Analysis

CHFJPY 190.773 ↓0.38%: Bears in the peak-force zone · 4H 20:00 Oct 22, 2026

·
Candle close
Price and energy
Open 191.5 · High 191.596 · Low 190.7525 · Close 190.773 · Range (high − low) 0.8435
CHFJPY closed at 190.773, down 0.726 (-0.38%) from 191.499.
Bull–Bear energy behind the price: the market moved from the Bear Bias zone at -39.7% to Bear Extreme at -92.8%, down 53.0 points.
Third straight down candle, price and energy are moving down together.
Price and energy · last 4 candles
Price191.85191.643191.499190.773
Energy26.0%5.3%-39.7%-92.8%
Price change↑ 0.02%↓ 0.11%↓ 0.07%↓ 0.38%
Energy change↓ 0.9↓ 20.7↓ 45.0↓ 53.0
Volatility trend chart · last 4 sessions
↑ 0.02%↓ 0.11%↓ 0.07%↓ 0.38%↓ 0.9↓ 20.7↓ 45.0↓ 53.0
Δ priceΔ energy↑ up · ↓ down
Volatility · vs history since 2019
Price down 0.38% — higher than 94% of past drops
0%255075100%
Energy down 53.0 pts — higher than 94% of past drops
Knowledge

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

RESEARCH

Trend of Bear Extreme CHFJPY 4H

Sample: 386 4H candles from 2026-07-22 to 2026-10-21
Number of Bear Extreme occurrences: 13 times

▸When CHFJPY is in Bear Extreme:

  • then CHFJPY moved to higher Market State: 13 times — 100%
  • then CHFJPY moved to lower Market State: 0 times — 0%

▸Current CHFJPY market energy: -92.78%

  • Distance to upper bound of Bear Extreme (at -74.5%): 18.28%
  • Distance to bottom -100%: 7.22%

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

CHFJPY · H4 · 2026-10-22 09:00 UTC
Preview the last 30 candles — price and energy
View live CHFJPY chart →
Market Energy
-39.7%
Bear Bias
-92.8%
Bear Extreme
-91.0%
Bear Extreme
Zone
-100 – -74.5
Bias
Sellers in control
Explanation

From the just-closed 4H candle data, CHFJPY shows Bear energy in an extreme reading.

On the 2AiTrading energy system, Market Energy dropped -53% from the previous session, from -39.7% to -92.8%.

Time in Bear Extreme energy zone: 1 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 -92.8 to 60.6.

Frequently asked questions

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

When the 4H candle closed at 20:00 on 22-10-2026, CHFJPY was at 190.773, down 0.38% from the previous candle (191.499). Market Energy was -92.8%, down 53.0 points from -39.7%, in the Bear Extreme state — controlled by sellers. The Bear Extreme zone spans -100% to -74.5%.

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

CHFJPY closed at 190.773, down 0.38% from the previous 4H candle (191.499). This drop is larger than 94% of past drops on the 4H timeframe for CHFJPY, across 388 candles since 2019.

How did CHFJPY Market Energy change from the previous candle?

Market Energy fell 53 percentage points from the previous candle — from -39.7% to -92.8%. This drop is larger than 94% of past drops on the 4H timeframe for CHFJPY.

Do CHFJPY price and energy agree?

Yes. On this candle price fell and energy fell — both moved the same way. This describes the candle that just closed; it does not say where price goes next.

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

The previous 4H candle had CHFJPY at -39.7%, Bear Bias — when this candle closed, CHFJPY moved down to a lower zone: Bear Bias → Bear Extreme.

Where does CHFJPY energy sit within the Bear Extreme zone?

At -92.8%, CHFJPY is 18.28 points from the upper boundary of Bear Extreme (-74.5%) and 7.22 points from the lower boundary (-100%) — so energy sits closer to the lower boundary at candle close.

What does Bear Extreme mean?

Bear Extreme 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 Extreme 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 Extreme with energy -93.5%; GER40 (European equities) in Bear Extreme with energy -81.5%. Against this backdrop, CHFJPY (Bear Extreme, -92.8%) sits in the same state zone as 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 Neutral with Market Energy 19.3%. CHFJPY energy is currently below DXY by 112 points.

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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