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| Price | ▲ 0.42% | ▼ 0.26% | ▼ 0.19% | ▲ 0.40% |
| Energy | ▲ 17.5 | ▲ 4.7 | ▲ 2.3 | ▲ 6.4 |
Trend of Neutral EURGBP Weekly
▸When EURGBP is in Neutral:
- then EURGBP moved to higher Market State: 39 times — 42.4%
- then EURGBP moved to lower Market State: 53 times — 57.6%
▸Current EURGBP market energy: 3.82%
- Distance to upper bound of Neutral (at 20.88%): 17.06%
- Distance to lower bound of Neutral (at -20.88%): 24.7%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
As the Weekly candle completes, EURGBP recorded in the neutral energy state.
Market movement just recorded on the Weekly timeframe, Market Energy rose +6.4% this candle, currently 3.8% (previous candle -2.6%).
Time in Neutral energy zone: 4 Weekly 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 -2.6 to +3.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EURGBP price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 22-05-2017 closed, EURGBP was at 0.855, up 0.4% from the previous candle (0.85161). Market Energy was 3.8%, up 6.4 points from -2.6%, 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 Weekly candle, and how large is that historically?
EURGBP closed at 0.855, up 0.4% from the previous Weekly candle (0.85161).
How did EURGBP Market Energy change from the previous candle?
Market Energy rose 6.4 percentage points from the previous candle — from -2.6% to 3.8%.
Do EURGBP price and energy agree?
Yes. On this candle price rose and energy rose — both moved the same way. This describes a closed candle, not a forecast of where price goes next.
What state was EURGBP in on the previous Weekly candle?
The previous Weekly candle had EURGBP at -2.6%, Neutral — this candle kept the same state, no zone change.
Where does EURGBP energy sit within the Neutral zone?
At 3.8%, EURGBP is 17.06 points from the upper boundary of Neutral (20.88%) and 24.7 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 Neutral with energy -20.2%; GER40 (European equities) in Bull Bias with energy 31.1%. Against this backdrop, EURGBP (Neutral, 3.8%) 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 Extreme with Market Energy -93.3%. EURGBP energy is currently above DXY by 97.2 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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