·
| Price | ▲ 0.05% | ▼ 0.06% | ▼ 0.04% | ▲ 0.01% |
| Energy | ▲ 17.6 | ▼ 23.9 | ▼ 13.3 | ▼ 4.4 |
Trend of Neutral EURJPY 1H
▸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: 6.65%
- Distance to upper bound of Neutral (at 20.88%): 14.23%
- Distance to lower bound of Neutral (at -20.88%): 27.53%
"Does history really repeat itself?" — 2AITRADING
Trend energy in a balanced state recorded from just-completed 1H candle data for EURJPY.
Looking at the Market Energy reading, Market trend energy recorded a -4.4% drop from the previous candle, from 11% to 6.7%.
Time in Neutral energy zone: 2 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 -36.3 to +96.6.
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 10:00 on 13-05-2024 closed, EURJPY was at 167.782, up 0.01% from the previous candle (167.762). Market Energy was 6.7%, down 4.4 points from 11%, 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 167.782, up 0.01% from the previous 1H candle (167.762). This rise is larger than 15% of past rises on the 1H timeframe for EURJPY, across 33,427 candles since 2019.
How did EURJPY Market Energy change from the previous candle?
Market Energy fell 4.4 percentage points from the previous candle — from 11% to 6.7%. This drop is larger than 31% of past drops on the 1H timeframe for EURJPY.
Do EURJPY price and energy agree?
No. Price moved up while 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 11%, Neutral — this candle kept the same state, no zone change.
Where does EURJPY energy sit within the Neutral zone?
At 6.7%, EURJPY is 14.23 points from the upper boundary of Neutral (20.88%) and 27.53 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 Bull Bias with energy 34.9%; GER40 (European equities) in Bull Bias with energy 44.7%. Against this backdrop, EURJPY (Neutral, 6.7%) 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 Neutral with Market Energy 4.9%. EURJPY energy is currently above DXY by 1.8 points.
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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