·
| Price | ▼ 0.02% | ▲ 0.11% | ▼ 0.11% | ▼ 0.02% |
| Energy | ▼ 0.3 | ▲ 33.7 | ▼ 33.2 | ▼ 49.7 |
Trend of Bear Bias EURJPY 1H
▸When EURJPY is in Bear Bias:
- then EURJPY moved to higher Market State: 3,419 times — 62.8%
- then EURJPY moved to lower Market State: 2,024 times — 37.2%
▸Current EURJPY market energy: -29.15%
- Distance to upper bound of Bear Bias (at -20.88%): 8.27%
- Distance to lower bound of Bear Bias (at -60%): 30.85%
"To truly understand anything, study its history" — 2AITRADING
The Bear Bias energy zone determined for EURJPY through the 1H candle data.
Looking at the energy level, Market trend energy recorded a -49.7% drop from the previous candle, from 20.6% to -29.2%.
Time in Bear Bias energy zone: 1 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 -88 to +95.1.
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 09:00 on 18-07-2023 closed, EURJPY was at 155.862, down 0.02% from the previous candle (155.898). Market Energy was -29.2%, down 49.7 points from 20.6%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did EURJPY price move on this 1H candle, and how large is that historically?
EURJPY closed at 155.862, down 0.02% from the previous 1H candle (155.898). This drop is larger than 28% of past drops on the 1H timeframe for EURJPY, across 28,338 candles since 2019.
How did EURJPY Market Energy change from the previous candle?
Market Energy fell 49.7 percentage points from the previous candle — from 20.6% to -29.2%. This drop is larger than 92% 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 20.6%, Neutral — when this candle closed, EURJPY moved down to a lower zone: Neutral → Bear Bias.
Where does EURJPY energy sit within the Bear Bias zone?
At -29.2%, EURJPY is 8.27 points from the upper boundary of Bear Bias (-20.88%) and 30.85 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.
What does Bear Bias mean?
Bear 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 Bear 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 Neutral with energy 1.7%; GER40 (European equities) in Bull Bias with energy 29.9%. Against this backdrop, EURJPY (Bear Bias, -29.2%) 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 Bear Bias with Market Energy -41.5%. EURJPY (Bear Bias) and DXY currently sit on the same Bear 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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