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Trend of Bear Extreme EURGBP 1H
▸When EURGBP is in Bear Extreme:
- then EURGBP moved to higher Market State: 656 times — 100%
- then EURGBP moved to lower Market State: 0 times — 0%
▸Current EURGBP market energy: -88.2%
- Distance to upper bound of Bear Extreme (at -74.5%): 13.7%
- Distance to bottom -100%: 11.8%
"Does history really repeat itself?" — 2AITRADING
After the 1H candle closes, EURGBP classified as Bear energy in an extreme reading.
Market movement just recorded on the 1H timeframe, Market Energy moved from -91.8% to -88.2%, up +3.6% from the previous candle.
Time in Bear Extreme energy zone: 3 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, EURGBP Market Energy ranged from -92.3 to +75.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was EURGBP on 1H when this candle closed?
When the 1H candle at 17:00 on 03-12-2019 closed, EURGBP was in Bear Extreme with Market Energy -88.2%, controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.
How did EURGBP Market Energy change from the previous candle?
Market Energy rose 3.6 percentage points from the previous candle — from -91.8% to -88.2%.
What state was EURGBP in on the previous 1H candle?
The previous 1H candle had EURGBP at -91.8%, Bear Extreme — this candle kept the same state, no zone change.
Where does EURGBP energy sit within the Bear Extreme zone?
At -88.2%, EURGBP is 13.7 points from the upper boundary of Bear Extreme (-74.5%) and 11.8 points from the lower boundary (-100%) — so energy sits closer to the lower boundary at candle close.
What does Bear Extreme mean?
Bear Extreme 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 Extreme 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 Bear Extreme with energy -93.5%; GER40 (European equities) in Bull Bias with energy 21.7%. Against this backdrop, EURGBP (Bear Extreme, -88.2%) lower than GER40; sits in the same state zone as 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 Bias with Market Energy -60%. EURGBP (Bear Extreme) and DXY currently sit on the same Bear side.
See the real-time energy chart for EURGBP.
Open Energy ChartSee the full 2AiTrading Model data for EURGBP on the EURGBP overview →
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