Analysis

·

Candle open
Price and energy
EURJPY from 118.827 to 118.412, down 0.35%
Market Energy Bull Bias 31.5% to Neutral 11.0%, down 20.5 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.68%▲ 2.44%▼ 0.86%▼ 0.35%
Energy▼ 20.2▲ 65.0▲ 18.5▼ 20.5
Volatility trend chart · last 4 sessions
▼ 0.68%▲ 2.44%▼ 0.86%▼ 0.35%▼ 20.2▲ 65.0▲ 18.5▼ 20.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.35% — higher than 70% of past drops
0%255075100%
Energy down 20.5 pts — higher than 64% of past drops
RESEARCH

Trend of Neutral EURJPY Daily

Sample: 6,833 Daily candles from 2002-05-07 to 2026-10-07
Number of Neutral occurrences: 596 times

▸When EURJPY is in Neutral:

  • then EURJPY moved to higher Market State: 320 times — 53.7%
  • then EURJPY moved to lower Market State: 276 times — 46.3%

▸Current EURJPY market energy: 10.98%

  • Distance to upper bound of Neutral (at 20.88%): 9.9%
  • Distance to lower bound of Neutral (at -20.88%): 31.86%

"A person's history reveals more than you might think" — 2AITRADING

EURJPY · D1 · 2020-03-16 00:00 UTC
Preview the last 30 candles — price and energy
View live EURJPY chart →
Market Energy
31.5%
Bull Bias
11.0%
Neutral
4.4%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Right as the Daily candle closes, Market EURJPY in trend energy in a neutral state.

Market energy measurement The energy level dropped -2%: from 13% now at 11%.

Time in Neutral energy zone: 1 Daily Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, EURJPY Market Energy ranged from -52 to +31.5.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did EURJPY price and energy show when this Daily candle closed?

When the Daily candle at 07:00 on 16-03-2020 closed, EURJPY was at 118.412, down 0.35% from the previous candle (118.827). Market Energy was 11%, down 20.5 points from 31.5%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.

How much did EURJPY price move on this Daily candle, and how large is that historically?

EURJPY closed at 118.412, down 0.35% from the previous Daily candle (118.827). This drop is larger than 70% of past drops on the Daily timeframe for EURJPY, across 378 candles since 2019.

How did EURJPY Market Energy change from the previous candle?

Market Energy fell 20.5 percentage points from the previous candle — from 31.5% to 11%. This drop is larger than 64% of past drops on the Daily timeframe for EURJPY.

Do EURJPY 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 EURJPY in on the previous Daily candle?

The previous Daily candle had EURJPY at 31.5%, Bull Bias — when this candle closed, EURJPY moved down to a lower zone: Bull Bias → Neutral.

Where does EURJPY energy sit within the Neutral zone?

At 11%, EURJPY is 9.9 points from the upper boundary of Neutral (20.88%) and 31.86 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 59.7%; GER40 (European equities) in Bull Bias with energy 33.4%. Against this backdrop, EURJPY (Neutral, 11%) lower than SPX500, 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 55.3%. EURJPY energy is currently below DXY by 44.3 points.

Real-time Energy Chart

See the real-time energy chart for EURJPY.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for EURJPY on the EURJPY overview →

To jump to a symbol you're interested in, click .