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| Price | ▼ 0.00% | ▲ 0.02% | ▲ 0.06% | ▼ 0.16% |
| Energy | ▲ 2.5 | ▲ 24.8 | ▲ 29.9 | ▼ 53.0 |
Trend of Bear Bias EURCAD 1H
▸When EURCAD is in Bear Bias:
- then EURCAD moved to higher Market State: 3,195 times — 70.6%
- then EURCAD moved to lower Market State: 1,329 times — 29.4%
▸Current EURCAD market energy: -29.22%
- Distance to upper bound of Bear Bias (at -20.88%): 8.34%
- Distance to lower bound of Bear Bias (at -60%): 30.78%
"To truly understand anything, study its history" — 2AITRADING
Reading from the 1H candle, EURCAD reflects the Bear Bias state.
On the energy side, Market Energy moved from 23.8% to -29.2%, down -53% from the previous candle.
Time in Bear Bias energy zone: 1 1H 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 -63.6 to +51.6.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EURCAD price and energy show when this 1H candle closed?
When the 1H candle at 15:00 on 03-04-2018 closed, EURCAD was at 1.5851, down 0.16% from the previous candle (1.5876). Market Energy was -29.2%, down 53.0 points from 23.8%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did EURCAD price move on this 1H candle, and how large is that historically?
EURCAD closed at 1.5851, down 0.16% from the previous 1H candle (1.5876).
How did EURCAD Market Energy change from the previous candle?
Market Energy fell 53 percentage points from the previous candle — from 23.8% to -29.2%.
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 1H candle?
The previous 1H candle had EURCAD at 23.8%, Bull Bias — when this candle closed, EURCAD moved down to a lower zone: Bull Bias → Bear Bias.
Where does EURCAD energy sit within the Bear Bias zone?
At -29.2%, EURCAD is 8.34 points from the upper boundary of Bear Bias (-20.88%) and 30.78 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 Bear Bias with energy -23.3%; GER40 (European equities) in Bear Extreme with energy -96.6%. Against this backdrop, EURCAD (Bear Bias, -29.2%) has higher energy than GER40; sits in the same state zone as SPX500.
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 Critical with Market Energy 69.8%. EURCAD (Bear Bias) 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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