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Trend of Neutral EURCAD 1H
▸When EURCAD is in Neutral:
- then EURCAD moved to higher Market State: 2,935 times — 49.4%
- then EURCAD moved to lower Market State: 3,006 times — 50.6%
▸Current EURCAD market energy: 18.63%
- Distance to upper bound of Neutral (at 20.88%): 2.25%
- Distance to lower bound of Neutral (at -20.88%): 39.51%
"Does history really repeat itself?" — 2AITRADING
EURCAD processing result: the neutral Bull/Bear zone after the 1H candle closed.
End-of-session energy readings on 1H, Energy delta +52%: Market Energy at 18.6%, previously -33.3%.
Time in Neutral 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 -77.5 to +43.3.
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 13:00 on 08-10-2019 closed, EURCAD was in Neutral with Market Energy 18.6%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did EURCAD Market Energy change from the previous candle?
Market Energy rose 52 percentage points from the previous candle — from -33.3% to 18.6%.
What state was EURCAD in on the previous 1H candle?
The previous 1H candle had EURCAD at -33.3%, Bear Bias — when this candle closed, EURCAD moved up to a higher zone: Bear Bias → Neutral.
Where does EURCAD energy sit within the Neutral zone?
At 18.6%, EURCAD is 2.25 points from the upper boundary of Neutral (20.88%) and 39.51 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 Bias with energy 23.8%; GER40 (European equities) in Bull Bias with energy 37.9%. Against this backdrop, EURCAD (Neutral, 18.6%) 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 Neutral with Market Energy 14.4%. EURCAD energy is currently above DXY by 4.2 points.
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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