·
| Price | ▲ 0.30% | ▼ 0.15% | ▲ 0.43% | ▲ 1.61% |
| Energy | ▲ 24.2 | ▲ 3.4 | ▲ 12.7 | ▲ 44.2 |
Trend of Bull Bias EURCAD Daily
▸When EURCAD is in Bull Bias:
- then EURCAD moved to higher Market State: 84 times — 25.5%
- then EURCAD moved to lower Market State: 245 times — 74.5%
▸Current EURCAD market energy: 55.28%
- Distance to upper bound of Bull Bias (at 60%): 4.72%
- Distance to lower bound of Bull Bias (at 20.88%): 34.4%
"Let data guide you, but never trust it completely" — 2AITRADING
From the just-closed Daily candle data, EURCAD recorded in the Bull trend energy zone.
Meanwhile, Market Energy moved from 11.1% to 55.3%, up +44.2% from the previous candle.
Time in Bull 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 -29.2 to +55.3.
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 29-09-2022 closed, EURCAD was at 1.3442, up 1.61% from the previous candle (1.3229). Market Energy was 55.3%, up 44.2 points from 11.1%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did EURCAD price move on this Daily candle, and how large is that historically?
EURCAD closed at 1.3442, up 1.61% from the previous Daily candle (1.3229). This rise is larger than 99% of past rises on the Daily timeframe for EURCAD, across 1,170 candles since 2019.
How did EURCAD Market Energy change from the previous candle?
Market Energy rose 44.2 percentage points from the previous candle — from 11.1% to 55.3%. This rise is larger than 95% of past rises on the Daily timeframe for EURCAD.
Do EURCAD price and energy agree?
Yes. On this candle price rose and energy rose — 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 11.1%, Neutral — when this candle closed, EURCAD moved up to a higher zone: Neutral → Bull Bias.
Where does EURCAD energy sit within the Bull Bias zone?
At 55.3%, EURCAD is 4.72 points from the upper boundary of Bull Bias (60%) and 34.4 points from the lower boundary (20.88%) — so energy sits closer to the upper 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 are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bull Critical with energy 64%; GER40 (European equities) in Bull Extreme with energy 75.9%. Against this backdrop, EURCAD (Bull Bias, 55.3%) lower 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 Neutral with Market Energy 17.5%. 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 →
To jump to a symbol you're interested in, click .