·
| Price | ▲ 0.03% | ▲ 0.13% | ▲ 0.90% | ▼ 0.34% |
| Energy | ▲ 1.6 | ▲ 6.7 | ▲ 32.4 | ▼ 5.8 |
Trend of Bull Critical EURCAD Daily
▸When EURCAD is in Bull Critical:
- then EURCAD moved to higher Market State: 22 times — 22.7%
- then EURCAD moved to lower Market State: 75 times — 77.3%
▸Current EURCAD market energy: 67.34%
- Distance to upper bound of Bull Critical (at 74.5%): 7.16%
- Distance to lower bound of Bull Critical (at 60%): 7.34%
"History always repeats itself, one way or another" — 2AITRADING
EURCAD processing result: the Bull Critical zone after the Daily candle closed.
Looking at the energy level, Market Energy moved from 73.2% to 67.3%, down -5.8% from the previous candle.
Time in Bull 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 +32.6 to +73.2.
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 15-11-2023 closed, EURCAD was at 1.4852, down 0.34% from the previous candle (1.4902). Market Energy was 67.3%, down 5.8 points from 73.2%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did EURCAD price move on this Daily candle, and how large is that historically?
EURCAD closed at 1.4852, down 0.34% from the previous Daily candle (1.4902). This drop is larger than 66% of past drops on the Daily timeframe for EURCAD, across 1,522 candles since 2019.
How did EURCAD Market Energy change from the previous candle?
Market Energy fell 5.8 percentage points from the previous candle — from 73.2% to 67.3%. This drop is larger than 33% of past drops on the Daily timeframe for EURCAD.
Do EURCAD price and energy agree?
Yes. Both price and energy moved down on this candle. 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 73.2%, Bull Critical — this candle kept the same state, no zone change.
Where does EURCAD energy sit within the Bull Critical zone?
At 67.3%, EURCAD is 7.16 points from the upper boundary of Bull Critical (74.5%) and 7.34 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.
What does Bull Critical mean?
Bull 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 Bull 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 Bull Extreme with energy 78.7%; GER40 (European equities) in Bull Critical with energy 73.6%. Against this backdrop, EURCAD (Bull Critical, 67.3%) lower than SPX500; sits in the same state zone as 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 Extreme with Market Energy -99%. EURCAD (Bull 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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