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| Price | ▼ 0.60% | ▲ 0.47% | ▲ 0.05% | ▼ 0.04% |
| Energy | ▼ 27.4 | ▲ 4.5 | ▼ 4.2 | ▼ 9.5 |
Trend of Neutral EURCAD Daily
▸When EURCAD is in Neutral:
- then EURCAD moved to higher Market State: 244 times — 50.3%
- then EURCAD moved to lower Market State: 241 times — 49.7%
▸Current EURCAD market energy: 13.1%
- Distance to upper bound of Neutral (at 20.88%): 7.78%
- Distance to lower bound of Neutral (at -20.88%): 33.98%
"Does history really repeat itself?" — 2AITRADING
As the Daily session concludes, Market EURCAD in the balanced Market Energy state.
The energy side shows Market Energy reading dropped -9.5%, moving from 22.6% to 13.1% after the Daily candle.
Time in Neutral 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 +13.1 to +49.7.
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 12-06-2018 closed, EURCAD was at 1.5285, down 0.04% from the previous candle (1.5291). Market Energy was 13.1%, down 9.5 points from 22.6%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did EURCAD price move on this Daily candle, and how large is that historically?
EURCAD closed at 1.5285, down 0.04% from the previous Daily candle (1.5291).
How did EURCAD Market Energy change from the previous candle?
Market Energy fell 9.5 percentage points from the previous candle — from 22.6% to 13.1%.
Do EURCAD price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes the candle that just closed; it does not say where price goes next.
What state was EURCAD in on the previous Daily candle?
The previous Daily candle had EURCAD at 22.6%, Bull Bias — when this candle closed, EURCAD moved down to a lower zone: Bull Bias → Neutral.
Where does EURCAD energy sit within the Neutral zone?
At 13.1%, EURCAD is 7.78 points from the upper boundary of Neutral (20.88%) and 33.98 points from the lower boundary (-20.88%) — so energy sits closer to the upper 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 -53.4%; GER40 (European equities) in Bull Extreme with energy 88.3%. Against this backdrop, EURCAD (Neutral, 13.1%) 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 Bear Bias with Market Energy -24.7%. EURCAD energy is currently above DXY by 37.8 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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