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| Price | ▼ 1.87% | ▲ 0.37% | ▲ 0.21% | ▼ 1.40% |
| Energy | ▼ 35.7 | ▼ 4.4 | ▲ 10.1 | ▼ 21.6 |
Trend of Bear Bias EURGBP Weekly
▸When EURGBP is in Bear Bias:
- then EURGBP moved to higher Market State: 52 times — 82.5%
- then EURGBP moved to lower Market State: 11 times — 17.5%
▸Current EURGBP market energy: -31.89%
- Distance to upper bound of Bear Bias (at -20.88%): 11.01%
- Distance to lower bound of Bear Bias (at -60%): 28.11%
"Let data guide you, but never trust it completely" — 2AITRADING
Once measurement on the Weekly timeframe completes, Market Energy of EURGBP indicates the Bear Bias level.
Market energy movement A -21.6% change from the previous candle, Market Energy is now -31.9% (previous: -10.2%).
Time in Bear Bias energy zone: 1 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.
Not enough data in the past 5 days to show a range.
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 25-07-2022 closed, EURGBP was at 0.83909, down 1.4% from the previous candle (0.851). Market Energy was -31.9%, down 21.6 points from -10.2%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did EURGBP price move on this Weekly candle, and how large is that historically?
EURGBP closed at 0.83909, down 1.4% from the previous Weekly candle (0.851). This drop is larger than 92% of past drops on the Weekly timeframe for EURGBP, across 221 candles since 2019.
How did EURGBP Market Energy change from the previous candle?
Market Energy fell 21.6 percentage points from the previous candle — from -10.2% to -31.9%. This drop is larger than 79% of past drops on the Weekly timeframe for EURGBP.
Do EURGBP price and energy agree?
Yes. Both price and energy moved down 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 Weekly candle?
The previous Weekly candle had EURGBP at -10.2%, Neutral — when this candle closed, EURGBP moved down to a lower zone: Neutral → Bear Bias.
Where does EURGBP energy sit within the Bear Bias zone?
At -31.9%, EURGBP is 11.01 points from the upper boundary of Bear Bias (-20.88%) and 28.11 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear Bias 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 Bias 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 -51.4%; GER40 (European equities) in Bear Critical with energy -71.6%. Against this backdrop, EURGBP (Bear Bias, -31.9%) has higher energy 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 Bull Extreme with Market Energy 80%. EURGBP (Bear Bias) and DXY currently sit on opposite sides.
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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