·
| Price | ▲ 0.01% | ▲ 0.03% | ▼ 0.01% | 0.00% |
| Energy | ▲ 8.7 | ▲ 21.8 | ▲ 2.8 | ▼ 7.5 |
Trend of Neutral EURGBP 1H
▸When EURGBP is in Neutral:
- then EURGBP moved to higher Market State: 2,904 times — 48.8%
- then EURGBP moved to lower Market State: 3,047 times — 51.2%
▸Current EURGBP market energy: 1.91%
- Distance to upper bound of Neutral (at 20.88%): 18.97%
- Distance to lower bound of Neutral (at -20.88%): 22.79%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
Right as the 1H candle closes, EURGBP noted at the Neutral energy state.
The EURGBP market at session end, Market trend energy recorded a -7.5% drop from the previous candle, from 9.4% to 1.9%.
Time in Neutral 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, EURGBP Market Energy ranged from -59 to +51.3.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EURGBP price and energy show when this 1H candle closed?
When the 1H candle at 14:00 on 05-03-2024 closed, EURGBP was at 0.85562, unchanged 0% from the previous candle (0.85562). Market Energy was 1.9%, down 7.5 points from 9.4%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did EURGBP price move on this 1H candle, and how large is that historically?
EURGBP closed at 0.85562, unchanged 0% from the previous 1H candle (0.85562).
How did EURGBP Market Energy change from the previous candle?
Market Energy fell 7.5 percentage points from the previous candle — from 9.4% to 1.9%. This drop is larger than 48% of past drops on the 1H timeframe for EURGBP.
Do EURGBP price and energy agree?
No. Price was unchanged while energy did change on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was EURGBP in on the previous 1H candle?
The previous 1H candle had EURGBP at 9.4%, Neutral — this candle kept the same state, no zone change.
Where does EURGBP energy sit within the Neutral zone?
At 1.9%, EURGBP is 18.97 points from the upper boundary of Neutral (20.88%) and 22.79 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 Bear Bias with energy -39.8%; GER40 (European equities) in Bull Bias with energy 26.9%. Against this backdrop, EURGBP (Neutral, 1.9%) has higher energy than SPX500; lower than 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 Bull Bias with Market Energy 26.6%. EURGBP energy is currently below DXY by 24.7 points.
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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