·
Trend of Bull Bias EURCAD 1H
▸When EURCAD is in Bull Bias:
- then EURCAD moved to higher Market State: 1,268 times — 29.3%
- then EURCAD moved to lower Market State: 3,061 times — 70.7%
▸Current EURCAD market energy: 56.86%
- Distance to upper bound of Bull Bias (at 60%): 3.14%
- Distance to lower bound of Bull Bias (at 20.88%): 35.98%
"Let data guide you, but never trust it completely" — 2AITRADING
EURCAD processing result: the Bull trend energy zone after the 1H candle closed.
On the measurement side, Market Energy rose +2.3% this candle, currently 56.9% (previous candle 54.5%).
Time in Bull Bias energy zone: 6 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 -92.9 to +83.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was EURCAD on 1H when this candle closed?
When the 1H candle at 08:00 on 14-05-2018 closed, EURCAD was in Bull Bias with Market Energy 56.9%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did EURCAD Market Energy change from the previous candle?
Market Energy rose 2.3 percentage points from the previous candle — from 54.5% to 56.9%.
What state was EURCAD in on the previous 1H candle?
The previous 1H candle had EURCAD at 54.5%, Bull Bias — this candle kept the same state, no zone change.
Where does EURCAD energy sit within the Bull Bias zone?
At 56.9%, EURCAD is 3.14 points from the upper boundary of Bull Bias (60%) and 35.98 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 Extreme with energy 95.1%; GER40 (European equities) in Neutral with energy 6.6%. Against this backdrop, EURCAD (Bull Bias, 56.9%) has higher energy than GER40; lower than 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 Neutral with Market Energy -10.1%. EURCAD energy is currently above DXY by 67 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 .