Analysis

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Candle close
Price and energy
EURJPY from 120.908 to 120.84, down 0.06%
Market Energy Bull Bias 30.3% to Neutral 13.2%, down 17.1 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.11%▲ 0.04%▼ 0.06%▼ 0.06%
Energy▲ 15.5▲ 13.4▼ 6.7▼ 17.1
Volatility trend chart · last 4 sessions
▲ 0.11%▲ 0.04%▼ 0.06%▼ 0.06%▲ 15.5▲ 13.4▼ 6.7▼ 17.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.06% — higher than 65% of past drops
0%255075100%
Energy down 17.1 pts — higher than 74% of past drops
RESEARCH

Trend of Neutral EURJPY 1H

Sample: 73,027 1H candles from 2015-01-01 to 2026-09-25
Number of Neutral occurrences: 5,776 times

▸When EURJPY is in Neutral:

  • then EURJPY moved to higher Market State: 3,044 times — 52.7%
  • then EURJPY moved to lower Market State: 2,732 times — 47.3%

▸Current EURJPY market energy: 13.18%

  • Distance to upper bound of Neutral (at 20.88%): 7.7%
  • Distance to lower bound of Neutral (at -20.88%): 34.06%

"To truly understand anything, study its history" — 2AITRADING

EURJPY · H1 · 2020-01-08 13:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
30.3%
Bull Bias
13.2%
Neutral
15.4%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

As the 1H candle completes, EURJPY in balanced trend energy.

End-of-session energy readings on 1H, Market Energy dropped -17.1% this candle, currently 13.2% (previous candle 30.3%).

Time in Neutral energy zone: 1 1H 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 -87.1 to +95.8.

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 1H candle closed?

When the 1H candle at 20:00 on 08-01-2020 closed, EURJPY was at 120.84, down 0.06% from the previous candle (120.908). Market Energy was 13.2%, down 17.1 points from 30.3%, 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 1H candle, and how large is that historically?

EURJPY closed at 120.84, down 0.06% from the previous 1H candle (120.908). This drop is larger than 65% of past drops on the 1H timeframe for EURJPY, across 6,340 candles since 2019.

How did EURJPY Market Energy change from the previous candle?

Market Energy fell 17.1 percentage points from the previous candle — from 30.3% to 13.2%. This drop is larger than 74% of past drops on the 1H 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 1H candle?

The previous 1H candle had EURJPY at 30.3%, 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 13.2%, EURJPY is 7.7 points from the upper boundary of Neutral (20.88%) and 34.06 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 51.3%; GER40 (European equities) in Bull Extreme with energy 80.3%. Against this backdrop, EURJPY (Neutral, 13.2%) 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 Critical with Market Energy 69%. EURJPY energy is currently below DXY by 55.8 points.

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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