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USDCAD is currently leaning slightly toward buyers, energy +7.3%. This still sits in the Neutral zone — the probability of a clear trend is not yet defined.
See the full 2AiTrading Model data for USDCAD on the USDCAD overview →
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UP–DOWN statistics for Neutral USDCAD Daily
▸When USDCAD is in Neutral:
- then USDCAD moved to higher Market State: 254 times — 55.6%
- then USDCAD moved to lower Market State: 203 times — 44.4%
▸Current USDCAD market energy: 7.27%
- Distance to upper bound of Neutral (at 20.88%): 13.61%
- Distance to lower bound of Neutral (at -20.88%): 28.15%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
Right as the Daily candle closes, USDCAD reflects the neutral energy state.
Market movement just recorded on the Daily timeframe, Market Energy at 7.3%, up +14.6% from -7.3% in the previous candle.
Time in Neutral energy zone: 4 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, USDCAD Market Energy ranged from -17.8 to +20.3.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What state was USDCAD on Daily when this candle closed?
When the Daily candle at 07:00 on 02-08-2016 closed, USDCAD was in Neutral with Market Energy 7.3%, the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How did USDCAD Market Energy change from the previous candle?
Market Energy rose 14.6 percentage points from the previous candle — from -7.3% to 7.3%.
What state was USDCAD in on the previous Daily candle?
The previous Daily candle had USDCAD at -7.3%, Neutral — this candle kept the same state, no zone change.
Where does USDCAD energy sit within the Neutral zone?
At 7.3%, USDCAD is 13.61 points from the upper boundary of Neutral (20.88%) and 28.15 points from the lower boundary (-20.88%) — so energy sits closer to the upper boundary at candle close.
What does Neutral mean?
Neutral is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Neutral 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 10.4%; GER40 (European equities) in Bear Bias with energy -49.2%. Against this backdrop, USDCAD (Neutral, 7.3%) has higher energy than GER40; sits in the same state zone as SPX500.
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 -82.9%. USDCAD energy is currently above DXY by 90.1 points.
See the real-time energy chart for USDCAD.
Open Energy ChartSee the full 2AiTrading Model data for USDCAD on the USDCAD overview →
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