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| Price | ▲ 0.06% | ▼ 0.41% | ▼ 0.11% | ▼ 0.28% |
| Energy | ▼ 1.3 | ▼ 15.2 | ▼ 3.2 | ▼ 37.6 |
Trend of Neutral EURJPY Daily
▸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: 15.14%
- Distance to upper bound of Neutral (at 20.88%): 5.74%
- Distance to lower bound of Neutral (at -20.88%): 36.02%
"History always repeats itself, one way or another" — 2AITRADING
The system just recorded EURJPY in the balanced Market Energy state after the Daily candle closed.
On the 2AiTrading energy system, Market Energy moved from 55.8% to 15.1%, down -40.7% from the previous candle.
Time in Neutral energy zone: 1 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 +15.1 to +72.3.
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 10-08-2020 closed, EURJPY was at 124.365, down 0.28% from the previous candle (124.715). Market Energy was 15.1%, down 37.6 points from 52.7%, 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 124.365, down 0.28% from the previous Daily candle (124.715). This drop is larger than 59% of past drops on the Daily timeframe for EURJPY, across 504 candles since 2019.
How did EURJPY Market Energy change from the previous candle?
Market Energy fell 37.6 percentage points from the previous candle — from 52.7% to 15.1%. This drop is larger than 87% of past drops on the Daily timeframe for EURJPY.
Do EURJPY price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was EURJPY in on the previous Daily candle?
The previous Daily candle had EURJPY at 52.7%, 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 15.1%, EURJPY is 5.74 points from the upper boundary of Neutral (20.88%) and 36.02 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 44.9%; GER40 (European equities) in Bull Critical with energy 65.5%. Against this backdrop, EURJPY (Neutral, 15.1%) 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 38.9%. EURJPY energy is currently below DXY by 23.8 points.
See the real-time energy chart for EURJPY.
Open Energy ChartSee the full 2AiTrading Model data for EURJPY on the EURJPY overview →
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