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| Price | ▲ 0.02% | ▼ 0.05% | ▲ 0.15% | ▼ 0.13% |
| Energy | ▲ 13.1 | ▼ 43.1 | ▲ 76.6 | ▼ 40.9 |
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: 0.25%
- Distance to upper bound of Neutral (at 20.88%): 20.63%
- Distance to lower bound of Neutral (at -20.88%): 21.13%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
Right as the 1H candle closes, EURGBP in the Neutral state.
End-of-session update for 1H, Compared to the previous candle (41.2%), Market Energy dropped -40.9% to 0.2%.
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, EURGBP Market Energy ranged from -60.6 to +96.2.
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 15:00 on 23-04-2024 closed, EURGBP was at 0.86263, down 0.13% from the previous candle (0.86371). Market Energy was 0.2%, down 40.9 points from 41.2%, 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 0.86263, down 0.13% from the previous 1H candle (0.86371). This drop is larger than 88% of past drops on the 1H timeframe for EURGBP, across 33,117 candles since 2019.
How did EURGBP Market Energy change from the previous candle?
Market Energy fell 40.9 percentage points from the previous candle — from 41.2% to 0.2%. This drop is larger than 95% of past drops on the 1H timeframe for EURGBP.
Do EURGBP price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. 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 41.2%, Bull Bias — when this candle closed, EURGBP moved down to a lower zone: Bull Bias → Neutral.
Where does EURGBP energy sit within the Neutral zone?
At 0.2%, EURGBP is 20.63 points from the upper boundary of Neutral (20.88%) and 21.13 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 53.4%; GER40 (European equities) in Bear Bias with energy -51.3%. Against this backdrop, EURGBP (Neutral, 0.2%) has higher energy than GER40; lower than 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 -59.9%. EURGBP energy is currently above DXY by 60.2 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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