → Bear Critical.
Where does EURCAD energy sit within the Bear Critical zone?
At -60.5%, EURCAD is 0.49 points from the upper boundary of Bear Critical (-60%) and 14.01 points from the lower boundary (-74.5%) — so energy sits closer to the upper boundary at candle close.
What does Bear Critical mean?
Bear Critical 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 Critical 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 Extreme with energy -85.3%; GER40 (European equities) in Neutral with energy -20.5%. Against this backdrop, EURCAD (Bear Critical, -60.5%) has higher energy than SPX500; lower than 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 Extreme with Market Energy 81.3%. EURCAD (Bear Critical) and DXY currently sit on opposite sides.
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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