·
| Price | ▲ 0.27% | ▲ 0.24% | ▼ 0.05% | ▲ 0.48% |
| Energy | ▲ 2.9 | ▲ 16.0 | ▲ 1.5 | ▲ 27.0 |
Trend of Bull Bias EURJPY 1H
▸When EURJPY is in Bull Bias:
- then EURJPY moved to higher Market State: 2,352 times — 41%
- then EURJPY moved to lower Market State: 3,391 times — 59%
▸Current EURJPY market energy: 45.12%
- Distance to upper bound of Bull Bias (at 60%): 14.88%
- Distance to lower bound of Bull Bias (at 20.88%): 24.24%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
Observing the completed 1H candle, EURJPY in trend energy leaning Bull.
On the 2AiTrading energy system, Market trend energy recorded a +27% rise from the previous candle, from 18.2% to 45.1%.
Time in Bull 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 -90.2 to +88.4.
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 05:00 on 06-08-2024 closed, EURJPY was at 158.594, up 0.48% from the previous candle (157.832). Market Energy was 45.1%, up 27.0 points from 18.2%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did EURJPY price move on this 1H candle, and how large is that historically?
EURJPY closed at 158.594, up 0.48% from the previous 1H candle (157.832). This is the largest of all rises on the 1H timeframe for EURJPY on record since 2019.
How did EURJPY Market Energy change from the previous candle?
Market Energy rose 27 percentage points from the previous candle — from 18.2% to 45.1%. This rise is larger than 83% of past rises on the 1H timeframe for EURJPY.
Do EURJPY price and energy agree?
Yes. Both price and energy moved up on this candle. 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 18.2%, Neutral — when this candle closed, EURJPY moved up to a higher zone: Neutral → Bull Bias.
Where does EURJPY energy sit within the Bull Bias zone?
At 45.1%, EURJPY is 14.88 points from the upper boundary of Bull Bias (60%) and 24.24 points from the lower boundary (20.88%) — so energy sits closer to the upper boundary at candle close.
What does Bull Bias mean?
Bull 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 Bull 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 Neutral with energy 17.9%; GER40 (European equities) in Bull Critical with energy 65.7%. Against this backdrop, EURJPY (Bull Bias, 45.1%) has higher energy than SPX500; lower than 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 Bull Bias with Market Energy 35%. EURJPY (Bull Bias) and DXY currently sit on the same Bull 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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