·
| Price | ▲ 0.02% | ▼ 0.02% | ▲ 0.02% | ▲ 0.06% |
| Energy | ▲ 3.7 | ▲ 3.3 | ▲ 6.8 | ▲ 14.2 |
Trend of Neutral EURCAD 1H
▸When EURCAD is in Neutral:
- then EURCAD moved to higher Market State: 2,966 times — 49.4%
- then EURCAD moved to lower Market State: 3,041 times — 50.6%
▸Current EURCAD market energy: -14.63%
- Distance to upper bound of Neutral (at 20.88%): 35.51%
- Distance to lower bound of Neutral (at -20.88%): 6.25%
"History always repeats itself, one way or another" — 2AITRADING
The balanced energy zone recorded from just-completed 1H candle data for EURCAD.
Per the 2AiTrading energy measurement system, Market Energy rose +14.2% from the previous session, from -28.8% to -14.6%.
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 -58.9 to +78.7.
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 02:00 on 30-07-2021 closed, EURCAD was at 1.4799, up 0.06% from the previous candle (1.4789). Market Energy was -14.6%, up 14.2 points from -28.8%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did EURCAD price move on this 1H candle, and how large is that historically?
EURCAD closed at 1.4799, up 0.06% from the previous 1H candle (1.4789). This rise is larger than 69% of past rises on the 1H timeframe for EURCAD, across 16,035 candles since 2019.
How did EURCAD Market Energy change from the previous candle?
Market Energy rose 14.2 percentage points from the previous candle — from -28.8% to -14.6%. This rise is larger than 68% of past rises on the 1H timeframe for EURCAD.
Do EURCAD price and energy agree?
Yes. Both price and energy moved up on this candle. 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 -28.8%, 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 -14.6%, EURCAD is 35.51 points from the upper boundary of Neutral (20.88%) and 6.25 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Neutral with energy -19%; GER40 (European equities) in Neutral with energy -18%. Against this backdrop, EURCAD (Neutral, -14.6%) sits in the same state zone as 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 Extreme with Market Energy -77.6%. EURCAD energy is currently above DXY by 63 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 .