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| Price | ▼ 0.01% | ▲ 0.08% | ▲ 0.04% | ▼ 0.06% |
| Energy | ▼ 3.9 | ▲ 9.7 | ▲ 5.9 | ▼ 17.6 |
Trend of Bull Bias USDCNH Daily
▸When USDCNH is in Bull Bias:
- then USDCNH moved to higher Market State: 73 times — 26.9%
- then USDCNH moved to lower Market State: 198 times — 73.1%
▸Current USDCNH market energy: 49.74%
- Distance to upper bound of Bull Bias (at 60%): 10.26%
- Distance to lower bound of Bull Bias (at 20.88%): 28.86%
"Let data guide you, but never trust it completely" — 2AITRADING
The Bull Bias level is the result just recorded for USDCNH after the Daily candle closed.
Looking at the Market Energy reading, Market Energy dropped -17.6% from the previous candle, from 67.4% to 49.7%.
Time in Bull Bias energy zone: 1 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, USDCNH Market Energy ranged from +49.7 to +67.4.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did USDCNH price and energy show when this Daily candle closed?
When the Daily candle at 07:00 on 03-07-2024 closed, USDCNH was at 7.3031, down 0.06% from the previous candle (7.3077). Market Energy was 49.7%, down 17.6 points from 67.4%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.
How much did USDCNH price move on this Daily candle, and how large is that historically?
USDCNH closed at 7.3031, down 0.06% from the previous Daily candle (7.3077). This drop is larger than 31% of past drops on the Daily timeframe for USDCNH, across 1,720 candles since 2019.
How did USDCNH Market Energy change from the previous candle?
Market Energy fell 17.6 percentage points from the previous candle — from 67.4% to 49.7%. This drop is larger than 71% of past drops on the Daily timeframe for USDCNH.
Do USDCNH price and energy agree?
Yes. On this candle price fell and energy fell — both moved the same way. This describes a closed candle, not a forecast of where price goes next.
What state was USDCNH in on the previous Daily candle?
The previous Daily candle had USDCNH at 67.4%, Bull Critical — when this candle closed, USDCNH moved down to a lower zone: Bull Critical → Bull Bias.
Where does USDCNH energy sit within the Bull Bias zone?
At 49.7%, USDCNH is 10.26 points from the upper boundary of Bull Bias (60%) and 28.86 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 Bull Extreme with energy 86%; GER40 (European equities) in Bull Bias with energy 56.4%. Against this backdrop, USDCNH (Bull Bias, 49.7%) lower than SPX500; sits in the same state zone as 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 Critical with Market Energy -70.5%. USDCNH (Bull Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for USDCNH.
Open Energy ChartSee the full 2AiTrading Model data for USDCNH on the USDCNH overview →
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