Analysis

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Candle close
Price and energy
EURJPY from 166.438 to 166.07, down 0.22%
Market Energy Bull Bias 26.5% to Bear Bias -46.9%, down 73.4 pts
Down candle #3 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.14%▼ 0.10%▼ 0.02%▼ 0.22%
Energy▲ 11.0▼ 16.3▼ 24.4▼ 73.4
Volatility trend chart · last 4 sessions
▲ 0.14%▼ 0.10%▼ 0.02%▼ 0.22%▲ 11.0▼ 16.3▼ 24.4▼ 73.4
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.22% — higher than 95% of past drops
0%255075100%
Energy down 73.4 pts — higher than 96% of past drops
RESEARCH

Trend of Bear Bias EURJPY 1H

Sample: 73,004 1H candles from 2015-01-01 to 2026-09-24
Number of Bear Bias occurrences: 5,443 times

▸When EURJPY is in Bear Bias:

  • then EURJPY moved to higher Market State: 3,419 times — 62.8%
  • then EURJPY moved to lower Market State: 2,024 times — 37.2%

▸Current EURJPY market energy: -46.88%

  • Distance to upper bound of Bear Bias (at -20.88%): 26%
  • Distance to lower bound of Bear Bias (at -60%): 13.12%

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

EURJPY · H1 · 2024-10-31 03:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
26.5%
Bull Bias
-46.9%
Bear Bias
-77.8%
Bear Extreme
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

With the 1H candle just closed, EURJPY within the Bear Bias zone.

Per the 2AI model, Energy delta -73.4%: Market Energy at -46.9%, previously 26.5%.

Time in Bear Bias 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 -75.2 to +99.9.

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 10:00 on 31-10-2024 closed, EURJPY was at 166.07, down 0.22% from the previous candle (166.438). Market Energy was -46.9%, down 73.4 points from 26.5%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

How much did EURJPY price move on this 1H candle, and how large is that historically?

EURJPY closed at 166.07, down 0.22% from the previous 1H candle (166.438). This drop is larger than 95% of past drops on the 1H timeframe for EURJPY, across 36,379 candles since 2019.

How did EURJPY Market Energy change from the previous candle?

Market Energy fell 73.4 percentage points from the previous candle — from 26.5% to -46.9%. This drop is larger than 96% of past drops on the 1H timeframe for EURJPY.

Do EURJPY price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. 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 26.5%, Bull Bias — when this candle closed, EURJPY moved down to a lower zone: Bull Bias → Bear Bias.

Where does EURJPY energy sit within the Bear Bias zone?

At -46.9%, EURJPY is 26 points from the upper boundary of Bear Bias (-20.88%) and 13.12 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.

What does Bear Bias mean?

Bear 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 Bear 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 Bear Extreme with energy -83.7%; GER40 (European equities) in Bear Extreme with energy -88.5%. Against this backdrop, EURJPY (Bear Bias, -46.9%) has higher energy 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 -12%. EURJPY energy is currently below DXY by 34.9 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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