Analysis

·

Candle close
Price and energy
EURCAD from 1.4676 to 1.4689, up 0.09%
Market Energy Bull Bias 57.6% to Bull Critical 70.2%, up 12.6 pts
Up candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.08%▲ 0.08%▲ 0.06%▲ 0.09%
Energy▼ 38.5▲ 30.3▲ 30.6▲ 12.6
Volatility trend chart · last 4 sessions
▼ 0.08%▲ 0.08%▲ 0.06%▲ 0.09%▼ 38.5▲ 30.3▲ 30.6▲ 12.6
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.09% — higher than 78% of past rises
0%255075100%
Energy up 12.6 pts — higher than 64% of past rises
RESEARCH

Trend of Bull Critical EURCAD 1H

Sample: 58,545 1H candles from 2017-05-01 to 2026-10-08
Number of Bull Critical occurrences: 1,642 times

▸When EURCAD is in Bull Critical:

  • then EURCAD moved to higher Market State: 417 times — 25.4%
  • then EURCAD moved to lower Market State: 1,225 times — 74.6%

▸Current EURCAD market energy: 70.15%

  • Distance to upper bound of Bull Critical (at 74.5%): 4.35%
  • Distance to lower bound of Bull Critical (at 60%): 10.15%

"Does history really repeat itself?" — 2AITRADING

EURCAD · H1 · 2023-03-21 09:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
57.6%
Bull Bias
70.2%
Bull Critical
84.0%
Bull Extreme
Zone
60 – 74.5
Bias
Buyers in control
Explanation

Following the completion of the 1H candle, EURCAD shows Bull energy near extreme.

Looking at the energy level, Energy delta +12.6%: Market Energy at 70.2%, previously 57.6%.

Time in Bull Critical energy zone: 1 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, EURCAD Market Energy ranged from -49.5 to +73.9.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did EURCAD price and energy show when this 1H candle closed?

When the 1H candle at 16:00 on 21-03-2023 closed, EURCAD was at 1.4689, up 0.09% from the previous candle (1.4676). Market Energy was 70.2%, up 12.6 points from 57.6%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.

How much did EURCAD price move on this 1H candle, and how large is that historically?

EURCAD closed at 1.4689, up 0.09% from the previous 1H candle (1.4676). This rise is larger than 78% of past rises on the 1H timeframe for EURCAD, across 26,282 candles since 2019.

How did EURCAD Market Energy change from the previous candle?

Market Energy rose 12.6 percentage points from the previous candle — from 57.6% to 70.2%. This rise is larger than 64% of past rises on the 1H timeframe for EURCAD.

Do EURCAD price and energy agree?

Yes. This candle recorded price moving up in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.

What state was EURCAD in on the previous 1H candle?

The previous 1H candle had EURCAD at 57.6%, Bull Bias — when this candle closed, EURCAD moved up to a higher zone: Bull Bias → Bull Critical.

Where does EURCAD energy sit within the Bull Critical zone?

At 70.2%, EURCAD is 4.35 points from the upper boundary of Bull Critical (74.5%) and 10.15 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.

What does Bull Critical mean?

Bull Critical 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 Critical 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 89.9%; GER40 (European equities) in Bull Extreme with energy 98.5%. Against this backdrop, EURCAD (Bull Critical, 70.2%) 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 Critical with Market Energy -61.8%. EURCAD (Bull Critical) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for EURCAD.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for EURCAD on the EURCAD overview →

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