·
| Price | ▼ 0.04% | ▲ 0.01% | ▲ 0.02% | ▼ 0.18% |
| Energy | ▼ 7.6 | ▼ 4.2 | ▲ 0.5 | ▼ 129.6 |
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: -58.71%
- Distance to upper bound of Bear Bias (at -20.88%): 37.83%
- Distance to lower bound of Bear Bias (at -60%): 1.29%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
After the 1H candle closes, EURJPY reflects the Market Energy state leaning Bear.
The energy side shows The energy level dropped -129.6%: from 70.8% now at -58.7%.
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 -92.7 to +96.5.
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 08:00 on 31-08-2023 closed, EURJPY was at 159.409, down 0.18% from the previous candle (159.698). Market Energy was -58.7%, down 129.6 points from 70.8%, 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 159.409, down 0.18% from the previous 1H candle (159.698). This drop is larger than 92% of past drops on the 1H timeframe for EURJPY, across 29,105 candles since 2019.
How did EURJPY Market Energy change from the previous candle?
Market Energy fell 129.6 percentage points from the previous candle — from 70.8% to -58.7%. This is the largest of all drops on the 1H timeframe for EURJPY on record since 2019.
Do EURJPY price and energy agree?
Yes. Both price and energy moved down on this candle. 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 70.8%, Bull Critical — when this candle closed, EURJPY moved down to a lower zone: Bull Critical → Bear Bias.
Where does EURJPY energy sit within the Bear Bias zone?
At -58.7%, EURJPY is 37.83 points from the upper boundary of Bear Bias (-20.88%) and 1.29 points from the lower boundary (-60%) — so energy sits closer to the lower 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 Bull Critical with energy 66.3%; GER40 (European equities) in Bull Bias with energy 24%. Against this backdrop, EURJPY (Bear Bias, -58.7%) 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 Critical with Market Energy -72.2%. 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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