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| Price | ▲ 0.04% | ▲ 0.08% | ▼ 0.06% | ▼ 0.12% |
| Energy | ▲ 15.7 | ▲ 38.1 | ▼ 24.7 | ▼ 58.2 |
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: -36.22%
- Distance to upper bound of Bear Bias (at -20.88%): 15.34%
- Distance to lower bound of Bear Bias (at -60%): 23.78%
"To truly understand anything, study its history" — 2AITRADING
The Market Energy state leaning Bear determined for EURCAD through the 1H candle data.
On the 2AiTrading energy system, Compared to the previous candle (22%), Market Energy dropped -58.2% to -36.2%.
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 -85 to +94.8.
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 11-06-2018 closed, EURCAD was at 1.5289, down 0.12% from the previous candle (1.5307). Market Energy was -36.2%, down 58.2 points from 22%, 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 1.5289, down 0.12% from the previous 1H candle (1.5307).
How did EURCAD Market Energy change from the previous candle?
Market Energy fell 58.2 percentage points from the previous candle — from 22% to -36.2%.
Do EURCAD price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was EURCAD in on the previous 1H candle?
The previous 1H candle had EURCAD at 22%, 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 -36.2%, EURCAD is 15.34 points from the upper boundary of Bear Bias (-20.88%) and 23.78 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 Bull Critical with energy 70.5%; GER40 (European equities) in Bull Critical with energy 71%. Against this backdrop, EURCAD (Bear Bias, -36.2%) 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 Bear Bias with Market Energy -24.7%. EURCAD (Bear Bias) and DXY currently sit on the same Bear side.
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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