Analysis

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Candle close
Price and energy
CADJPY from 106.4125 to 106.4425, up 0.03%
Market Energy Bear Extreme -85.7% to Bear Extreme -83.3%, up 2.4 pts
Up candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▼ 0.03%▼ 0.01%▲ 0.00%▲ 0.03%
Energy▲ 0.2▲ 0.4▲ 0.7▲ 2.4
Volatility trend chart · last 4 sessions
▼ 0.03%▼ 0.01%▲ 0.00%▲ 0.03%▲ 0.2▲ 0.4▲ 0.7▲ 2.4
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price up 0.03% — higher than 26% of past rises
0%255075100%
Energy up 2.4 pts — higher than 18% of past rises
RESEARCH

Trend of Bear Extreme CADJPY 1H

Sample: 58,571 1H candles from 2017-05-01 to 2026-10-07
Number of Bear Extreme occurrences: 1,723 times

▸When CADJPY is in Bear Extreme:

  • then CADJPY moved to higher Market State: 1,723 times — 100%
  • then CADJPY moved to lower Market State: 0 times — 0%

▸Current CADJPY market energy: -83.29%

  • Distance to upper bound of Bear Extreme (at -74.5%): 8.79%
  • Distance to bottom -100%: 16.71%

"To truly understand anything, study its history" — 2AITRADING

CADJPY · H1 · 2023-07-10 21:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
-85.7%
Bear Extreme
-83.3%
Bear Extreme
-78.0%
Bear Extreme
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

The system just recorded CADJPY in Bear trend energy in an unusual reading after the 1H candle closed.

End-of-session update for 1H, Market Energy reading rose +2.4%, moving from -85.7% to -83.3% after the 1H candle.

Time in Bear Extreme energy zone: 9 1H Candle

2AiTrading Market Energy Model

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.

Market context
Historical perspective

Over the past 5 days, CADJPY Market Energy ranged from -100 to +71.1.

Knowledge

Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.

Frequently asked questions

What did CADJPY price and energy show when this 1H candle closed?

When the 1H candle at 04:00 on 11-07-2023 closed, CADJPY was at 106.4425, up 0.03% from the previous candle (106.4125). Market Energy was -83.3%, up 2.4 points from -85.7%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

How much did CADJPY price move on this 1H candle, and how large is that historically?

CADJPY closed at 106.4425, up 0.03% from the previous 1H candle (106.4125). This rise is larger than 26% of past rises on the 1H timeframe for CADJPY, across 28,230 candles since 2019.

How did CADJPY Market Energy change from the previous candle?

Market Energy rose 2.4 percentage points from the previous candle — from -85.7% to -83.3%. This rise is larger than 18% of past rises on the 1H timeframe for CADJPY.

Do CADJPY price and energy agree?

Yes. This candle recorded price moving up in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

What state was CADJPY in on the previous 1H candle?

The previous 1H candle had CADJPY at -85.7%, Bear Extreme — this candle kept the same state, no zone change.

Where does CADJPY energy sit within the Bear Extreme zone?

At -83.3%, CADJPY is 8.79 points from the upper boundary of Bear Extreme (-74.5%) and 16.71 points from the lower boundary (-100%) — so energy sits closer to the upper boundary at candle close.

What does Bear Extreme mean?

Bear Extreme is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.

See the full Bear Extreme 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 71.5%; GER40 (European equities) in Bull Bias with energy 58.9%. Against this backdrop, CADJPY (Bear Extreme, -83.3%) 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 Bear Extreme with Market Energy -97.4%. CADJPY (Bear Extreme) and DXY currently sit on the same Bear side.

Real-time Energy Chart

See the real-time energy chart for CADJPY.

Open Energy Chart
Related analysis
Methodology

Data computed by 2AiTrading's proprietary Market Energy model. Snapshot captured at candle close. See methodology →

See the full 2AiTrading Model data for CADJPY on the CADJPY overview →

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