Analysis

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Candle close
Price and energy
EURJPY from 156.714 to 156.7, down 0.01%
Market Energy Bull Critical 73.8% to Bull Bias 59.3%, down 14.5 pts
Down candle #4 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.06%▼ 0.02%▼ 0.03%▼ 0.01%
Energy▼ 5.7▼ 5.4▼ 6.3▼ 14.5
Volatility trend chart · last 4 sessions
▼ 0.06%▼ 0.02%▼ 0.03%▼ 0.01%▼ 5.7▼ 5.4▼ 6.3▼ 14.5
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.01% — higher than 11% of past drops
0%255075100%
Energy down 14.5 pts — higher than 67% of past drops
RESEARCH

Trend of Bull Bias EURJPY 1H

Sample: 73,013 1H candles from 2015-01-01 to 2026-09-25
Number of Bull Bias occurrences: 5,746 times

▸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: 59.26%

  • Distance to upper bound of Bull Bias (at 60%): 0.74%
  • Distance to lower bound of Bull Bias (at 20.88%): 38.38%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

EURJPY · H1 · 2023-06-22 23:00 UTC
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Market Energy
73.8%
Bull Critical
59.3%
Bull Bias
53.7%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Following the completion of the 1H candle, EURJPY currently in Bull Bias.

Market energy movement Market Energy dropped -14.5% this candle, currently 59.3% (previous candle 73.8%).

Time in Bull Bias 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 -92.5 to +96.7.

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 06:00 on 23-06-2023 closed, EURJPY was at 156.7, down 0.01% from the previous candle (156.714). Market Energy was 59.3%, down 14.5 points from 73.8%, 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 156.7, down 0.01% from the previous 1H candle (156.714). This drop is larger than 11% of past drops on the 1H timeframe for EURJPY, across 27,927 candles since 2019.

How did EURJPY Market Energy change from the previous candle?

Market Energy fell 14.5 percentage points from the previous candle — from 73.8% to 59.3%. This drop is larger than 67% of past drops on the 1H timeframe for EURJPY.

Do EURJPY price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. This describes the candle that just closed; it does not say where price goes next.

What state was EURJPY in on the previous 1H candle?

The previous 1H candle had EURJPY at 73.8%, Bull Critical — when this candle closed, EURJPY moved down to a lower zone: Bull Critical → Bull Bias.

Where does EURJPY energy sit within the Bull Bias zone?

At 59.3%, EURJPY is 0.74 points from the upper boundary of Bull Bias (60%) and 38.38 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 Bull Extreme with energy 79.9%; GER40 (European equities) in Bull Critical with energy 60.3%. Against this backdrop, EURJPY (Bull Bias, 59.3%) 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 Extreme with Market Energy 76.3%. 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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