Analysis

CHFJPY 191.8495 ↑0.02%: Bulls have the edge · 4H 08:00 Oct 22, 2026

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Candle close
Price and energy
Open 191.71 · High 191.9555 · Low 191.657 · Close 191.8495 · Range (high − low) 0.2985
CHFJPY closed at 191.8495, up 0.0345 (+0.02%) from 191.815.
Bull–Bear energy behind the price: the market moved from the Bull Bias zone at 27.0% to Bull Bias at 26.0%, down 0.9 points.
Third straight up candle, energy diverges from price.
Price and energy · last 4 candles
Price191.647191.753191.815191.85
Energy-0.4%13.2%27.0%26.0%
Price change↓ 0.08%↑ 0.06%↑ 0.03%↑ 0.02%
Energy change↑ 3.4↑ 13.6↑ 13.7↓ 0.9
Volatility trend chart · last 4 sessions
↓ 0.08%↑ 0.06%↑ 0.03%↑ 0.02%↑ 3.4↑ 13.6↑ 13.7↓ 0.9
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price up 0.02% — higher than 9% of past rises
0%255075100%
Energy down 0.9 pts — higher than 4% of past drops
Knowledge

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

RESEARCH

Trend of Bull Bias CHFJPY 4H

Sample: 392 4H candles from 2026-07-22 to 2026-10-22
Number of Bull Bias occurrences: 36 times

▸When CHFJPY is in Bull Bias:

  • then CHFJPY moved to higher Market State: 14 times — 38.9%
  • then CHFJPY moved to lower Market State: 22 times — 61.1%

▸Current CHFJPY market energy: 26.02%

  • Distance to upper bound of Bull Bias (at 60%): 33.98%
  • Distance to lower bound of Bull Bias (at 20.88%): 5.14%

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

CHFJPY · H4 · 2026-10-21 21:00 UTC
Preview the last 30 candles — price and energy
View live CHFJPY chart →
Market Energy
27.0%
Bull Bias
26.0%
Bull Bias
5.3%
Neutral
Zone
20.88 – 60
Bias
Buyers in control
Explanation

Following the completion of the 4H candle, Market Energy of CHFJPY indicates the Bull Bias level.

The energy side shows Compared to the previous candle (27%), Market Energy dropped -0.9% to 26%.

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, CHFJPY Market Energy ranged from -21.3 to 60.6.

Frequently asked questions

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

When the 4H candle closed at 08:00 on 22-10-2026, CHFJPY was at 191.8495, up 0.02% from the previous candle (191.815). Market Energy was 26%, down 0.9 points from 27%, in the Bull Bias state — controlled by buyers. The Bull Bias zone spans 20.88% to 60%.

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

CHFJPY closed at 191.8495, up 0.02% from the previous 4H candle (191.815). This rise is larger than 9% of past rises on the 4H timeframe for CHFJPY, across 385 candles since 2019.

How did CHFJPY Market Energy change from the previous candle?

Market Energy fell 0.9 percentage points from the previous candle — from 27% to 26%. This drop is larger than 4% of past drops on the 4H timeframe for CHFJPY.

Do CHFJPY price and energy agree?

No. Price moved up while energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.

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

The previous 4H candle had CHFJPY at 27%, Bull Bias — this candle kept the same state, no zone change.

Where does CHFJPY energy sit within the Bull Bias zone?

At 26%, CHFJPY is 33.98 points from the upper boundary of Bull Bias (60%) and 5.14 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 60.8%; GER40 (European equities) in Bull Bias with energy 32.5%. Against this backdrop, CHFJPY (Bull Bias, 26%) 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 Bias with Market Energy -25.1%. CHFJPY (Bull Bias) and DXY currently sit on opposite sides.

Real-time Energy Chart

See the real-time energy chart for CHFJPY.

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 CHFJPY on the CHFJPY overview →

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