Analysis

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Candle close
Price and energy
CADJPY from 112.4245 to 112.211, down 0.19%
Market Energy Bull Bias 52.0% to Bull Bias 38.9%, down 13.1 pts
Price and energy are in agreement
Price and energy change · last 4 candles
Price0.03%0.08%0.18%0.19%
Energy2.211.941.113.1
Volatility trend chart · last 4 sessions
0.03% 0.08% 0.18% 0.19% 2.2 11.9 41.1 13.1
priceenergy up · down
Volatility · vs history since 2019
Price down 0.19% — higher than 77% of past drops
0%255075100%
Energy down 13.1 pts — higher than 64% of past drops
RESEARCH

Trend of Bull Bias CADJPY 4H

Sample: 254 4H candles from 2026-07-22 to 2026-09-21
Number of Bull Bias occurrences: 22 times

When CADJPY is in Bull Bias:

  • then CADJPY moved to higher Market State: 8 times36.4%
  • then CADJPY moved to lower Market State: 14 times63.6%

Current CADJPY market energy: 38.94%

  • Distance to upper bound of Bull Bias (at 60%): 21.06%
  • Distance to lower bound of Bull Bias (at 20.88%): 18.06%

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

CADJPY · H4 · 2026-09-21 13:00 UTC
Preview the last 30 candles — price and energy
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Market Energy
52.0%
Bull Bias
38.9%
Bull Bias
Expected at
04:10
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Following the completion of the 4H candle, CADJPY in the Bull Bias zone.

The CADJPY market at session end, A -13.1% change from the previous candle, Market Energy is now 38.9% (previous: 52%).

Time in Bull Bias energy zone: 2 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, CADJPY Market Energy ranged from -3.2 to +95.9.

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 4H candle closed?

When the 4H candle at 20:00 on 21-09-2026 closed, CADJPY was at 112.211, down 0.19% from the previous candle (112.4245). Market Energy was 38.9%, down 13.1 points from 52%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

CADJPY closed at 112.211, down 0.19% from the previous 4H candle (112.4245). This drop is larger than 77% of past drops on the 4H timeframe for CADJPY, across 256 candles since 2019.

How did CADJPY Market Energy change from the previous candle?

Market Energy fell 13.1 percentage points from the previous candle — from 52% to 38.9%. This drop is larger than 64% of past drops on the 4H timeframe for CADJPY.

Do CADJPY price and energy agree?

Yes. Both price and energy moved down 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 4H candle?

The previous 4H candle had CADJPY at 52%, Bull Bias — this candle kept the same state, no zone change.

Where does CADJPY energy sit within the Bull Bias zone?

At 38.9%, CADJPY is 21.06 points from the upper boundary of Bull Bias (60%) and 18.06 points from the lower boundary (20.88%) — so energy sits closer to the lower 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 Critical with energy 72.2%; GER40 (European equities) in Neutral with energy 7.8%. Against this backdrop, CADJPY (Bull Bias, 38.9%) has higher energy than GER40; lower than SPX500.

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 Bull Critical with Market Energy 68.9%. CADJPY (Bull Bias) and DXY currently sit on the same Bull 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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