Analysis

CADJPY 111.9875 ↑0.09%: Bears have the edge · 4H 20:00 Oct 23, 2026

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Candle close
Price and energy
Open 111.8825 · High 112.1005 · Low 111.7675 · Close 111.9875 · Range (high − low) 0.333
CADJPY closed at 111.9875, up 0.1045 (+0.09%) from 111.883.
Bull–Bear energy behind the price: the market moved from the Bear Bias zone at -33.4% to Bear Bias at -26.1%, up 7.3 points.
Price and energy are moving up together.
Price and energy · last 4 candles
Price111.77112.031111.883111.988
Energy-66.2%-36.5%-33.4%-26.1%
Price change↓ 0.14%↑ 0.23%↓ 0.13%↑ 0.09%
Energy change↑ 4.1↑ 29.7↑ 3.1↑ 7.3
Volatility trend chart · last 4 sessions
↓ 0.14%↑ 0.23%↓ 0.13%↑ 0.09%↑ 4.1↑ 29.7↑ 3.1↑ 7.3
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.09% — higher than 52% of past rises
0%255075100%
Energy up 7.3 pts — higher than 41% of past rises
Knowledge

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

RESEARCH

Trend of Bear Bias CADJPY 4H

Sample: 398 4H candles from 2026-07-22 to 2026-10-23
Number of Bear Bias occurrences: 28 times

▸When CADJPY is in Bear Bias:

  • then CADJPY moved to higher Market State: 12 times — 42.9%
  • then CADJPY moved to lower Market State: 16 times — 57.1%

▸Current CADJPY market energy: -26.14%

  • Distance to upper bound of Bear Bias (at -20.88%): 5.26%
  • Distance to lower bound of Bear Bias (at -60%): 33.86%

"Past — present — future. The past and present are known. The future is yours" — 2AITRADING

CADJPY · H4 · 2026-10-23 09:00 UTC
Preview the last 30 candles — price and energy
View live CADJPY chart →
Market Energy
-33.4%
Bear Bias
-26.1%
Bear Bias
Expected at
00:10
Zone
-60 – -20.88
Bias
Sellers in control
Explanation

As the 4H candle completes, Market CADJPY in the Bear Bias zone.

On the energy side, Market Energy rose +7.3% from the previous session, from -33.4% to -26.1%.

Time in Bear Bias 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 20:00 on 23-10-2026, CADJPY was at 111.9875, up 0.09% from the previous candle (111.883). Market Energy was -26.1%, up 7.3 points from -33.4%, 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 4H candle, and how large is that historically?

CADJPY closed at 111.9875, up 0.09% from the previous 4H candle (111.883). This rise is larger than 52% of past rises on the 4H timeframe for CADJPY, across 399 candles since 2019.

How did CADJPY Market Energy change from the previous candle?

Market Energy rose 7.3 percentage points from the previous candle — from -33.4% to -26.1%. This rise is larger than 41% of past rises on the 4H timeframe for CADJPY.

Do CADJPY price and energy agree?

Yes. This candle recorded price moving up in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.

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

The previous 4H candle had CADJPY at -33.4%, Bear Bias — this candle kept the same state, no zone change.

Where does CADJPY energy sit within the Bear Bias zone?

At -26.1%, CADJPY is 5.26 points from the upper boundary of Bear Bias (-20.88%) and 33.86 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 Bear Bias with energy -57.1%; GER40 (European equities) in Bear Extreme with energy -98.9%. Against this backdrop, CADJPY (Bear Bias, -26.1%) has higher energy than GER40; sits in the same state zone as 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 Bias with Market Energy 57.3%. CADJPY (Bear Bias) and DXY currently sit on opposite sides.

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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