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| Price | ▲ 0.10% | ▼ 0.05% | ▲ 0.24% | ▼ 0.00% |
| Energy | ▲ 48.0 | ▼ 7.9 | ▲ 43.7 | ▲ 14.0 |
Trend of Bull Critical USDCAD 1H
▸When USDCAD is in Bull Critical:
- then USDCAD moved to higher Market State: 678 times — 28.4%
- then USDCAD moved to lower Market State: 1,706 times — 71.6%
▸Current USDCAD market energy: 70.73%
- Distance to upper bound of Bull Critical (at 74.5%): 3.77%
- Distance to lower bound of Bull Critical (at 60%): 10.73%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
USDCAD classified into the Bull Critical measurement after the 1H candle completed.
At the 1H session close, Market Energy reading rose +14%, moving from 56.8% to 70.7% after the 1H candle.
Time in Bull Critical energy zone: 1 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, USDCAD Market Energy ranged from -80.5 to +70.7.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did USDCAD price and energy show when this 1H candle closed?
When the 1H candle at 23:00 on 07-05-2024 closed, USDCAD was at 1.3713, down <0.01% from the previous candle (1.3713). Market Energy was 70.7%, up 14.0 points from 56.8%, in the Bull Critical state — controlled by buyers. The Bull Critical zone spans 60% to 74.5%.
How much did USDCAD price move on this 1H candle, and how large is that historically?
USDCAD closed at 1.3713, down <0.01% from the previous 1H candle (1.3713). This drop is larger than 3% of past drops on the 1H timeframe for USDCAD, across 33,342 candles since 2019.
How did USDCAD Market Energy change from the previous candle?
Market Energy rose 14 percentage points from the previous candle — from 56.8% to 70.7%. This rise is larger than 67% of past rises on the 1H timeframe for USDCAD.
Do USDCAD price and energy agree?
No. This candle recorded a price decline with energy moving the other way. This describes a closed candle, not a forecast of where price goes next.
What state was USDCAD in on the previous 1H candle?
The previous 1H candle had USDCAD at 56.8%, Bull Bias — when this candle closed, USDCAD moved up to a higher zone: Bull Bias → Bull Critical.
Where does USDCAD energy sit within the Bull Critical zone?
At 70.7%, USDCAD is 3.77 points from the upper boundary of Bull Critical (74.5%) and 10.73 points from the lower boundary (60%) — so energy sits closer to the upper boundary at candle close.
What does Bull Critical mean?
Bull Critical 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 Critical 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 Critical with energy 69.6%; GER40 (European equities) in Bull Extreme with energy 97.2%. Against this backdrop, USDCAD (Bull Critical, 70.7%) lower 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 Bull Critical with Market Energy 62.8%. USDCAD (Bull Critical) and DXY currently sit on the same Bull side.
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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