Analysis

CADJPY 111.9125 ↓0.02%: Bears have the edge · 1H 06:00 Oct 23, 2026

·
Candle close
Price and energy
Open 111.9355 · High 111.965 · Low 111.829 · Close 111.9125 · Range (high − low) 0.136
CADJPY closed at 111.9125, down 0.025 (-0.02%) from 111.9375.
Bull–Bear energy behind the price: the market moved from the Bear Bias zone at -24.3% to Bear Bias at -23.6%, up 0.8 points.
Energy diverges from price.
Price and energy · last 4 candles
Price111.989111.925111.938111.913
Energy-19.3%-24.2%-24.3%-23.6%
Price change↑ 0.04%↓ 0.06%↑ 0.01%↓ 0.02%
Energy change↓ 1.0↓ 4.9↓ 0.2↑ 0.8
Volatility trend chart · last 4 sessions
↑ 0.04%↓ 0.06%↑ 0.01%↓ 0.02%↓ 1.0↓ 4.9↓ 0.2↑ 0.8
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.02% — higher than 23% of past drops
0%255075100%
Energy up 0.8 pts — higher than 6% of past rises
Knowledge

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

RESEARCH

Trend of Bear Bias CADJPY 1H

Sample: 58,823 1H candles from 2017-05-01 to 2026-10-22
Number of Bear Bias occurrences: 4,173 times

▸When CADJPY is in Bear Bias:

  • then CADJPY moved to higher Market State: 2,678 times — 64.2%
  • then CADJPY moved to lower Market State: 1,495 times — 35.8%

▸Current CADJPY market energy: -23.57%

  • Distance to upper bound of Bear Bias (at -20.88%): 2.69%
  • Distance to lower bound of Bear Bias (at -60%): 36.43%

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

CADJPY · H1 · 2026-10-22 22:00 UTC
Preview the last 30 candles — price and energy
View live CADJPY chart →
Market Energy
-24.3%
Bear Bias
-23.6%
Bear Bias
Expected at
07:10
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

CADJPY classified into Bear Bias after the 1H candle completed.

Market trend on the 2AiTrading energy system Market Energy rose +0.8% from the previous candle, from -24.3% to -23.6%.

Time in Bear Bias energy zone: 3 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 -94.5 to 98.8.

Frequently asked questions

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

When the 1H candle closed at 06:00 on 23-10-2026, CADJPY was at 111.9125, down 0.02% from the previous candle (111.9375). Market Energy was -23.6%, up 0.8 points from -24.3%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.

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

CADJPY closed at 111.9125, down 0.02% from the previous 1H candle (111.9375). This drop is larger than 23% of past drops on the 1H timeframe for CADJPY, across 48,678 candles since 2019.

How did CADJPY Market Energy change from the previous candle?

Market Energy rose 0.8 percentage points from the previous candle — from -24.3% to -23.6%. This rise is larger than 6% of past rises on the 1H timeframe for CADJPY.

Do CADJPY price and energy agree?

No. Price moved down while energy moved up on this candle. This describes the candle that just closed; it does not say where price goes next.

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

The previous 1H candle had CADJPY at -24.3%, Bear Bias — this candle kept the same state, no zone change.

Where does CADJPY energy sit within the Bear Bias zone?

At -23.6%, CADJPY is 2.69 points from the upper boundary of Bear Bias (-20.88%) and 36.43 points from the lower boundary (-60%) — so energy sits closer to the upper boundary at candle close.

What does Bear Bias mean?

Bear 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 Bear 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 Neutral with energy -14.2%; GER40 (European equities) in Neutral with energy -19.4%. Against this backdrop, CADJPY (Bear Bias, -23.6%) 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 Bias with Market Energy -52.6%. CADJPY (Bear Bias) 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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