Analysis

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Candle close
Price and energy
EURJPY from 166.9 to 166.804, down 0.06%
Market Energy Bull Bias 37.7% to Neutral -11.4%, down 49.1 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.01%▲ 0.01%▼ 0.03%▼ 0.06%
Energy▼ 2.8▲ 1.3▼ 6.2▼ 49.1
Volatility trend chart · last 4 sessions
▲ 0.01%▲ 0.01%▼ 0.03%▼ 0.06%▼ 2.8▲ 1.3▼ 6.2▼ 49.1
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.06% — higher than 58% of past drops
0%255075100%
Energy down 49.1 pts — higher than 92% of past drops
RESEARCH

Trend of Neutral EURJPY 1H

Sample: 73,019 1H candles from 2015-01-01 to 2026-09-25
Number of Neutral occurrences: 5,776 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: 2,732 times — 47.3%

▸Current EURJPY market energy: -11.39%

  • Distance to upper bound of Neutral (at 20.88%): 32.27%
  • Distance to lower bound of Neutral (at -20.88%): 9.49%

"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING

EURJPY · H1 · 2024-04-26 02:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
37.7%
Bull Bias
-11.4%
Neutral
56.2%
Bull Bias
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Reading from the 1H candle, EURJPY currently in the neutral Bull/Bear zone.

At the 1H session close, Market Energy dropped -49.1% from the previous candle, from 37.7% to -11.4%.

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 -68.1 to +98.4.

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 09:00 on 26-04-2024 closed, EURJPY was at 166.804, down 0.06% from the previous candle (166.9). Market Energy was -11.4%, down 49.1 points from 37.7%, 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 166.804, down 0.06% from the previous 1H candle (166.9). This drop is larger than 58% of past drops on the 1H timeframe for EURJPY, across 33,162 candles since 2019.

How did EURJPY Market Energy change from the previous candle?

Market Energy fell 49.1 percentage points from the previous candle — from 37.7% to -11.4%. This drop is larger than 92% 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 37.7%, 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 -11.4%, EURJPY is 32.27 points from the upper boundary of Neutral (20.88%) and 9.49 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Bull Extreme with energy 86.5%; GER40 (European equities) in Neutral with energy 18.6%. Against this backdrop, EURJPY (Neutral, -11.4%) lower than SPX500; sits in the same state zone as 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 Neutral with Market Energy -18.1%. EURJPY energy is currently above DXY by 6.8 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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