Analysis

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Candle close
Price and energy
USDCAD from 1.4417 to 1.4388, down 0.20%
Market Energy Bull Extreme 81.0% to Neutral -11.1%, down 92.1 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.00%0.05%0.10%0.20%
Energy1.69.922.592.1
Volatility trend chart · last 4 sessions
0.00% 0.05% 0.10% 0.20% 1.6 9.9 22.5 92.1
priceenergy up · down
Volatility · vs history since 2019
Price down 0.20% — higher than 97% of past drops
0%255075100%
Energy down 92.1 pts — largest on record (since 2019)
RESEARCH

Trend of Neutral USDCAD 1H

Sample: 72,950 1H candles from 2015-01-01 to 2026-09-22
Number of Neutral occurrences: 7,265 times

When USDCAD is in Neutral:

  • then USDCAD moved to higher Market State: 3,616 times49.8%
  • then USDCAD moved to lower Market State: 3,649 times50.2%

Current USDCAD market energy: -11.05%

  • Distance to upper bound of Neutral (at 20.88%): 31.93%
  • Distance to lower bound of Neutral (at -20.88%): 9.83%

"Why does archaeology matter?" — 2AITRADING

USDCAD · H1 · 2024-12-24 13:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
81.0%
Bull Extreme
-11.1%
Neutral
-46.5%
Bear Bias
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Following the completion of the 1H candle, USDCAD in the Neutral state.

The market energy reading Market Energy dropped -92.1% this candle, currently -11.1% (previous candle 81%).

Time in Neutral energy zone: 1 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, USDCAD Market Energy ranged from -68.7 to +84.4.

Knowledge

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

Frequently asked questions

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

When the 1H candle at 20:00 on 24-12-2024 closed, USDCAD was at 1.4388, down 0.2% from the previous candle (1.4417). Market Energy was -11.1%, down 92.1 points from 81%, 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 1.4388, down 0.2% from the previous 1H candle (1.4417). This drop is larger than 97% of past drops on the 1H timeframe for USDCAD, across 37,298 candles since 2019.

How did USDCAD Market Energy change from the previous candle?

Market Energy fell 92.1 percentage points from the previous candle — from 81% to -11.1%. This is the largest of all drops on the 1H timeframe for USDCAD on record since 2019.

Do USDCAD price and energy agree?

Yes. This candle recorded price moving down in the same direction as energy. 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 81%, Bull Extreme — when this candle closed, USDCAD moved down to a lower zone: Bull Extreme → Neutral.

Where does USDCAD energy sit within the Neutral zone?

At -11.1%, USDCAD is 31.93 points from the upper boundary of Neutral (20.88%) and 9.83 points from the lower boundary (-20.88%) — so energy sits closer to the lower 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 Extreme with energy 75.4%; GER40 (European equities) in Bull Critical with energy 61.7%. Against this backdrop, USDCAD (Neutral, -11.1%) 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 -1.6%. USDCAD energy is currently below DXY by 9.5 points.

Real-time Energy Chart

See the real-time energy chart for USDCAD.

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 USDCAD on the USDCAD overview →

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