Analysis

·

Candle close
Price and energy
EURJPY from 173.096 to 172.962, down 0.08%
Market Energy Neutral 14.2% to Neutral -20.0%, down 34.3 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.03%▲ 0.00%▼ 0.11%▼ 0.08%
Energy▲ 2.6▼ 7.9▼ 54.9▼ 34.3
Volatility trend chart · last 4 sessions
▲ 0.03%▲ 0.00%▼ 0.11%▼ 0.08%▲ 2.6▼ 7.9▼ 54.9▼ 34.3
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.08% — higher than 69% of past drops
0%255075100%
Energy down 34.3 pts — higher than 86% 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: -20.02%

  • Distance to upper bound of Neutral (at 20.88%): 40.9%
  • Distance to lower bound of Neutral (at -20.88%): 0.86%

"A person's history reveals more than you might think" — 2AITRADING

EURJPY · H1 · 2024-07-12 12:00 UTC
Preview the last 30 candles — price and energy
View live EURJPY chart →
Market Energy
14.2%
Neutral
-20.0%
Neutral
-18.8%
Neutral
Zone
-20.88 – 20.88
Bias
Sellers in control
Explanation

Observing the completed 1H candle, Result for EURJPY: the balanced Market Energy state.

Meanwhile, Market Energy moved from 14.2% to -20%, down -34.3% from the previous candle.

Time in Neutral energy zone: 2 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 -97.3 to +97.8.

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 19:00 on 12-07-2024 closed, EURJPY was at 172.962, down 0.08% from the previous candle (173.096). Market Energy was -20%, down 34.3 points from 14.2%, 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 172.962, down 0.08% from the previous 1H candle (173.096). This drop is larger than 69% of past drops on the 1H timeframe for EURJPY, across 34,492 candles since 2019.

How did EURJPY Market Energy change from the previous candle?

Market Energy fell 34.3 percentage points from the previous candle — from 14.2% to -20%. This drop is larger than 86% 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 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 14.2%, Neutral — this candle kept the same state, no zone change.

Where does EURJPY energy sit within the Neutral zone?

At -20%, EURJPY is 40.9 points from the upper boundary of Neutral (20.88%) and 0.86 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 Bias with energy 40.4%; GER40 (European equities) in Bull Bias with energy 50.8%. Against this backdrop, EURJPY (Neutral, -20%) 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 -50.8%. EURJPY energy is currently above DXY by 30.8 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 →

To jump to a symbol you're interested in, click .