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| Price | ▲ 0.01% | ▼ 0.05% | ▼ 0.03% | ▲ 0.01% |
| Energy | ▼ 3.3 | ▼ 19.5 | ▼ 16.6 | ▼ 5.2 |
Trend of Bull Bias EURJPY 1H
▸When EURJPY is in Bull Bias:
- then EURJPY moved to higher Market State: 2,354 times — 41%
- then EURJPY moved to lower Market State: 3,392 times — 59%
▸Current EURJPY market energy: 38.96%
- Distance to upper bound of Bull Bias (at 60%): 21.04%
- Distance to lower bound of Bull Bias (at 20.88%): 18.08%
"To truly understand anything, study its history" — 2AITRADING
From the just-closed 1H candle data, EURJPY classified as the energy zone leaning Bull.
The market energy reading Market Energy dropped -5.2% from the previous candle, from 44.1% to 39%.
Time in Bull Bias energy zone: 2 1H 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 -91.4 to +93.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did EURJPY price and energy show when this 1H candle closed?
When the 1H candle at 17:00 on 05-06-2023 closed, EURJPY was at 150.002, up 0.01% from the previous candle (149.982). Market Energy was 39%, down 5.2 points from 44.1%, 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 1H candle, and how large is that historically?
EURJPY closed at 150.002, up 0.01% from the previous 1H candle (149.982). This rise is larger than 16% of past rises on the 1H timeframe for EURJPY, across 27,602 candles since 2019.
How did EURJPY Market Energy change from the previous candle?
Market Energy fell 5.2 percentage points from the previous candle — from 44.1% to 39%. This drop is larger than 36% of past drops on the 1H timeframe for EURJPY.
Do EURJPY price and energy agree?
No. Price moved up while 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 44.1%, Bull Bias — this candle kept the same state, no zone change.
Where does EURJPY energy sit within the Bull Bias zone?
At 39%, EURJPY is 21.04 points from the upper boundary of Bull Bias (60%) and 18.08 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Bull Bias with energy 53%; GER40 (European equities) in Neutral with energy -3.6%. Against this backdrop, EURJPY (Bull Bias, 39%) has higher energy than GER40; sits in the same state zone as SPX500.
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 53.8%. EURJPY (Bull Bias) and DXY currently sit on the same Bull side.
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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