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| Price | ▲ 0.48% | ▼ 0.39% | ▲ 0.92% | ▼ 0.56% |
| Energy | ▲ 1.0 | ▼ 11.8 | ▲ 3.8 | ▼ 12.3 |
Trend of Bull Bias EURUSD Weekly
▸When EURUSD is in Bull Bias:
- then EURUSD moved to higher Market State: 12 times — 29.3%
- then EURUSD moved to lower Market State: 29 times — 70.7%
▸Current EURUSD market energy: 38.88%
- Distance to upper bound of Bull Bias (at 60%): 21.12%
- Distance to lower bound of Bull Bias (at 20.88%): 18%
"Why does archaeology matter?" — 2AITRADING
Following the completion of the Weekly candle, EURUSD currently in the Bull Bias energy zone.
On trend energy, A -12.3% change from the previous candle, Market Energy is now 38.9% (previous: 51.2%).
Time in Bull Bias energy zone: 5 Weekly 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.
Not enough data in the past 5 days to show a range.
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What did EURUSD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 31-08-2020 closed, EURUSD was at 1.1838, down 0.56% from the previous candle (1.1905). Market Energy was 38.9%, down 12.3 points from 51.2%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did EURUSD price move on this Weekly candle, and how large is that historically?
EURUSD closed at 1.1838, down 0.56% from the previous Weekly candle (1.1905). This drop is larger than 44% of past drops on the Weekly timeframe for EURUSD, across 87 candles since 2019.
How did EURUSD Market Energy change from the previous candle?
Market Energy fell 12.3 percentage points from the previous candle — from 51.2% to 38.9%. This drop is larger than 45% of past drops on the Weekly timeframe for EURUSD.
Do EURUSD 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 EURUSD in on the previous Weekly candle?
The previous Weekly candle had EURUSD at 51.2%, Bull Bias — this candle kept the same state, no zone change.
Where does EURUSD energy sit within the Bull Bias zone?
At 38.9%, EURUSD is 21.12 points from the upper boundary of Bull Bias (60%) and 18 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 Bull Extreme with energy 99.1%; GER40 (European equities) in Bull Extreme with energy 89%. Against this backdrop, EURUSD (Bull Bias, 38.9%) 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 -11.9%. EURUSD energy is currently above DXY by 50.8 points.
See the real-time energy chart for EURUSD.
Open Energy ChartSee the full 2AiTrading Model data for EURUSD on the EURUSD overview →
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