Analysis

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Candle open
Price and energy
EURJPY from 167.8405 to 168.558, up 0.43%
Market Energy Bull Extreme 82.8% to Bull Extreme 84.9%, up 2.1 pts
Up candle #4 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.27%▲ 0.09%▲ 0.04%▲ 0.43%
Energy▲ 24.4▲ 8.3▲ 8.4▲ 2.1
Volatility trend chart · last 4 sessions
▲ 0.27%▲ 0.09%▲ 0.04%▲ 0.43%▲ 24.4▲ 8.3▲ 8.4▲ 2.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.43% — higher than 72% of past rises
0%255075100%
Energy up 2.1 pts — higher than 11% of past rises
RESEARCH

Trend of Bull Extreme EURJPY Daily

Sample: 6,830 Daily candles from 2002-05-07 to 2026-10-04
Number of Bull Extreme occurrences: 362 times

▸When EURJPY is in Bull Extreme:

  • then EURJPY moved to higher Market State: 0 times — 0%
  • then EURJPY moved to lower Market State: 362 times — 100%

▸Current EURJPY market energy: 84.9%

  • Distance to peak 100%: 15.1%
  • Distance to lower bound of Bull Extreme (at 74.5%): 10.4%

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

EURJPY · D1 · 2024-05-13 00:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
82.8%
Bull Extreme
84.9%
Bull Extreme
97.5%
Bull Extreme
Zone
74.5 – 100
Bias
Buyers in control
Explanation

After the Daily session ends, EURJPY within the trend energy Bull Extreme.

On the energy side, Market Energy rose +10.5% from the previous session, from 74.4% to 84.9%.

Time in Bull Extreme 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 +41.7 to +84.9.

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 13-05-2024 closed, EURJPY was at 168.558, up 0.43% from the previous candle (167.8405). Market Energy was 84.9%, up 2.1 points from 82.8%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.

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

EURJPY closed at 168.558, up 0.43% from the previous Daily candle (167.8405). This rise is larger than 72% of past rises on the Daily timeframe for EURJPY, across 1,675 candles since 2019.

How did EURJPY Market Energy change from the previous candle?

Market Energy rose 2.1 percentage points from the previous candle — from 82.8% to 84.9%. This rise is larger than 11% of past rises on the Daily timeframe for EURJPY.

Do EURJPY price and energy agree?

Yes. This candle recorded price moving up in the same direction as energy. 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 82.8%, Bull Extreme — this candle kept the same state, no zone change.

Where does EURJPY energy sit within the Bull Extreme zone?

At 84.9%, EURJPY is 15.1 points from the upper boundary of Bull Extreme (100%) and 10.4 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.

What does Bull Extreme mean?

Bull Extreme 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 Extreme 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 Neutral with energy -1.4%; GER40 (European equities) in Bull Bias with energy 43.9%. Against this backdrop, EURJPY (Bull Extreme, 84.9%) 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 32.5%. EURJPY (Bull Extreme) 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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