Analysis

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Candle open
Price and energy
EURJPY from 137.662 to 138.03, up 0.27%
Market Energy Bull Bias 54.2% to Bull Bias 59.9%, up 5.7 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.91%▼ 0.07%▲ 0.20%▲ 0.27%
Energy▲ 49.6▲ 12.8▲ 14.5▲ 5.7
Volatility trend chart · last 4 sessions
▲ 0.91%▼ 0.07%▲ 0.20%▲ 0.27%▲ 49.6▲ 12.8▲ 14.5▲ 5.7
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.27% — higher than 61% of past rises
0%255075100%
Energy up 5.7 pts — higher than 27% of past rises
RESEARCH

Trend of Bull Bias EURJPY Daily

Sample: 6,833 Daily candles from 2002-05-07 to 2026-10-07
Number of Bull Bias occurrences: 633 times

▸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: 59.87%

  • Distance to upper bound of Bull Bias (at 60%): 0.13%
  • Distance to lower bound of Bull Bias (at 20.88%): 38.99%

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

EURJPY · D1 · 2022-08-09 00:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
54.2%
Bull Bias
59.9%
Bull Bias
25.1%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

EURJPY classified into the Bull Bias state after the Daily candle completed.

On trend energy, Compared to the previous candle (54.2%), Market Energy rose +5.7% to 59.9%.

Time in Bull Bias energy zone: 3 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 -22.7 to +59.9.

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 09-08-2022 closed, EURJPY was at 138.03, up 0.27% from the previous candle (137.662). Market Energy was 59.9%, up 5.7 points from 54.2%, 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 138.03, up 0.27% from the previous Daily candle (137.662). This rise is larger than 61% of past rises on the Daily timeframe for EURJPY, across 1,127 candles since 2019.

How did EURJPY Market Energy change from the previous candle?

Market Energy rose 5.7 percentage points from the previous candle — from 54.2% to 59.9%. This rise is larger than 27% 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 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 54.2%, Bull Bias — this candle kept the same state, no zone change.

Where does EURJPY energy sit within the Bull Bias zone?

At 59.9%, EURJPY is 0.13 points from the upper boundary of Bull Bias (60%) and 38.99 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 -27.9%; GER40 (European equities) in Neutral with energy -14.3%. Against this backdrop, EURJPY (Bull Bias, 59.9%) 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 Bull Bias with Market Energy 26.9%. EURJPY (Bull Bias) and DXY currently sit on the same Bull side.

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 →

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