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| Price | ▲ 0.80% | ▼ 0.53% | ▲ 0.56% | ▼ 0.00% |
| Energy | ▲ 33.5 | ▼ 10.8 | ▲ 2.9 | ▲ 6.6 |
Trend of Bull Critical EURJPY Daily
▸When EURJPY is in Bull Critical:
- then EURJPY moved to higher Market State: 179 times — 41.8%
- then EURJPY moved to lower Market State: 249 times — 58.2%
▸Current EURJPY market energy: 60.3%
- Distance to upper bound of Bull Critical (at 74.5%): 14.2%
- Distance to lower bound of Bull Critical (at 60%): 0.3%
"Let data guide you, but never trust it completely" — 2AITRADING
Right as the Daily candle closes, EURJPY currently in the Bull Critical state.
On the energy side, Market Energy reading rose +6.6%, moving from 53.7% to 60.3% after the Daily candle.
Time in Bull Critical 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 +28 to +61.6.
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 08-10-2020 closed, EURJPY was at 124.686, down <0.01% from the previous candle (124.689). Market Energy was 60.3%, up 6.6 points from 53.7%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did EURJPY price move on this Daily candle, and how large is that historically?
EURJPY closed at 124.686, down <0.01% from the previous Daily candle (124.689). This drop is larger than 1% of past drops on the Daily timeframe for EURJPY, across 555 candles since 2019.
How did EURJPY Market Energy change from the previous candle?
Market Energy rose 6.6 percentage points from the previous candle — from 53.7% to 60.3%. This rise is larger than 35% of past rises on the Daily timeframe for EURJPY.
Do EURJPY price and energy agree?
No. On this candle price fell but energy rose — the two moved in opposite directions. 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 53.7%, Bull Bias — when this candle closed, EURJPY moved up to a higher zone: Bull Bias → Bull Critical.
Where does EURJPY energy sit within the Bull Critical zone?
At 60.3%, EURJPY is 14.2 points from the upper boundary of Bull Critical (74.5%) and 0.3 points from the lower boundary (60%) — so energy sits closer to the lower boundary at candle close.
What does Bull Critical mean?
Bull Critical 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 Critical 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 Critical with energy 71.8%; GER40 (European equities) in Bull Critical with energy 67.9%. Against this backdrop, EURJPY (Bull Critical, 60.3%) sits in the same state zone as 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 -27.2%. EURJPY (Bull Critical) 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 →
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