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Trend of Bull Bias EURNZD 1H
▸When EURNZD is in Bull Bias:
- then EURNZD moved to higher Market State: 1,269 times — 28.8%
- then EURNZD moved to lower Market State: 3,143 times — 71.2%
▸Current EURNZD market energy: 35.74%
- Distance to upper bound of Bull Bias (at 60%): 24.26%
- Distance to lower bound of Bull Bias (at 20.88%): 14.86%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
Right as the 1H candle closes, EURNZD within energy leaning Bull.
End-of-session energy readings on 1H, A -13.7% change from the previous candle, Market Energy is now 35.7% (previous: 49.4%).
Time in Bull Bias energy zone: 6 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, EURNZD Market Energy ranged from -76.8 to +81.5.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was EURNZD on 1H when this candle closed?
When the 1H candle at 19:00 on 04-11-2024 closed, EURNZD was in Bull Bias with Market Energy 35.7%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did EURNZD Market Energy change from the previous candle?
Market Energy fell 13.7 percentage points from the previous candle — from 49.4% to 35.7%.
What state was EURNZD in on the previous 1H candle?
The previous 1H candle had EURNZD at 49.4%, Bull Bias — this candle kept the same state, no zone change.
Where does EURNZD energy sit within the Bull Bias zone?
At 35.7%, EURNZD is 24.26 points from the upper boundary of Bull Bias (60%) and 14.86 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 13.5%; GER40 (European equities) in Neutral with energy -8.8%. Against this backdrop, EURNZD (Bull Bias, 35.7%) 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 Bear Extreme with Market Energy -77.8%. EURNZD (Bull Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for EURNZD.
Open Energy ChartSee the full 2AiTrading Model data for EURNZD on the EURNZD overview →
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