·
| Price | ▲ 0.02% | ▲ 0.12% | ▲ 0.04% | ▼ 0.04% |
| Energy | ▼ 2.0 | ▲ 43.3 | ▲ 23.4 | ▼ 13.6 |
Trend of Neutral USDCAD 1H
▸When USDCAD is in Neutral:
- then USDCAD moved to higher Market State: 3,617 times — 49.8%
- then USDCAD moved to lower Market State: 3,649 times — 50.2%
▸Current USDCAD market energy: 1.01%
- Distance to upper bound of Neutral (at 20.88%): 19.87%
- Distance to lower bound of Neutral (at -20.88%): 21.89%
"If history reveals a pattern, remember — nothing is ever absolutely 100%" — 2AITRADING
As the 1H candle closes, USDCAD noted at Neutral.
Market energy movement Market Energy at 1%, down -13.6% from 14.6% in the previous candle.
Time in Neutral energy zone: 3 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 -72.9 to +49.
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 01:00 on 15-08-2024 closed, USDCAD was at 1.3712, down 0.04% from the previous candle (1.3718). Market Energy was 1%, down 13.6 points from 14.6%, in the Neutral state — the market is neutral. The Neutral zone spans -20.88% to 20.88%.
How much did USDCAD price move on this 1H candle, and how large is that historically?
USDCAD closed at 1.3712, down 0.04% from the previous 1H candle (1.3718). This drop is larger than 52% of past drops on the 1H timeframe for USDCAD, across 35,048 candles since 2019.
How did USDCAD Market Energy change from the previous candle?
Market Energy fell 13.6 percentage points from the previous candle — from 14.6% to 1%. This drop is larger than 66% of past drops on the 1H timeframe for USDCAD.
Do USDCAD price and energy agree?
Yes. Both price and energy moved down on this candle. This describes the candle that just closed; it does not say where price goes next.
What state was USDCAD in on the previous 1H candle?
The previous 1H candle had USDCAD at 14.6%, Neutral — this candle kept the same state, no zone change.
Where does USDCAD energy sit within the Neutral zone?
At 1%, USDCAD is 19.87 points from the upper boundary of Neutral (20.88%) and 21.89 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 Bull Critical with energy 65.6%; GER40 (European equities) in Bull Bias with energy 26.6%. Against this backdrop, USDCAD (Neutral, 1%) 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 -10.3%. USDCAD energy is currently above DXY by 11.3 points.
See the real-time energy chart for USDCAD.
Open Energy ChartSee the full 2AiTrading Model data for USDCAD on the USDCAD overview →
To jump to a symbol you're interested in, click .