Analysis

AUDCAD 0.98575 ↑0.1%: Bulls have the edge · 4H 16:00 Oct 16, 2026

·
Candle close
Price and energy
Open 0.9848 · High 0.98616 · Low 0.98411 · Close 0.98575 · Range (high − low) 0.002045
AUDCAD closed at 0.98575, up 0.000965 (+0.10%) from 0.98479.
Bull–Bear energy behind the price: the market moved from the Bear Bias zone at -21.6% to Bull Bias at 44.2%, up 65.8 points.
Fourth straight up candle, price and energy are moving up together.
Price and energy · last 4 candles
Price0.981710.98260.984790.98575
Energy-89.2%-83.4%-21.6%44.2%
Price change↑ 0.11%↑ 0.09%↑ 0.22%↑ 0.10%
Energy change↑ 6.3↑ 5.9↑ 61.8↑ 65.8
Volatility trend chart · last 4 sessions
↑ 0.11%↑ 0.09%↑ 0.22%↑ 0.10%↑ 6.3↑ 5.9↑ 61.8↑ 65.8
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.10% — higher than 59% of past rises
0%255075100%
Energy up 65.8 pts — higher than 96% of past rises
Knowledge

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

RESEARCH

Trend of Bull Bias AUDCAD 4H

Sample: 393 4H candles from 2026-07-22 to 2026-10-22
Number of Bull Bias occurrences: 32 times

▸When AUDCAD is in Bull Bias:

  • then AUDCAD moved to higher Market State: 12 times — 37.5%
  • then AUDCAD moved to lower Market State: 20 times — 62.5%

▸Current AUDCAD market energy: 44.21%

  • Distance to upper bound of Bull Bias (at 60%): 15.79%
  • Distance to lower bound of Bull Bias (at 20.88%): 23.33%

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

AUDCAD · H4 · 2026-10-16 05:00 UTC
Preview the last 30 candles — price and energy
View live AUDCAD chart →
Market Energy
-21.6%
Bear Bias
44.2%
Bull Bias
38.7%
Bull Bias
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Following the completion of the 4H candle, AUDCAD in the Bull Bias level.

Market movement just recorded on the 4H timeframe, Market Energy at 44.2%, up +65.8% from -21.6% in the previous candle.

Time in Bull Bias energy zone: 1 4H 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, AUDCAD Market Energy ranged from -99.9 to 85.4.

Frequently asked questions

What did AUDCAD price and energy show when this 4H candle closed?

When the 4H candle closed at 16:00 on 16-10-2026, AUDCAD was at 0.98575, up 0.1% from the previous candle (0.98479). Market Energy was 44.2%, up 65.8 points from -21.6%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

How much did AUDCAD price move on this 4H candle, and how large is that historically?

AUDCAD closed at 0.98575, up 0.1% from the previous 4H candle (0.98479). This rise is larger than 59% of past rises on the 4H timeframe for AUDCAD, across 368 candles since 2019.

How did AUDCAD Market Energy change from the previous candle?

Market Energy rose 65.8 percentage points from the previous candle — from -21.6% to 44.2%. This rise is larger than 96% of past rises on the 4H timeframe for AUDCAD.

Do AUDCAD price and energy agree?

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

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

The previous 4H candle had AUDCAD at -21.6%, Bear Bias — when this candle closed, AUDCAD moved up to a higher zone: Bear Bias → Bull Bias.

Where does AUDCAD energy sit within the Bull Bias zone?

At 44.2%, AUDCAD is 15.79 points from the upper boundary of Bull Bias (60%) and 23.33 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 79%; GER40 (European equities) in Bull Bias with energy 30.1%. Against this backdrop, AUDCAD (Bull Bias, 44.2%) 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 -71%. AUDCAD (Bull Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for AUDCAD.

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 AUDCAD on the AUDCAD overview →

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