Analysis

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Candle close
Price and energy
USDCAD from 1.4177 to 1.4165, down 0.09%
Market Energy Neutral 8.6% to Neutral -13.3%, down 21.9 pts
Down candle #2 in a row—Price and energy are in agreement
Price and energy change · last 4 candles
Price▲ 0.00%▲ 0.17%▼ 0.08%▼ 0.09%
Energy▼ 1.8▲ 38.9▲ 5.5▼ 21.9
Volatility trend chart · last 4 sessions
▲ 0.00%▲ 0.17%▼ 0.08%▼ 0.09%▼ 1.8▲ 38.9▲ 5.5▼ 21.9
priceenergy▲ up · ▼ down
Volatility · vs history since 2019
Price down 0.09% — higher than 52% of past drops
0%255075100%
Energy down 21.9 pts — higher than 81% of past drops
RESEARCH

Trend of Neutral USDCAD 4H

Sample: 18,295 4H candles from 2014-12-31 to 2026-10-06
Number of Neutral occurrences: 1,880 times

▸When USDCAD is in Neutral:

  • then USDCAD moved to higher Market State: 958 times — 51%
  • then USDCAD moved to lower Market State: 922 times — 49%

▸Current USDCAD market energy: -13.28%

  • Distance to upper bound of Neutral (at 20.88%): 34.16%
  • Distance to lower bound of Neutral (at -20.88%): 7.6%

"History always repeats itself, one way or another" — 2AITRADING

USDCAD · H4 · 2026-07-09 13:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
8.6%
Neutral
-13.3%
Neutral
-14.9%
Neutral
Zone
-20.88 – 20.88
Bias
Balanced
Explanation

Per 2AiTrading Market Energy model, USDCAD on 4H is in neutral with energy -13.3. Energy changed -21.9 from previous candle. State held for 3 consecutive candles.

USDCAD on 4H timeframe is currently in neutral state, as measured by 2AiTrading's Market Energy model. Market Energy reads -13.3, indicating the current level of control between Buyers and Sellers.

Market context
Historical perspective

Over the past 5 days, USDCAD Market Energy ranged from -66.7 to +55.7.

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 4H candle closed?

When the 4H candle at 20:00 on 09-07-2026 closed, USDCAD was at 1.4165, down 0.09% from the previous candle (1.4177). Market Energy was -13.3%, down 21.9 points from 8.6%, 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 4H candle, and how large is that historically?

USDCAD closed at 1.4165, down 0.09% from the previous 4H candle (1.4177). This drop is larger than 52% of past drops on the 4H timeframe for USDCAD, across 11,711 candles since 2019.

How did USDCAD Market Energy change from the previous candle?

Market Energy fell 21.9 percentage points from the previous candle — from 8.6% to -13.3%. This drop is larger than 81% of past drops on the 4H timeframe for USDCAD.

Do USDCAD price and energy agree?

Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.

What state was USDCAD in on the previous 4H candle?

The previous 4H candle had USDCAD at 8.6%, Neutral — this candle kept the same state, no zone change.

Where does USDCAD energy sit within the Neutral zone?

At -13.3%, USDCAD is 34.16 points from the upper boundary of Neutral (20.88%) and 7.6 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 Bias with energy 55.2%; GER40 (European equities) in Bull Bias with energy 53.7%. Against this backdrop, USDCAD (Neutral, -13.3%) 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 Neutral with Market Energy -0.5%. USDCAD energy is currently below DXY by 12.8 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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