Analysis

·

Candle close
Price and energy
EURJPY from 164.418 to 164.448, up 0.02%
Market Energy Bull Bias 27.9% to Neutral 19.9%, down 8.0 pts
Energy diverges from price
Price and energy change · last 4 candles
Price▼ 0.03%▲ 0.06%▼ 0.06%▲ 0.02%
Energy▼ 17.2▼ 2.2▼ 30.4▼ 8.0
Volatility trend chart · last 4 sessions
▼ 0.03%▲ 0.06%▼ 0.06%▲ 0.02%▼ 17.2▼ 2.2▼ 30.4▼ 8.0
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.02% — higher than 22% of past rises
0%255075100%
Energy down 8.0 pts — higher than 48% of past drops
RESEARCH

Trend of Neutral EURJPY 1H

Sample: 72,995 1H candles from 2015-01-01 to 2026-09-24
Number of Neutral occurrences: 5,775 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: 2,731 times — 47.3%

▸Current EURJPY market energy: 19.9%

  • Distance to upper bound of Neutral (at 20.88%): 0.98%
  • Distance to lower bound of Neutral (at -20.88%): 40.78%

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

EURJPY · H1 · 2024-04-08 09:00 UTC
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Market Energy
27.9%
Bull Bias
19.9%
Neutral
30.6%
Bull Bias
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

The Neutral zone is the result just recorded for EURJPY after the 1H candle closed.

End-of-session energy readings on 1H, The energy level dropped -8%: from 27.9% now at 19.9%.

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 -99.9 to +99.4.

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 16:00 on 08-04-2024 closed, EURJPY was at 164.448, up 0.02% from the previous candle (164.418). Market Energy was 19.9%, down 8.0 points from 27.9%, 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 164.448, up 0.02% from the previous 1H candle (164.418). This rise is larger than 22% of past rises on the 1H timeframe for EURJPY, across 32,833 candles since 2019.

How did EURJPY Market Energy change from the previous candle?

Market Energy fell 8 percentage points from the previous candle — from 27.9% to 19.9%. This drop is larger than 48% of past drops on the 1H timeframe for EURJPY.

Do EURJPY price and energy agree?

No. On this candle price rose but energy fell — the two moved in opposite directions. 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 27.9%, 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 19.9%, EURJPY is 0.98 points from the upper boundary of Neutral (20.88%) and 40.78 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 Neutral with energy 20.3%; GER40 (European equities) in Bull Extreme with energy 87.1%. Against this backdrop, EURJPY (Neutral, 19.9%) lower 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 Neutral with Market Energy 20.3%. EURJPY energy is currently below DXY by 0.4 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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