Analysis

CADJPY 111.77 ↓0.14%: Bears very strong · 4H 08:00 Oct 23, 2026

·
Candle close
Price and energy
Open 111.9275 · High 111.979 · Low 111.489 · Close 111.77 · Range (high − low) 0.49
CADJPY closed at 111.77, down 0.155 (-0.14%) from 111.925.
Bull–Bear energy behind the price: the market moved from the Bear Critical zone at -70.3% to Bear Critical at -66.2%, up 4.1 points.
Second straight down candle, energy diverges from price.
Price and energy · last 4 candles
Price111.929111.988111.925111.77
Energy-86.2%-71.8%-70.3%-66.2%
Price change↓ 0.10%↑ 0.05%↓ 0.06%↓ 0.14%
Energy change↓ 5.1↑ 14.4↑ 1.4↑ 4.1
Volatility trend chart · last 4 sessions
↓ 0.10%↑ 0.05%↓ 0.06%↓ 0.14%↓ 5.1↑ 14.4↑ 1.4↑ 4.1
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.14% — higher than 67% of past drops
0%255075100%
Energy up 4.1 pts — higher than 20% of past rises
Knowledge

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

RESEARCH

Trend of Bear Critical CADJPY 4H

Sample: 393 4H candles from 2026-07-22 to 2026-10-22
Number of Bear Critical occurrences: 16 times

▸When CADJPY is in Bear Critical:

  • then CADJPY moved to higher Market State: 13 times — 81.3%
  • then CADJPY moved to lower Market State: 3 times — 18.8%

▸Current CADJPY market energy: -66.21%

  • Distance to upper bound of Bear Critical (at -60%): 6.21%
  • Distance to lower bound of Bear Critical (at -74.5%): 8.29%

"Does history really repeat itself?" — 2AITRADING

CADJPY · H4 · 2026-10-22 21:00 UTC
Preview the last 30 candles — price and energy
View live CADJPY chart →
Market Energy
-70.3%
Bear Critical
-66.2%
Bear Critical
Expected at
12:10
Zone
-74.5 – -60
Bias
Sellers in control
Explanation

Following the completion of the 4H candle, CADJPY shows the Bear Critical energy zone.

End-of-session update for 4H, A +4.1% change from the previous candle, Market Energy is now -66.2% (previous: -70.3%).

Time in Bear Critical energy zone: 3 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 -86.2 to 95.

Frequently asked questions

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

When the 4H candle closed at 08:00 on 23-10-2026, CADJPY was at 111.77, down 0.14% from the previous candle (111.925). Market Energy was -66.2%, up 4.1 points from -70.3%, in the Bear Critical state — controlled by sellers. The Bear Critical zone spans -74.5% to -60%.

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

CADJPY closed at 111.77, down 0.14% from the previous 4H candle (111.925). This drop is larger than 67% of past drops on the 4H timeframe for CADJPY, across 396 candles since 2019.

How did CADJPY Market Energy change from the previous candle?

Market Energy rose 4.1 percentage points from the previous candle — from -70.3% to -66.2%. This rise is larger than 20% of past rises on the 4H timeframe for CADJPY.

Do CADJPY price and energy agree?

No. On this candle price fell but energy rose — the two moved in opposite directions. 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 -70.3%, Bear Critical — this candle kept the same state, no zone change.

Where does CADJPY energy sit within the Bear Critical zone?

At -66.2%, CADJPY is 6.21 points from the upper boundary of Bear Critical (-60%) and 8.29 points from the lower boundary (-74.5%) — so energy sits closer to the upper boundary at candle close.

What does Bear Critical mean?

Bear Critical 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 Critical 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 Bear Bias with energy -30.8%; GER40 (European equities) in Bear Bias with energy -30.8%. Against this backdrop, CADJPY (Bear Critical, -66.2%) 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 Critical) 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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