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Trend of Bull Bias NZDUSD Daily
▸When NZDUSD is in Bull Bias:
- then NZDUSD moved to higher Market State: 89 times — 27.6%
- then NZDUSD moved to lower Market State: 234 times — 72.4%
▸Current NZDUSD market energy: 42.02%
- Distance to upper bound of Bull Bias (at 60%): 17.98%
- Distance to lower bound of Bull Bias (at 20.88%): 21.14%
"Does history really repeat itself?" — 2AITRADING
Following the completion of the Daily candle, NZDUSD currently in the energy state leaning Bull.
Market energy movement Market Energy dropped -6.9% from the previous session, from 48.9% to 42%.
Time in Bull Bias energy zone: 3 Daily 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, NZDUSD Market Energy ranged from +6.3 to +48.9.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was NZDUSD on Daily when this candle closed?
When the Daily candle at 07:00 on 05-04-2023 closed, NZDUSD was in Bull Bias with Market Energy 42%, controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How did NZDUSD Market Energy change from the previous candle?
Market Energy fell 6.9 percentage points from the previous candle — from 48.9% to 42%.
What state was NZDUSD in on the previous Daily candle?
The previous Daily candle had NZDUSD at 48.9%, Bull Bias — this candle kept the same state, no zone change.
Where does NZDUSD energy sit within the Bull Bias zone?
At 42%, NZDUSD is 17.98 points from the upper boundary of Bull Bias (60%) and 21.14 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 Bear Critical with energy -62.6%; GER40 (European equities) in Bear Critical with energy -72.3%. Against this backdrop, NZDUSD (Bull Bias, 42%) 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 -82.4%. NZDUSD (Bull Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for NZDUSD.
Open Energy ChartSee the full 2AiTrading Model data for NZDUSD on the NZDUSD overview →
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