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| Price | ▼ 0.07% | ▼ 0.03% | ▲ 0.10% | ▼ 0.02% |
| Energy | ▼ 16.0 | ▼ 11.2 | ▲ 7.3 | ▲ 1.0 |
Trend of Bull Bias EURCAD 1H
▸When EURCAD is in Bull Bias:
- then EURCAD moved to higher Market State: 1,296 times — 29.5%
- then EURCAD moved to lower Market State: 3,097 times — 70.5%
▸Current EURCAD market energy: 55.61%
- Distance to upper bound of Bull Bias (at 60%): 4.39%
- Distance to lower bound of Bull Bias (at 20.88%): 34.73%
"To truly understand anything, study its history" — 2AITRADING
With the 1H candle just closed, EURCAD reflects the Bull Bias zone.
Market movement after the 1H candle closes, Market Energy reading rose +1%, moving from 54.6% to 55.6% after the 1H candle.
Time in Bull Bias energy zone: 4 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 -75.5 to +83.4.
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 01:00 on 14-09-2018 closed, EURCAD was at 1.5188, down 0.02% from the previous candle (1.5191). Market Energy was 55.6%, up 1.0 points from 54.6%, 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 1H candle, and how large is that historically?
EURCAD closed at 1.5188, down 0.02% from the previous 1H candle (1.5191).
How did EURCAD Market Energy change from the previous candle?
Market Energy rose 1 percentage points from the previous candle — from 54.6% to 55.6%.
Do EURCAD price and energy agree?
No. This candle recorded a price decline with energy moving the other way. 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 54.6%, Bull Bias — this candle kept the same state, no zone change.
Where does EURCAD energy sit within the Bull Bias zone?
At 55.6%, EURCAD is 4.39 points from the upper boundary of Bull Bias (60%) and 34.73 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 60%; GER40 (European equities) in Bear Bias with energy -23%. Against this backdrop, EURCAD (Bull Bias, 55.6%) 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 Bear Critical with Market Energy -66.6%. EURCAD (Bull 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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