·
| Price | ▼ 0.18% | ▲ 0.28% | ▼ 0.57% | ▲ 0.47% |
| Energy | ▼ 6.4 | ▲ 6.1 | ▼ 34.0 | ▲ 2.5 |
Trend of Bull Bias EURJPY Daily
▸When EURJPY is in Bull Bias:
- then EURJPY moved to higher Market State: 293 times — 46.3%
- then EURJPY moved to lower Market State: 340 times — 53.7%
▸Current EURJPY market energy: 41.98%
- Distance to upper bound of Bull Bias (at 60%): 18.02%
- Distance to lower bound of Bull Bias (at 20.88%): 21.1%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
After the Daily candle closes, Market Energy of EURJPY indicates the energy state tilted toward Bull.
Market trend energy Market Energy reading rose +2.5%, moving from 39.5% to 42% after the Daily candle.
Time in Bull Bias energy zone: 2 Daily 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, EURJPY Market Energy ranged from +39.5 to +73.8.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EURJPY price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 29-07-2020 closed, EURJPY was at 123.704, up 0.47% from the previous candle (123.121). Market Energy was 42%, up 2.5 points from 39.5%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did EURJPY price move on this Daily candle, and how large is that historically?
EURJPY closed at 123.704, up 0.47% from the previous Daily candle (123.121). This rise is larger than 81% of past rises on the Daily timeframe for EURJPY, across 494 candles since 2019.
How did EURJPY Market Energy change from the previous candle?
Market Energy rose 2.5 percentage points from the previous candle — from 39.5% to 42%. This rise is larger than 16% of past rises on the Daily timeframe for EURJPY.
Do EURJPY price and energy agree?
Yes. On this candle price rose and energy rose — 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 39.5%, Bull Bias — this candle kept the same state, no zone change.
Where does EURJPY energy sit within the Bull Bias zone?
At 42%, EURJPY is 18.02 points from the upper boundary of Bull Bias (60%) and 21.1 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.
What does Bull Bias mean?
Bull 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 Bull 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 -50.5%; GER40 (European equities) in Bear Bias with energy -56.1%. Against this backdrop, EURJPY (Bull Bias, 42%) has higher energy 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 Bear Bias with Market Energy -30.7%. EURJPY (Bull Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for EURJPY.
Open Energy ChartSee the full 2AiTrading Model data for EURJPY on the EURJPY overview →
To jump to a symbol you're interested in, click .